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One of the most unique parts about the Understory space is the merging of the street and tunnel levels–that's something that hasn't been previously done as entries were not directly accessible from the street level.
The San Francisco Giants just announced the selection of Tishman Speyer as its joint venture partner to develop the waterfront Mission Rock mixed-use neighborhood near AT&T Park.
Balfour Beatty Communities reports it will perform property management services at Ridgeland Place and will invest in a number of capital improvements at the property.
The sale consists of a contractual sales price of $185 million and the release of $3.5 million in member deposits. The total consideration represents approximately $521,000 per key, RLJ Lodging reports.