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Construction is beginning on the project, a six-block work/live/play district in Downtown's East Village, and BNIM's Matthew Porecca tells GlobeSt.com it will be an interactive prototype for the workplace of the future.
Good operators will understand their market as well as the health systems and providers that deliver the care in order to achieve the right synergies in medical-office buildings, Cypress West's Chris Cumella tells GlobeSt.com.
The Bay Area market continues to experience strong leasing activity, particularly in the northern Silicon Valley submarkets where high-quality, tech-focused space is available at more competitive rates and positive occupancy gains were posted for the 16th straight quarter.
The RFP seeks proposals for HRA to anchor one or multiple new developments, involving up to 300,000 square feet of office space in the East New York section of Brooklyn.
Construction is set to begin this month on Chelsea Senior Living of Shrewsbury, a $29.3 million, 73,000-square foot community targeted to open in the third quarter of 2018. It's one of three new developments planned by Capitol Seniors Housing in New Jersey.
“As property investors increasingly focus on fast-growing '18-hour' cities, both major and secondary markets are experiencing accelerated growth rates,” says Trepp's Manus Clancy.
Despite all indicators of a robust market, the markets are watching Washington closely to see if the administration's agenda will be implemented, Avison Young's Keith Kropfl tells GlobeSt.com.
Brinker is putting its longtime LBJ Freeway headquarters on the market as it prepares to move to a new build-to-suit at Cypress Waters in the spring of 2019 and will do a sale-leaseback until its departure.