Office

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    Event Coverage: Office Sector Still Least Attractive for REIT Investors
    December 7, 2018
    Event Coverage, Office
    High capex, low cap rates, and narrow returns continue to stave off REITs from...
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    How Driverless Cars Could Benefit L.A. and the IE
    December 4, 2018
    Office
    A representative of CBRE recently reported that by disrupting the way employees commute to...
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    Sorrento Mesa’s The Yard Sells for $25M
    December 3, 2018
    Office
    A joint venture between Locale Advisors and Long Wharf Capital has sold The Yard,...
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    Navarra Reveals Plans for 550,000-SF Office Development
    November 30, 2018
    Office
    Navarra Properties has revealed plans for a SuperBlock@I.D.E.A. District, a multi-phase development on an...
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    TH Realty Buys Life-Sciences Asset for $43M
    November 30, 2018
    Office
    TH Realty has purchased 10222 Barnes Canyon, an 81,976-square-foot, two-story, class-A life-sciences building in...
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    Two OC Office Assets Change Hands
    November 27, 2018
    Office
    In two separate transactions, Newmark Knight Frank (NKF) has represented the sellers in sales...
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    Five SD Office Assets Win TOBY® Awards (SLIDESHOW)
    November 21, 2018
    Office
    The San Diego Building Owners and Managers Association (BOMA San Diego) has announced its...
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    Stillwater JV Sells Renovated Riverside Office Complex
    November 20, 2018
    Office
    A private high-net-worth buyer has acquired Mission Lake Center, a multi-tenant office complex at...
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    Stillwater JV Buys Orangewood Office Park for $19M
    November 19, 2018
    Office
    An unspecified real estate investment trust has sold Orangewood Office Park at 2100 and...
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    Mission Viejo Creative Office Gets Refi
    November 15, 2018
    Office
    Private real estate investment, development, and finance firm Bolour Associates Inc. (Bolour) has refinanced...
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    Cruzan Picks Up Another Carlsbad Asset
    November 14, 2018
    Industrial, Office
    San Diego–based real estate investment firm Cruzan has acquired Carlsbad Commercial Center, an office/industrial...
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    Westcore Makes Sorrento Valley Land Purchase
    November 14, 2018
    Industrial, Office
    Westcore Properties has acquired 6.64 acres of land located along Sorrento Valley Road at...
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    Irvine Co. Picks Up 120K-SF Del Mar Heights Asset
    November 7, 2018
    Office
    Irvine Company has acquired One Del Mar, a 120,000-square-foot, class-A office property at 12544...
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    Longfellow Reveals Inspire Purchase Strategy (SLIDESHOW)
    November 7, 2018
    Office
    As SoCal Real Estate reported Wednesday, Longfellow Real Estate Partners purchased the Inspire campus...
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    Parallel Sells $112M Office/Lab Portfolio
    November 6, 2018
    Office
    San Diego-based real estate investment firm Parallel Capital Partners Inc. has disposed of the...
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    Skin-Care Firm Expands to 54K SF in Sorrento Mesa
    November 6, 2018
    Office
    Curology has signed a lease with Montana Avenue Capital Partners for 54,232 square feet...
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    First Creative-Space Completion for Block D Tenant
    November 6, 2018
    Office
    Office space has been completed for BASIC Agency, a tenant at Block D in...
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    Event Coverage: SD MetroConnect Startup Debuts HQ (SLIDESHOW)
    November 2, 2018
    Office
    As part of the MetroConnect program launched by World Trade Center San Diego (WTC),...
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    The Quad and the Workplace of the Future
    November 1, 2018
    Office
    In October, The Irvine Company opened its newest workplace community, The Quad @ Discovery...
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    What Draws Tech Investors to OC
    October 31, 2018
    Office
    The third quarter marked the second consecutive quarter of Orange County tech funding topping...
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    Davlyn Office Sales Bring in $44M
    October 30, 2018
    Office
    Davlyn Investments Inc. has sold two San Diego office properties to two different local...
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    Co-Working Firm Preleases 44,000 SF at Kettner & Ash (SLIDESHOW)
    October 30, 2018
    Office
    Spaces, a national co-working firm, has pre-leased a total of 43,540 square feet of...
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    Riverside Office Portfolio Fetches $44M
    October 29, 2018
    Office
    Dornin Investment Group (DIG) has acquired a five-building, class-A office portfolio on the perimeter...
