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Business Insider Inks 88 KSF Lease in Lower Manhattan
The company will occupy the entire eighth and ninth floors at 1 Liberty Plaza, a 54-story office building owned by Brookfield Property Partners.
George Lucas Museum Gets Green Light
Designed by MAD Architects, the Lucas Museum of Narrative Art will feature an estimated 100,000 square feet of gallery space. The landmark will house a collection illustration, photography, film, animation and digital art.
Samsung Grows US Footprint With $380M SC Plant
Once up and running, the facility is expected to employ workers across a broad range of advanced manufacturing roles, including craftsmen, operators, engineers and other technical and non-technical positions.
Government Properties to Acquire First Potomac in $1.4B Deal
The resulting company will have an enterprise value of $4.3 billion, with gross assets of $4.1 billion. The transaction is expected to be completed by the end of 2017.
San Antonio Lures Investors
Demand for apartments is expected to remain high as more residents move south to avoid the rising cost of housing in Austin.
WPT Industrial Goes on $96M Shopping Spree
The REIT has agreed to acquire two distribution centers in Oregon and Texas. Combined, the properties offer more than 903,000 square feet of gross leasable space.
Silicon Valley Project Lands $79M Construction Loan
Development on Broadway Station will start in the third quarter, with delivery expected in the summer of 2019. Chan Zuckerberg Initiative already preleased the entire building.
$3B Water Street Tampa Development Kicks Off This Fall
The upcoming 9 million-square-foot project will transform the downtown neighborhood, bringing new office, residential, retail, hospitality, cultural and public space over a 10-year build out.
AMD Global Buys, Renovates Houston Hospital
The development firm is the new owner of a four-decade-old health-care property, currently home to St. Joseph Medical Center in The Heights neighborhood.
Sacramento Sets the Pace
Although multifamily rent gains across the country have been decelerating in recent months, Sacramento continues to outperform. The average rent across the metro was up 9 percent year-over-year as of April.