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While mid-market projects are increasing, that does not minimize the tremendous impact and market share large-scale projects maintain in New York City.
Approximately 43% of employed Americans say they spend at least some time working remotely and there's no signs of that slowing as the traditional 9-to-5 five-day work week morphs into work-life integration.
Polsinelli, a senior managing director and principal, and Rogovin, senior director and principal, at Eastern Consolidated, will lead the new Compass commercial division.
TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA), will retain the remaining 50.1% interest in 501 Boylston St., which totals 610,000 square feet of office and retail space.
WPC has been working with Montgomery County on the Ripley District's transformation from former light industrial use to a transit-oriented neighborhood.
The cash and stock merger deal, which was announced on May 2, is expected to close on Sept. 7. The deal values MTGE at $19.65 per share of MTGE common stock based on the closing price of Annaly's common stock on April 30, 2018.