Office

The deal is structured as a sale leaseback as part of a consortium alongside Related Cos. and a third-party investor.

In addition to the passage of the Fiscal 2020 Operating and Capital Budgets, the City Council overwhelmingly approved a plan to build a $60-million liquified natural gas facility in Southwest Philadelphia.

Industrious Country Club Plaza will offer co-working and private offices for teams of various sizes. The new location in Kansas City is expected to open for business in the third quarter of this year.

The two firms will recapitalize 520 Broadway, a creative office building in Downtown Santa Monica.

The $450 million project will provide more than 900 units to the UC Hastings campus for students, faculty and staff, along with construction of an Academic Village and renovation of the McAllister building.

For the past six years, Transwestern has provided investment advisory services to Sumitomo Corporation of Americas including sourcing, property evaluations, operational assessments and market assessments.

Construction on the $714-million project is expected to begin in 2022. The new pavilion that will total 438,000 square feet of usable space, will feature nine floors of cutting-edge technology and a design to provide patients and families with world-class acute care.

The lease deal at 100 Summer St. follows Ironwood Pharmaceutical's separation of Cyclerion Therapeutics, Inc. on April 1, 2019.