Regions
Apple to Open $5B Silicon Valley Campus in Spring
Envisioned by the late Steve Jobs, the 2.8 million-square-foot development will rank as one of the most energy-efficient buildings in the world.
StepStone Closes Fund III, Plans $1B+ in Investments
The company will target office, industrial, senior housing, student housing, hotels and multifamily projects in the U.S. and Europe.
$550M Loan Earmarked for Brookfield NYC Asset
Civitas Capital secured the financing for 200 Liberty St., a 1.7 million-square-foot office tower in Lower Manhattan.
InvenTrust Properties Corp. Goes Shopping in Maryland
The Safeway-anchored retail center traded for $54M.
Ashford Unveils Proposal to Buy FelCor
The combined company would be the second-largest pure-play lodging REIT by guestroom count and no. 3 by enterprise value.
WeWork Leases 60 KSF in the Heart of San Francisco
The company will occupy the fourth through seventh floors of Columbia Property Trust’s 650 California St.
Hersha Acquires Seattle Hotel for $79M
The Pan Pacific is part of the 2200 Westlake mixed-use project developed by Vulcan Inc. in 2006.
NGKF Closed $79M Sale of Empire Towers I-IV
The 400,976-square-foot office campus was built in 1991 to 2005 and renovations of the common areas were made between 2014 and 2016.
Economy Watch: Fed Hints at Another Imminent Rate Hike
In the latest FOMC meeting minutes, the Fed suggests it might be appropriate to raise interest rates “fairly soon.”
Full-Floor Office Lease for Iconic Chicago Tower
Equity Office leased 51,000 square feet of space at Willis Tower to the National Restaurant Association.