Office

Jason Berkowitz and Diana Zuniga are developing 701 Rio under B&Z Development, a company formed in 2007, with a focus on acquisitions and repositions of core commercial real estate properties in Central Texas.

Shorenstein Properties LLC sold Santa Clara Towers to an undisclosed institutional investor, and the terms of the transaction were not disclosed.

The largest transactions were renewals by Genex totaling 50,037 square feet at 440 East Swedesford Road and Tekni-Lex's 17,219-square-foot renewal at 460 Swedesford Place. The Provident Bank also signed a lease renewal for its 3,350-square-foot operations at 460 Swedesford Road.

Telegraph Tower, developed by TMG Partners and endorsed by mayor Libby Schaaf as a key element of Uptown Oakland's development, provides 875,000 square feet of next generation office space.

New York-based owner and developer The Moinian Group launched its groundbreaking ceremony on Thursday to begin construction on the Hudson Arts Building in the West Chelsea submarket.

As part of phase 1, the University of Illinois System's Discovery Partners Institute has signed a letter of intent to build a new innovation center at The 78, on land donated by Related Midwest.

SJP's plans for 200 Wood Ave. include all-new finishes, building systems and an amenity package with a state-of-the-art fitness center, improved conferencing facilities and dining center and collaborative indoor and outdoor areas.

With high barriers to entry due to Stanford University's land holdings and the lack of readily available land for office development, the Sand Hill Road submarket has become an enclave for tenants.