Business Specialties
Miami Market Update: Heightened Investor Interest
The metro’s transaction activity has been steadily picking up the pace this year, according to CommercialEdge.
Climate Change: A Story of Water, Conservation, Technology
Banyan Water’s Gillan Taddune on the pivotal role enterprises play in reducing the world’s consumption.
Vantage SDC Spends $539M on Silicon Valley Data Center
The deal marks the platform’s first hyperscale data center purchase since its formation in July 2020.
SEC Secures Lease for New HQ
The federal agency has signed a long-term deal with Douglas Development and Midtown Equities.
Los Angeles Market Update: Office Pipeline Shrinks
As of August, Los Angeles had 7.9 million square feet of office space under construction, representing 2.8 percent of total stock, according to CommercialEdge data. Construction starts have slowed down, and month-over-month the pipeline shrunk by 3.6 percent. Construction activity is on par with last year’s figures—Los Angeles had 7.9 million square feet under construction in August 2020 as well. With just over 5.9 million square feet of office space that remains slated for a 2021 completion, Los Angeles is bound to outperform 2020’s activity—which saw the addition of 2.3 million square feet of new office space. However, it is…
Greater Phoenix Asset Trades for $132M
The property commanded the region’s highest price for an office property so far in 2021.
Moderna Plans New Cambridge HQ
Alexandria Real Estate Equities’ life science project will serve as the new home of the COVID vaccine developer.
NAI Lands Austin Spec Assignment
The 350,000-square-foot building is expected to come online next year.
Asset Manager Signs for 524 KSF in Boston
After the renewal and extension, the company will occupy 22 stories at the waterfront property.
Avison Young to Market Pennsylvania Industrial Property
The 620,000-square-foot Hazleton development is slated to come online late next year.
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