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IRVINE, CA-The Los Angeles-based REIT closes on its previously reported deal to acquire 271,556-square-foot 2211 Michelson Dr. from Hines and Crescent Real Estate Equities.
MILAN-The firm will move its headquarters to the Porta Nuova project, which will include one million square feet of office, 400 residential units, 400,000 square feet of retail and a hotel.
NEW YORK CITY-With a name change to GTIS Partners effective next month, the now-independent company will continue its focus on US residential and Brazil.
IRVINE, CA-The Los Angeles-based REIT has signed an agreement to buy the 12-story, 271,600-square-foot office building from a JV of Hines Interests and Crescent Real Estate.
'What's necessary is to get the data and information out; so that there's enough of a history and a timeline on these projects that they can actually determine what is that dollar value.'