Office

The new ownership states it will invest significant capital into the building to maintain its heritage. Plans call for an upgraded lobby, a new spec suite program, and improved tenant lounge and fitness facility.

The 360,000-square-foot headquarters campus, Santana West, is developer Federal Realty’s biggest expansion at the iconic Santana Row mixed-use live-work-play property since its opening in 2002.

American Specialty Health leased approximately 164,000 square feet of class-A office space in Heritage Commons IV, which provides the unique ability to be fully operational from day one when it moves in next month.

The workspace provider, valued at $1 billion, now leads the market in New York, San Francisco and Paris.

The brokerage firm reports the non-recourse loan for the Jersey City-based REIT was funded by Apollo Global Management through Athene Annuity & Life Assurance Co.

New York-based Innovatus Capital Partners buys the class-A office property in Mesa, Arizona.

To tap top talent, corporations are installing branded and immersive experiences in the office space that create an experience in the workplace.

Since 2017, the Chicago area has seen a slight increase in investment within Opportunity Zones, while values in those areas have decreased.