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    How Parking Solutions Could Work in OC and SD
    October 29, 2018
    Office
    As SoCal Real Estate recently reported, some trends that could be growing in Orange...
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    Shorenstein Picks Up 565,000-SF Office Towers
    October 26, 2018
    Office
    Shorenstein Properties LLC has acquired Sorrento Towers North & South, two class-A office projects...
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    OC Office Fundamentals and Trends for 2019
    October 24, 2018
    Office
    Recently renovated office buildings are capturing much of the leasing activity in this sector...
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    Costa Mesa Creative Asset Brings Seller $84M
    October 22, 2018
    Office
    A joint venture between Goldman Sachs and Steelwave has sold The Hive, a 181,822-square-foot,...
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    West Coast Office is Brighter Than NYC for Investors
    October 19, 2018
    Office
    Densification and increased capex are eating away at office returns across the country, but...
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    28 Percent of SoCal Parking Sits Unused at Peak Demand
    October 18, 2018
    Office
    Recent research shows that SoCal may not need the parking space it currently has—at...
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    New SD Office Microdistricts Emerge
    October 18, 2018
    Office
    San Diego office tenants “are pushing into emerging microdistricts as space options dwindle and...
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    RW Co-Founders Buy Bayside Square for $23M
    October 17, 2018
    Office
    The co-founders of Redwood West (RW), a boutique commercial real estate firm that specializes...
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    Bixby Land Company Sells The Oberlin for $20M
    October 16, 2018
    Office
    Crown Realty & Development Inc. and its affiliate CPF Oberlin Associates LLC have purchased...
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    OC Creative-Office Sale Sets New PSF Record
    October 9, 2018
    Office
    Harbor Associates has sold 71 at the Park, a 37,090-square-foot office building at 25371...
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    New Office Programs Help Mitigate Parking Issues
    October 8, 2018
    Office
    The desire to reduce parking in office buildings and increase projects near public transit...
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    What Can Services Like OfficeSpace.com Do for SoCal?
    October 8, 2018
    Office
    OfficeSpace.com touts itself as “the Zillow for commercial properties,” according to a representative of...
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    What Demountable Walls Can Do for SoCal Construction
    October 5, 2018
    Office
    With flexibility being a buzzword for Southern California buildings, design tools that allow for...
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    The Irvine Company Buys 235,000-SF SD Office Asset
    October 3, 2018
    Office
    Union Investment has sold Paseo Del Mar, a 235,000-square-foot, class-A office development in the...
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    Anaheim Office Asset Flies for $29M
    October 2, 2018
    Office
    A joint venture between Greenlaw Partners and its institutional partner has sold Stadium Centre,...
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    SD Industrial Build to Replace Office Property
    October 2, 2018
    Industrial, Office
    The demand for modern industrial space in the San Diego market has led to...
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    JLL Office Exec Moves from Chicago to OC
    October 2, 2018
    Office
    Monica Moore | Courtesy a representative of JLL Monica Moore, a managing director in JLL’s...
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    How Important is the Tech Sector to San Diego?
    September 28, 2018
    Office
    Tech is a critical component of the San Diego local economy and CRE market,...
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    A Vision for Repurposing Office Assets (SLIDESHOW)
    September 27, 2018
    Office
    As SoCal Real Estate recently reported, the redeveloped former San Diego Union-Tribune site Amp&rsand...
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    Renovations Completed on 838,300-SF Office Project
    September 26, 2018
    Office
    Redevelopment of office properties continues in Southern California. Developer Swift Real Estate Partners has...
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    EXCLUSIVE: Irvine Company Buys UTC Office Asset for Reported $180M
    September 25, 2018
    Office
    In another large trophy-office deal for the SoCal market, Sunroad Enterprises has sold Sunroad...
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    Finance Firm Commits to 95,000 SF at Amp&rsand
    September 20, 2018
    Office
    The redeveloped former San Diego Union-Tribune site, Amp&rsand, has a new tenant. According to...
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    Avison Young Starts Life-Sciences Group
    September 20, 2018
    Office
    Commercial real estate services firm Avison Young has created a life-sciences-specialty practice group, according...
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    SD Coastal: An Autonomous Office Submarket
    September 19, 2018
    Office
    As SoCal Real Estate recently reported, office-sales activity in the coastal submarket of San...
