Office

The tech behemoth has locked down a 1.5 million-square-foot lease spanning the Hudson Yards commercial development.

Major items in the proposed $3.6-billion 2020 Capital Budget include: $2.1 billion in aviation spending, including $1.5 billion to continue redevelopment of the agency's airports.

One observer says companies should grow more slowly, building as time goes by to make sure the right people are in the right seats.

The LA agency market leader position was created for Bill Bloodgood, who joins the firm as executive managing director.

The company will occupy 10,600 square feet at Related Beal's eight-story 286,000-square-foot office building. Motif FoodWorks is expected to take occupancy in June 2020.

The team, led by David Beshears, brings a 25-year track record and will focus on a wide variety of property types, primarily in Florida and the Southeast.

JLL also helped SFA secure a 10-year, $24.75-million fixed-rate acquisition loan for the portfolio that is located near Center City Philadelphia.

A New Jersey-based real estate investor buys two buildings in the Deerfield Corporate Office Park.