Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
The training center has added approximately 42,000 square feet, more than double the size of the existing high bay facility, to include space for additional flight simulators, a demo room and classrooms.
The greater Redmond market has been driven by the explosive growth of Facebook's virtual reality division, Oculus, which now occupies more than 885,000 square feet, and investors are taking notice.
Real estate investors use 1031s or like-kind exchange strategies to maintain strong portfolios, apply more capital towards current real estate opportunities and maximize tax savings.
Toyota, Liberty Mutual and JP Morgan Chase have recently relocated major operations to the Legacy area and are expected to generate more than 20,000 jobs with a projected economic impact of $11 billion.
Sygnii is the newest multifamily asset in one of the tightest markets in the Pacific Northwest, reaching stabilized occupancy twice as quickly as the average new community so it attracted strong investor interest.
Currently, San Francisco tenant demand of 7.6 million square feet outpaces availability at 7.4 million square feet, mainly in the large user category, and absorption should remain strong for the remainder of the year.