News

Discovery Communications has retained the Capital Markets Group of JLL to sell its 540,000-square foot downtown headquarters.

HITT Contracting has made a number of changes to its leadership bench as it positions itself for a new round of growth.

Here's a look at the latest news, announcements and deals that you may have missed in Alaska, Washington, Oregon, Idaho, and Northern California.

The property offers 529,000 square feet of class A office space at 300 Interpace Parkway and 1 Upper Pond Road, with leasing opportunities from 3,500 to 90,000 square feet.

Carr Properties has completed a $300 million convertible debt investment with Israeli insurer Clal while Almanac Realty has committed up to $400 million to Merritt Properties.

It is paying approximately $96 per square foot for the 887,917-square foot JANAF Shopping Yard, including the assumption of $58.4 million of mortgage loans secured by the property.

Yet CBRE reports that foreign investment accounted for 42% of Washington DC's total office investment in 2017, with most of the capital coming from Japan, Norway and Canada.

New York was pushed from its top slot and even must share the No. 1 US spot with Los Angeles in this year's AFIRE survey.