The Seattle-based mega online retailer has signed a lease for 430,000 square feet of office space at WS Development's and PSP Investments' 23-acre Boston Seaport development.

The project will top off with a 452-room Marriott-Edition luxury hotel tower located directly above the terrace level.

The new Orlando office is expected to begin operations this summer. Foy joins Passco as an investment manager and most recently served as a senior regional manager with Greystar.

The project will feature dining, restaurant and entertainment space, along with a corporate office campus, a hotel and residential space.

The deal calls for ILG shareholders to receive $14.75 in cash and 0.165 shares of Marriott Vacations Worldwide common stock for each ILG share. The transaction is expected to close sometime during the second half of this year.

The RPA report suggests the creation of T-REX could be done in three phases—the first phase would be the development of the “Crosstown Line” that would involve the construction of new tracks and tunnels under the East River to provide service between New Jersey and Long Island.

The developer broke ground last week on the 519-room JW Marriott hotel, which will be one of three hotels that will anchor the Water Street Tampa development, one of the largest downtown development projects taking place in the nation.

Cavache Properties, based in Pompano Beach, FL, reports that prior to securing the construction loan, Roberts Equities LLC of Boca Raton, FL invested $6 million of equity into the project.