Tribeca, PGIM, Meadow JV signs ground lease for Textile Building in Manhattan
A newly-formed joint venture between Tribeca Investment Group and funds managed by PGIM Real Estate and Meadow Partners announced they have entered into a...
WeWork announces SoftBank deal, Adam Neumann to become board observer
SoftBank Group Corp. and WeWork’s parent organization The We Company announced an agreement under which SoftBank commits to provide significant funding to WeWork.
The agreement includes...
Rolls-Royce moves headquarters to Comstock’s Reston Station
Rolls-Royce North America will move its headquarters to Reston Station in early 2020. The company will re-locate from Reston Town Center into the first...
Commercial office property in Charlotte sold to Shorenstein
Shorenstein Properties LLC ("Shorenstein"), an owner and operator of high-quality office and mixed-use properties across the U.S., has acquired a 450,000-square-foot commercial office property...
Spirit Airlines to build new global headquarters in Florida
Spirit Airlines will build a new global headquarters in Dania Beach, Florida. The company plans to move into the new campus by mid-2022.
The...
Unico Properties buys Class-A office property in Seattle
Private commercial real estate investment and operating firm Unico Properties LLC, a subsidiary of Unico Investment Group LLC, has acquired Westlake Tower, a Class-A high-rise...
Citi to buy office property from Uniland in Western New York
Citi has agreed to acquire an office property, 580 CrossPoint Parkway in the CrossPoint Business Park, and nine acres of adjacent land from Uniland...
Blackstone to acquire Bellagio from MGM Resorts for $4.25bn
Blackstone Real Estate Income Trust(BREIT) and MGM Resorts International will form a 95%/5% BREIT-led joint venture to acquire the real estate assets of the...
LaSalle announces life sciences property investment in San Diego
LaSalle Investment Management (“LaSalle”) has acquired partial interest in the world headquarters and life sciences property of Illumina, a global leader in DNA sequencing...
AECOM to sell its Management Services business for $2.4bn
Global infrastructure firm AECOM announced that it has entered into a definitive agreement for the sale of its Management Services (MS) business to affiliates...
Amazon plans to open fulfillment center in Channahon, Illinois
Amazon plans to open a fulfillment center in Channahon, Illinois, creating more than 500 new, full-time jobs starting at $15 an hour.
Employees at the more than one million-square-foot...
Empire State Building announces new 102nd floor observatory
The Empire State Building announced the third phase of its top-to-bottom reimagined observatory experience, the newly renovated 102nd floor observatory.
Opening to the public on October...
