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WS Development Lands 580 KSF Tenant at Boston Seaport Project
The deal marks the city’s largest life sciences lease in almost a decade, with Foundation Medicine set to occupy the building’s entire lab and office section.
Las Vegas’ $7.5B Project Aims to Redefine the Smart City
The project, which will take about six years to build out, is sponsored by Bleutech Park Properties and is slated to break ground in December.
WeWork Secures 3rd Maryland Location
The coworking company pre-leased 60,000 square feet at an upcoming development in Bethesda, which is slated for completion next summer.
Federal Reserve Cuts Rates for 1st Time Since Recession
The quarter-point decrease is an attempt to boost lagging growth. Will it help or harm commercial real estate?
Cities’ Clean-Energy Efforts Earn Mixed Report Card
Top cities for energy efficiency and greenhouse gas-reduction efforts, ranked by the American Council for an Energy-Efficient Economy.
Industrial Vacancy to Stay Near Historic Lows
High demand, low supply and rising rents seen in the second quarter will likely persist through year’s end, according to Prologis.
BKM Capital Partners Hits Milestone With $111M Las Vegas Buy
The purchase of the 13-building industrial property marks the California firm’s largest to date. Pacific Business Center was 85 percent leased at the time of sale.
Proptech Continues to Ride High
The industry’s upward trajectory is expected to persist even if an economic downturn takes hold, according to MetaProp’s new mid-year global confidence index.
RevPar Growth Slowest Since 2010
The U.S. hospitality sector seems to be sputtering at mid-year, with supply outpacing demand in multiple markets and most success stories coming from smaller, non-coastal metros, CBRE reports.
JLL to Double Raleigh-Durham Office Space
The company’s Carolinas division will relocate into a larger space early next year after inking a lease at an upcoming mixed-use development in the Triangle.