Commercial

Samsung Building New Headquarters at Silicon Valley (PHOTOS)

Tech Giant Samsung is all set to break ground on the construction of its brand new headquarters in Silicon Valley, California making it the latest addition to the growing tech hub. It will now be joining some of its rivals like Apple, Google and Facebook, who have already started building head offices in the area.

BlackRock Selling Seattle Office Buildings Worth $70 Million

BlackRock Inc, a renowned asset management firm is selling away two of its major downtown Seattle office properties to a unit of Morgan Stanley for about $70 million.

US Office Property Market Growth Slow; Vacancy Rate Stagnant

U.S. property market growth remained sluggish in the second quarter of 2013 with rents climbing little and vacancy rates remaining stagnant. The slow growth is attributed to the lack of improvement in the government employment sector of the country, according to several media reports.