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WASHINGTON, DC-Macerich, the developer of Tysons Corner Center in McLean, Virginia, has selected three developers to carry out the $600-million expansion of the 2 million-square-foot regional shopping mall.
CHICAGO-The firm, which split from Motorola Inc. in early 2011 and later purchased by Google, will become the largest office tenant at the Merchandise Mart.
LONDON-Houston-based Hines has made a number of purchase and development ventures in London, one of many international firms finding safe haven in the steady office market here.
SAN FRANCISCO-As homeownership challenges are realized, Americans’ renewed zeal for city life both informs and benefits from nearby transit centers.
BRISBANE, AUSTRALIA-The Houston-based firm, through its Global REIT trust, now owns two fully-occupied offices in the country, where cap rates are compressing slower than in the US.
SANDY, UT-The real estate firm and a subsidiary of a fund managed by Oaktree Capital Management L.P. acquire South Towne Corporate Center from KBS Realty Advisors for a reported $44.5 million.
DEERFIELD, IL-The 172,000-square-foot building serves as a headquarters location to three of Wells Core Office Income REIT tenants—CF Industries, Lundbeck and Randstad.