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Bloomberg Inks 460 KSF Lease Renewal in Manhattan
The finance and media giant will continue to occupy 75 percent of Global Holdings’ office tower on Park Avenue near Grand Central Terminal.
Phillips Edison, Northwestern Mutual Form $415M JVs
The two seeded joint ventures, Grocery Retail Partners I and II, own a combined portfolio of 20 shopping centers anchored by leading grocers.
Atlanta Mixed-Use Development Lands $278M Loan
North American Properties and Lionstone Investments will use the financing to develop the next phases of Colony Square. The project is set to include entertainment, retail, restaurants and office space.
It’s Official: Amazon Announces HQ2 Winners
JBG Smith will develop 4 million square feet for the e-commerce giant in Arlington, Va. Amazon will take another 1 million square feet at an office tower owned by Savanna in Long Island City, N.Y.
Amazon Expected to Announce HQ2 Decision
The e-commerce giant could make it official today, according to reports. Crystal City, Va., and Long Island City, N.Y., are the widely rumored choices for the $5 billion project.
WeWork Expands Presence in NYC
The global network of workspaces signed a 61,375-square-foot lease with Winter Properties LLC, taking the entire office component of a Class A building in Greenwich Village.
Class A Office Breaks Ground in Charlottesville, VA
Insite Properties is developing the 3TWENTY3 project, which has been in the planning stages for several years. The downtown building has already attracted a significant prelease from law firm McGuireWoods.
Skanska Begins Construction of $197M Office Tower in Poland
The 505,900-square-foot, 38-story building, located within the three-structure Generation Park, marks the first office high-rise in the Stockholm-based developer’s Poland portfolio.
Portland Industrial Property Changes Hands for $49M
Specht Development and Ares Management have teamed up on the acquisition of the nearly 1 million-square-foot facility, which currently houses grocery wholesaler and retailer SUPERVALU.
Ready Capital, Owens Realty Mortgage to Merge
The combined company will operate as Ready Capital, be headquartered in New York City and retain Thomas Capasse as chairman & CEO.