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The Transbay Corridor Core Capacity project will receive a fiscal year 2018 funding allocation of $300 million through the US Department of Transportation's Capital Investment Grants program.
American Equity Partners plans to improve and reposition the 23-story One Tower by reimagining the lobby, expanding the amenity package and “reinvigorating the trophy asset,” CBRE reports.
Morgan Stanley provided the 10-year, interest-only loan to Strategic Real Estate LLC to finance the sponsor's prior all-cash acquisition of the office complex.
Legal counsel can assist with assembling smaller parcels for a larger project, creating contracts to build complicated developments or negotiating knotty leases for tenants to occupy multi-use properties.
Magic City Innovation District awaits final approval from the city, while seeking commercial tenants for the neighborhood with $12 million invested in rehabbed buildings thus far.
The leasing opportunity at Pier 17 has up to 18,000 square feet along the Embarcadero where it is adjacent to the Exploratorium Science Museum at Pier 15.
In conjunction with the purchase, TA Realty has hired Avison Young as the exclusive leasing, property management, and project management firm for the 15-story, 146,202-square-foot, multi-tenant, class A office building.
Most office projects are delivered preleased as occupiers pursued a flight to quality, such as Fox's recent Harwood lease, as space is offset by move-outs of third-generation space in first and second quarters.
Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.