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Amazon Rumored to Have Chosen 2 Locations for HQ2
The e-commerce behemoth reportedly decided to split its $5 billion second-headquarters project between sites in New York City and Northern Virginia.
TX Industrial Portfolio Commands $88M
Stos Partners and Washington Capital Management have teamed up on the acquisition of eight buildings comprising nearly 1.4 million square feet in the border city of Laredo.
Amazon’s Surprise HQ2 Candidate: Long Island City
A burgeoning Queens neighborhood a short subway ride from Manhattan, the area joins Crystal City, Va., and Dallas as the rumored finalists for the online retailer’s second U.S. campus. The latest twist: Amazon could split HQ2 between two locations.
Taubman Debuts $500M Makeover of LA’s Beverly Center
The REIT has completed its reimagination of the upscale, 866,000-square-foot mall two years after commencing the project, which included the creation of destination dining.
JV Sells Seattle Office/Flex Park for $142M
SteelWave was both buyer and seller of the 17-building Canyon Park Business Center in Bothell, Wash., as joint ventures sat on each side of the table.
Paramount’s San Francisco Office Portfolio Earns LEED Platinum
The company is recognized for its environmental and operational standards at all three of its locations in the city, which total 2.9 million square feet.
A Nuanced Analysis of Phoenix’s Industrial Market Boom
With the metro boasting dynamic speculative industrial development, Lee & Associates Arizona Principal Chris McClurg explains why developers favor certain submarkets of the city.
Pebblebrook Raises $1.8B for LaSalle Merger
Earlier in the year, LaSalle Hotel Properties had said yes to an all-cash offer from Blackstone, but the company later terminated the agreement in favor of the Pebblebrook bid.
Raleigh-Area Office Campus Fetches $69M
HFF, acting on behalf of Crescent Lakeside LLC, orchestrated the sale of Crescent Lakeside I & II, a 255,000-square-foot property in central North Carolina’s Research Triangle.
Midtown Realty Affiliate Buys Miami Shopping Center
A joint venture between Duncan Hillsley Capital and Pebb Capital sold the 126,000-square-foot property for more than double its 2014 acquisition price.