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There is a premium associated with more infill, higher barrier to entry submarkets as seen with the Arlington, TX location of the 63,124-square-foot Albertsons, which recently sold to a private investor.
The new patient care building will total approximately 1.035 million square feet of space. The building, which will be approximately 200 feet high, will also include six stories of underground parking (1,100 spaces) and two Centers of Excellence—a cancer center and heart center.
In his statement, County Executive Latimer described the planned meeting with Con Edison as more of a fact-finding session to learn the reasons behind the imposition of the natural gas connection moratorium.
For the first time in its history, the Port of Long Beach surpassed 8 million TEUs in cargo volumes, Mario Cordero announced at the annual State of the Port address.
State Street Corp. reports it has signed a 15-year lease for approximately 510,000-square-feet at the planned 43-story office tower, part of the Bullfinch Crossing redevelopment project in Downtown Boston.
The initiatives include seeding a real estate investment in Oakland, anchoring a $100 million national loan fund for affordable housing and kicking off a plan to end homelessness for 500+ Oakland residents.