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Hudson Pacific to Expand Hollywood Studios with 315 KSF Office Tower
Hudson Pacific Properties is slated to start construction of Icon at Sunset Bronson Studios, a 14-story, 315,000-square-foot high-tech office building in Hollywood, next door to the former Warner Bros. headquarters.
Global Law Firm Signs 440 KSF Lease at Premier Rockefeller Center Location
Powerhouse global law firm White & Case has signed a long-term lease for 440,000 square feet at the Class A tower at 1221 Avenue of the Americas, also known as the McGraw-Hill Building, in Manhattan.
Vornado Completes $350M Refinancing of NYC’s 909 Third Ave.
Vornado Realty Trust has completed a $350 million refinancing of 909 Third Ave., a 33-story, 1.3 million-square-foot Midtown Manhattan office building.
USAA Develops 705 KSF HQ for National Science Foundation in Alexandria, Va.
San Antonio-based USAA Real Estate Co. has acquired from the Hoffman Co. the Alexandria, Va., site where a new 704,571-square-foot headquarters will be built for the National Science Foundation.
Salesforce.com Inks 714 KSF Space, Largest Office Lease in San Francisco History
In the largest office lease in San Francisco’s history, Boston Properties and Hines, co-developers of what will be the U.S.’s tallest office building west of Chicago, have signed Salesforce.com as the tower’s anchor/name tenant.
ULI Special Report: Smart Moves for Smart Capital
While institutional capital isn’t necessarily known for its flexibility and innovation, an environment of accelerating change in business conditions has some companies adjusting their strategies for securing high yields while minimizing risk. Mike Ratliff reports from ULI’s Spring Meeting in Vancouver.
Soho Properties, MHP Join Hampshire Hotels to Create New Dream Hotel at Times Square
A development team comprising Soho Properties, MHP Real Estate Services and Hampshire Hotels Management has acquired 560 Seventh Ave. in Manhattan’s Times Square, which they will replace in a $300 million project with a new Dream Hotel and 20,000 square feet of luxury retail.
Harbor Group Affiliate Buys 456-Unit M-F Community in Houston
An affiliate of Harbor Group International has purchased Westchase Creek, a 456-unit multi-family community in Houston’s Westchase District, for an undisclosed sum.
LaSalle Acquires San Francisco’s Hotel Vitale for $130M
LaSalle Hotel Properties has acquired Hotel Vitale, a 200-key lodging in San Francisco, for $130 million.
Starwood Hotels & Resorts to Open 17 New Properties in Latin America
Starwood Hotels & Resorts has unveiled plans to open 17 new hotels in Latin America over the next two years.