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    Granite Closes on 346,000-SF Office Asset
    September 17, 2018
    Office
    Another trophy office building in Orange County has been sold. Granite Properties has acquired...
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    4224 Campus Point Court Redux Begins
    September 14, 2018
    Office
    Developers are endeavouring to meet demand for upgraded life-science space in San Diego’s UTC...
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    Mission Valley Office Campus Fetches $20M
    September 11, 2018
    Office
    The appeal of San Diego’s Mission Valley submarket continues to increase. A partnership between...
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    SoCal Data-Center Demand Increases
    September 11, 2018
    Office
    As the use of technology continues to grow, so does the need to store...
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    Fourth $100M-Plus OC Sale This Year Closes
    September 10, 2018
    Office
    Office deals keep getting larger. Kelemen Company has purchased The Atrium, a 302,877-square-foot, 10-story...
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    Buyer Pays $465 PSF for SD Creative Office
    September 4, 2018
    Office
    A high-net-worth individual from Los Angeles has purchased a 19,894-square-foot creative-office building located at...
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    Are OC’s Tech Submarkets in Danger of Oversaturation?
    September 4, 2018
    Office
    A recent report distributed by a representative of JLL shows that while all tech...
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    Office Fundamentals to Watch
    August 31, 2018
    Office
    Olive Hill Group, an owner/operator that focuses on office properties, has invested in more...
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    Why Customization is Better Than Chasing Trends (SLIDESHOW)
    August 31, 2018
    Office
    No design solution is one size fits all. Even though open offices have become...
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    SD Coastal Office Sales, Leasing Pick Up in Q2
    August 30, 2018
    Office
    The coastal markets in San Diego — La Jolla, Pacific Beach, Torrey Pines, Del...
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    Bank Takes 160,000 SF at Two UTC Buildings
    August 27, 2018
    Office
    Two of Irvine Company Office Properties’ buildings in the La Jolla UTC submarket of...
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    How Remote Working is Affecting Office Design
    August 23, 2018
    Office
    Technology has enabled a huge number of office workers to work from just about...
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    Cruzan Affiliate Sells Creative Project for $43M
    August 22, 2018
    Office
    A representative of Cushman & Wakefield’s (C&W) Capital Markets in San Diego reports that...
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    What’s Driving SD’s Life-Science Rental Rates
    August 20, 2018
    Office
    Rental rates for life-sciences space in many areas of the San Diego market are...
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    Pros and Cons of Renting Office Space in Central OC
    August 15, 2018
    Office
    As OC office submarkets go, many office users wouldn’t think of locating in Central...
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    Culture Quotient Low? Expect High Turnover
    August 14, 2018
    Office
    If you can’t define your company’s culture or it has a bad one, employees...
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    Tech Firms Take More Than 115,000 SF in UTC
    August 13, 2018
    Office
    The tech boom continues in the La Jolla UTC market as four more firms...
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    Centerpoint Plaza Flies for $27M
    August 3, 2018
    Office
    New York Life Real Estate Investors, on behalf of an undisclosed institutional client, has...
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    Few Office Assets for Sale in Three SoCal Markets
    August 3, 2018
    Office
    According to Q2 office reports from Marcus & Millichap (M&M), Orange County, San Diego,...
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    Vista Buys Seville Plaza for $28M
    August 1, 2018
    Office
    Vista Investment Group has acquired Seville Plaza, a seven-acre office/medical campus located at 5469,...
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    1500 Quail Sells for $32M
    July 31, 2018
    Office
    New York Life has sold a seven-story, 90,715-square-foot office building located at 1500 Quail...
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    Admiral Capital Buys 121,000-SF Office Building
    July 31, 2018
    Office
    Admiral Capital, in partnership with investment-management firm Admiral 2R Management LLC, has acquired...
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    Brea Multi-Tenant Office Asset Fetches Nearly $9M
    July 30, 2018
    Office
    Miller Brothers Eureka Road One LLC, a 1031 exchange buyer, has acquired a 43,800-square-foot...
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    San Diego’s Tech-Labor Force Grows 20 Percent in Five Years
    July 27, 2018
    Office
    San Diego moved up three spots to #16 on CBRE’s Tech Talent Scorecard, part...
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    Landscape Construction Completed on Three Great Park Offices
    July 27, 2018
    Office
    Rancho Margarita, California–based Park West, a provider of landscape construction, landscape-management and tree-care services,...
