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The property is currently 76% occupied. Bridge Investment Group, which acquired more than 6 million square feet of space in the US in 2018, says it plans to undertake a $5-million capital improvement program at the campus.
Hollinden was previously a transaction manager in Colliers' Corporate Solutions Group, responsible for delivering integrated portfolio transaction management, project management and advisory services to clients nationwide.
Recent commitments of 187,300 square feet at the 313,000-square-foot class-A 3400 at CityLine bring the building to 60% leased, with remaining space negotiations underway by Transwestern.
With cost increases during the last several years, property margins have decreased compared to prior years, bringing the focus to expenses and the right capital plan, Allison says in this <b>EXCLUSIVE</b>.
The proceeds from the Green Bond issuance will help finance sustainable construction projects and equipment at NYU's 181 Mercer St., 370 Jay St., and the Langone Health Science Building.
The first “Alexandria GradLabs” property will be located in San Diego at 9880 Campus Point Drive. The 98,000-square-foot project is scheduled to be delivered by 2020 and will be built at the Pasadena, CA-based firm's flagship San Diego property—Campus Pointe by Alexandria.
San Francisco is the sixth largest US flexible office space market with 3 million square feet of flex, but it's the growth potential that is particularly intriguing, JLL says in this <b>EXCLUSIVE</b>.