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NEW YORK CITY—The REIT has inked agreements for 71,547 square feet of space at its properties in the Times Square, Plaza District and Chelsea neighborhoods.
PHOENIX—The Phoenix Metro is a prime location for many reasons, making it an increasingly hot spot for investment. How have corporate relocations to the Phoenix Metro impacted the investment community? What are some of the most notable transactions of late? What are the success stories of the biggest dealmakers? Velocity Retail's Judi Butterworth will guide her panel, Investing in the Phoenix Metro, through these topics and more at RealShare Phoenix Metro.
SAN FRANCISCO—In an <b>UPDATE</b> to a previous story about Hudson Pacific's $3.5-billion buy, EOP Northern California Portfolio's current occupancy and rents are approximately 10% and 15% below market, with approximately 60% of leased square footage expiring by year-end 2017.
HOUSTON—Patrinely Group, headquartered in Houston, is developing the new 266-unit complex to be built on three acres of land next to the 2500 City West Blvd. office building.
NEW YORK CITY—Diversification is a big buzzword in commercial real estate, but Retail Properties of America (ICSC NY booth 542) is focusing its efforts on 10 key cities where it wants to do business.
SAN FRANCISCO—Hudson will acquire Equity Office Properties' San Francisco Peninsula and Silicon Valley portfolio (the “EOP Northern California Portfolio”) from Blackstone Real Estate Partners V and VI.
NEW YORK CITY—One of the firm's chairmen is stepping down and the company's multifamily portfolio will be turned over to the city's largest office landlord.
LOS ANGELES—Pacifica Hotels, one of the largest beachfront hotel owners, purchases the 80-room hotel from a private investor with plans to renovate the property.