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    Internet Firm Relocates to Creative Space in Rancho Bernardo
    July 26, 2018
    Office
    NextLevel Internet Inc. has signed a new lease to relocate and expand its offices...
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    Abandoned Tustin Building Remodeled to Modern Workplace
    July 25, 2018
    Office
    Construction has been completed on a newly renovated office building located at 14201 Franklin...
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    $149M Refi for UTC Life-Science Campus
    July 24, 2018
    Office
    HFF represented borrower Phase 3 Real Estate Partners Inc. in the $149-million refinancing of...
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    Bosa to Transform 777 Front Street
    July 19, 2018
    Office
    Bosa Development will begin redeveloping a vacant building located at 777 Front Street in...
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    Koll Will Invest $4M-Plus in 77K-SF Flex Upgrade
    July 19, 2018
    Industrial, Office
    The Koll Company has acquired a 77,000-square-foot flex building at 1361 Valencia in Tustin,...
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    SD Office Hits Highest Asking Lease Rate on Record
    July 19, 2018
    Office
    Industry research from several large brokerage firms shows that San Diego had especially strong...
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    What’s Next for OC’s Class-B Office Space?
    July 19, 2018
    Office
    The inventory of class-B office space in Orange County is shrinking, which is causing...
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    R.D. Olson Takes 13,000 SF at 400 Spectrum Center
    July 18, 2018
    Office
    R.D. Olson Construction, a general contracting firm in California specializing in hospitality, multi-unit, education,...
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    Q2 Office Leasing Shows Strength in OC and IE
    July 18, 2018
    Office
    Both the Orange County and Inland Empire office markets saw a decrease in vacancy,...
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    61,000-SF Ontario Office Building Sells
    July 16, 2018
    Office
    Ontario, California–based Fin-West Group, a company that originates mortgage loans, sells mortgage loans to...
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    SD Office Leasing and Sales Nearly Double in Q2
    July 13, 2018
    Office
    The San Diego office market kicked back into gear during the second quarter, displaying...
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    IE’s Empire Towers V Fetches $30M
    July 11, 2018
    Office
    TA Associates has sold Empire Towers V, a five-story 124,529-square-foot, class-A office building in...
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    More Large Office Blocks, Diverse Tenants in OC
    July 11, 2018
    Office
    The number of available blocks of office space in Orange County that are 50,000...
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    Healthcare Firm Moves Into Newly Built-Out Space (SLIDESHOW)
    July 2, 2018
    Office
    GreatCall, a leader in connected health for active aging, has opened its brand-new, class-A...
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    Kidder Mathews Brings in Veteran SVPs, Partners
    July 2, 2018
    Office
    The commercial real estate veteran team of Michael Dorsey and Stephen Madigan have joined...
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    PBG Completes Two Corporate Renovations Totaling $22M
    June 27, 2018
    Office
    Pacific Building Group (PBG) has completed construction on two corporate offices in San Diego:...
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    Costa Mesa Creative Office Fetches $14M
    June 26, 2018
    Office
    Dunbar Real Estate Holdings has acquired a creative-office campus at 660 Baker Street in...
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    Construction Complete on 170K-SF R&D Facility
    June 25, 2018
    Office
    Alexandria Real Estate Equities Inc. (ARES) and BNBuilders have completed construction on Vertex Pharmaceuticals’...
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    $3M Redux Complete on Old Town Office Plaza
    June 21, 2018
    Office
    The Casey Brown Company has completed a $3 million renovation on Old Town Plaza,...
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    The Next Step in Workplace Design’s Evolution
    June 21, 2018
    Office
    As SoCal Real Estate recently reported, Colliers International San Diego Region has completed a...
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    OC Co-Working Market Tops 680K SF
    June 19, 2018
    Office
    More than 680,000 square feet of space in Orange County is currently being occupied...
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    Harbor JV Picks Up 110K-SF Office Asset
    June 18, 2018
    Office
    Harbor Associates LLC and Ascentris have partnered to acquire The Pinnacle, a 110,110-square-foot, five-story,...
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    The Patio Marketplace Comes to 400 Spectrum Center Drive
    June 18, 2018
    Office
    Irvine Company Office Properties has signed a lease with The Patio Group, operator of...
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    What Makes an Office Instagramable?
    June 18, 2018
    Office
    It’s not enough just to have pleasant surroundings in today’s office sector. Millennials —...
