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World’s Most Expensive High Streets
Tracking more than 400 top retail streets, Cushman & Wakefield’s 30th edition of its Main Streets Across The World report ranks them by their prime rental value.
DC Office High-Rise Changes Hands for $338M
Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.
Peakside, Madison Sell Frankfurt Office Asset
The joint venture acquired the 516,600-square-foot Frankfurt Airport Center last year and invested in an extensive refurbishment program. Tenants include Lufthansa, Fraport and Airport Club.
Case Study in Net Zero Energy: AGU’s Renovated HQ
What happens when a real estate project is driven by an organization of scientists that wants to benefit science, the environment and humanity?
Netflix Preleases Hollywood Office Project
The entertainment giant has leased more than 350,000 square feet at Kilroy Realty’s Academy on Vine mixed-use development. Occupancy is expected to begin in phases in 2020.
Arcapita Expands Cleveland Industrial Footprint
The global company partnered with Weston to acquire seven facilities totaling more than 650,000 square feet. Weston will be in charge of leasing and managing the portfolio.
MCR, BLT Close $648M Hotel Portfolio Financing
A Bank of America-led consortium provided the funding, which is secured by a 53-property, 5,958-key collection of lodging properties operating under the Marriott and Hilton brands.
Is Flex Office Space Here to Stay?
A new report from JLL’s EMEA group looks at how technological advances, the evolving nature of work and the rise of the gig economy transformed Europe’s largest flex markets.
Amal Clooney Praises Greenbuild Crowd for Essential Work
The international human rights lawyer spoke on the struggle for “climate justice” and the ability of individuals and companies to effect change when governments fail to step up.
What’s Next for Amazon’s HQ2
Executives shed light on what the tech giant’s multi-billion investment means for Long Island City, N.Y., Crystal City, Va., and Nashville, Tenn.