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BOSTON—The hot commercial real estate sectors continue to be biotechnology, biopharmaceutical and healthcare, which are driving vacancy rates down and investment higher in the Silicon Valley, the Research Triangle and particularly in the Boston-Cambridge area here.
LOS ANGELES—The Rams are close to signing a short-term lease for a 50,000-square-foot office space in Agoura Hills, which will house the team's headquarter operations until the stadium is completed in 2019.
NEW YORK CITY—The new hire was an executive managing director and a senior member of the hospitality and gaming group, GlobeSt.com has learned EXCLUSIVELY.
MISSOURI CITY, TX—Phase I of Gateway Southwest Industrial Park, a multi-building development strategically located in a southwest suburb of Houston, is now complete.
TEMPE, AZ—With a combined sale price of $13.8 million, the properties at 420 and 501 S. Mill Ave. encompass a 15,460-square-foot site at the northwest corner of Mill Avenue and 5th Street.
BEIJING—The all-cash offer from the Chinese insurer now values Starwood Hotels at about US$14 billion; Marriott has reaffirmed its commitment to completing the merger agreement it forged with Starwood last November.