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    Ware Malcomb Finishes Tech Firm’s SD Offices
    June 12, 2018
    Office
    Design firm Ware Malcomb has completed interior architecture and design and branding services on...
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    Pendulum Buys $100M Office Asset in San Diego
    June 11, 2018
    Office
    Pendulum Property Partners has acquired StoneCrest, a class-A office campus located at 9635, 9645,...
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    The Inspiration Behind Starr Atrium’s Renovation
    June 6, 2018
    Office
    As SoCal Real Estate recently reported, Tangram Interiors has been honored as part of...
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    The Summit Fetches $150M for Investment Advisor
    June 5, 2018
    Office
    A global investment advisor has sold The Summit Office Campus, a five-building, 479,451-square-foot mid-rise...
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    What Makes Irvine Ideal for Tech?
    June 5, 2018
    Office
    According to JLL, first-quarter tech investment activity grew 22.5 percent in Orange County compared...
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    Colliers Transforms Its North County SD Office (SLIDESHOW)
    June 1, 2018
    Office
    Colliers International San Diego Region has completed a transformation of its North County San...
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    RiverRock Chosen to Manage 327K-SF Office Campus
    June 1, 2018
    Office
    Pendulum Property Partners has chosen RiverRock Real Estate Group as property manager for Stonecrest...
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    Irvine Company Preleases Additional 47,000 SF at The Quad
    May 30, 2018
    Office
    Irvine Company Office Properties has preleased a combined 47,000 square feet of space at...
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    Preventing Modern Office Acoustics From Killing Productivity
    May 29, 2018
    Office
    Open office plans attract creative and talented employees but can pose acoustic problems. In...
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    Is OC Office in Trouble?
    May 25, 2018
    Office
    During the first quarter of the year, Orange County’s overall availability rate jumped by...
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    Madison Marquette Talks Merger With PMRG
    May 24, 2018
    Office
    Commercial real estate firms Madison Marquette and PMRG, which has a divisional office in...
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    Rancho Bernardo Office Asset Sells for $18M
    May 22, 2018
    Office
    San Diego-based Cal-Sorrento LTD has purchased a fully leased, 61,227-square-foot, multi-tenant office building located...
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    JV’s $37M Buy Includes Del Mar Office Asset
    May 16, 2018
    Office
    Harbor Associates LLC and its joint-venture partner The Bascom Group LLC have acquired office...
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    Office Asset Sells for $11M Within 24 Hours
    May 11, 2018
    Office
    The Wang Family Trust has purchased a 25,918-square-foot office building located at 20377 Southwest...
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    Owners Can Lease More Space With a “Green” Building
    May 10, 2018
    Office
    Buildings 10 years ago may have undergone voluntary certification programs such as LEED, whereas...
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    Who is the Largest Coworking Space User in SD?
    May 9, 2018
    Office
    In San Diego, there are over 1.2 million square feet of coworking spaces across...
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    Hines JV Gains $144M Loan for Intersect
    May 7, 2018
    Office
    A joint venture between an undisclosed global investment management firm and Hines has acquired...
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    Inland Empire Office Vacancy is Lowest in SoCal
    April 27, 2018
    Office
    According to NAI Capital, the office market vacancy rate across Southern California was 10.2...
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    Manchester Financial Center Gains $45M Refi
    April 25, 2018
    Office
    CBRE’s Capital Markets’ Debt & Structured Finance team has arranged a $44.75 million loan...
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    First Ground-Up Waterfront Offices in 28 Years Available in Newport Beach
    April 24, 2018
    Office
    On behalf of Texas-based owner Third Palm Capital, Redwood West, a boutique real estate...
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    Irvine Company, SCE Launch First Hybrid Electric Buildings
    April 24, 2018
    Office
    The Irvine Company and Southern California Edison (SCE) have conducted a “virtual ribbon cutting”...
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    Kearny Mesa Attracts Large-Tenant Office Leases
    April 23, 2018
    Office
    San Diego’s Kearny Mesa submarket saw a vacancy decrease in Q1 due a number...
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    Which SoCal White-Collar Jobs Could Be Eaten by Robots?
    April 23, 2018
    Office
    CommercialCafé recently released a report on the highest-paying white-collar jobs most in danger of...
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    Redux of 77K-SF Office Building Complete
    April 19, 2018
    Office
    BLT Enterprises has completed renovations of a 77,000 square-foot, two-story office building at 5454...
