The anchor tenant at L&L Holding's Plaza District development is increasing its occupancy to approximately 331,800 square feet.

WeWork announced today that it has received the $6-billion investment from Softbank. A total of $5 billion is in the form of primary growth capital and the remaining $1 billion is in secondary capital, which will be used to fund share purchases from investors and employees.

While fundraising in value add and opportunistic funds was up last year, core and core-plus had dropped dramatically.

Aggressive “Value-Add” repositioning of Midtown South office properties continues to be the trend in 2019.