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The partnership of Bridge Development Partners LLC announced its first acquisition in the Portland market, with the purchase of a 35-acre land parcel located at 775 NE Columbia Blvd.
The continued flight-to-quality combined with strong leasing activity resulted in the Houston class-A market netting positive absorption for last year.
Reports of investors' concerns regarding CEO Adam Neumann's owning properties leased to WeWork has not slowed down the flexible office space provider's expansion.