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    OC Office Asking Rates Hit Record High
    April 18, 2018
    Office
    The Orange County average office asking lease rate increased $0.02 to $2.90 per square...
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    This One Sale Accounts for 70 Percent of SD’s Q1 Office Volume
    April 18, 2018
    Office
    While still coming down from its record-high sales volume of Q3 2017, the San...
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    JV Pays $33M for Mission Valley Office Building
    April 17, 2018
    Office
    A joint venture between Hill Properties and a fund managed by DRA Advisors LLC...
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    New Trends in OC Office Investment
    April 13, 2018
    Office
    As SoCal Real Estate recently reported, Los Angeles–based commercial real estate capital-markets advisor George...
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    Office Vacancy Below 13 Percent for First Time Since 2006
    April 11, 2018
    Office
    San Diego’s office market kicked off 2018 on stable footing as vacancy continued to...
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    Why So Many Large Blocks of OC Office Space Available?
    April 9, 2018
    Office
    According to a recent report from JLL, there are 60 blocks of available space...
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    OC, SD Office-Rent Increases Are Among Nation’s Highest
    April 6, 2018
    Office
    Strong demand from office users in Orange County and San Diego is causing rents...
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    BJ’s Renews 57K-SF Lease in 12-Story Tower
    April 5, 2018
    Office
    BJ’s Restaurants has extended the lease term on its corporate headquarters at One Pacific...
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    Rancho Bernardo Sees 14 Percent Office Rent Growth Y-O-Y
    April 4, 2018
    Office
    While office asking rents in all San Diego submarkets have rebounded substantially from the...
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    Newport National Completes $5M Redux, Signs 73K Lease at Summit Pointe
    April 2, 2018
    Office
    Newport National Corp. has completed the $5 million renovation of Summit Pointe in San...
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    What Makes SoCal Office Workers Unhappy — and What You Can Do About It
    March 30, 2018
    Office
    Commercial Café, a nationwide commercial real estate listings platform and a part of Yardi...
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    Orange County Boasts Second-Highest Office-Rent Growth in US
    March 27, 2018
    Office
    Orange County continues to be one of the strongest office markets in the country....
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    Voit Negotiates $10M-Plus Lease at 3 Park Plaza
    March 26, 2018
    Office
    Voit Real Estate Services has negotiated a ten-year lease valued in excess of $10...
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    Communications Tech Firm Signs Nine-Year Lease at Summit Pointe
    March 23, 2018
    Office
    TrellisWare Technologies, a privately held San Diego communications technology company, has signed a nine-year...
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    KBS Taps Cushman & Wakefield for City Tower Services
    March 22, 2018
    Office
    KBS, on behalf of its Strategic Opportunity REIT, has hired Cushman & Wakefield to...
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    BLT Converts Sorrento Valley Industrial to Creative Office
    March 22, 2018
    Office
    Los Angeles-based BLT Enterprises has repositioned a 6,500-square-foot raw industrial space in the Sorrento...
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    Guthrie Turns Around, Sells Placentia Office Park
    March 22, 2018
    Office
    Guthrie Development Co. has sold Placentia Office Park in Placentia, California, for $10.4 million...
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    Golden Triangle Office Building Sells to Investor
    March 20, 2018
    Office
    Shoreham Place LLC has sold Governor Plaza, a small-tenant office building in San Diego’s...
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    NorthMarq Arranges $34M Bridge Loan for Corporate Pointe
    March 20, 2018
    Office
    NorthMarq Capital has arranged a bridge loan of $33,998,400 for Corporate Pointe, a five-building...
  • Eastgate Summit in the La Jolla UTC submarket of San Diego
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    Eastgate Summit Leased to Corporate Tenant
    March 17, 2018
    Office
    AbacusNext has signed a lease with Irvine Co. to fully occupy its new 65,000-square-foot...
  • Palomar Crest Corporate Center, Carlsbad, California
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    Energy Co. Renews Lease at Palomar Crest Corporate Center
    March 16, 2018
    Office
    Onsite Energy Corp. has signed a 62-month lease renewal for a 5,166-square-foot space at...
  • City Tower in Orange, CA
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    Torchlight Sells City Tower for $147M
    March 16, 2018
    Office
    KBS Capital Advisors has purchased City Tower, a 20-story, 435,777-square-foot high-rise office building in...