National

Commercial brokerage firm CBRE reports that the firm, which specializes in commerce fulfillment, omni-channel distribution and reverse logistics, has committed to an industrial lease of 249,853 square feet at the property.

The firm closed a record-breaking $70 million in the last 30 days, and is also on track to break an annual record.

Since 2018, the Downtown Los Angeles submarket has delivered 5,000 of the nearly 10,000 total units built in the market.

Some 80% of apartment residents say they visited a property website before renting and most Millennials are laser-focused on location, amenities, lifestyle, pricing and ease of doing business.

Elizabeth Atlee steps into the position to oversee a global ethics and compliance program.

"'Mission' is the mission," says KeyBank Real Estate Capital SVP Dirk Falardeau as he breaks it all down for GlobeSt.com readers.

The transaction serves as the firm's largest real estate portfolio acquisition to date.

The new campus will be a $1 billion 3-million-square-foot site that is to house an initial 5,000 employees when it opens in 2022, later growing to 15,000.