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The deal adds to Brookfield's portfolio in Boston that includes 13 office and life science properties totaling more than 3 million square feet and six multifamily properties.
With 2.6 million people, almost half of Bay Area adults, using a KQED service each week, the KQED board of directors decided to renovate its building at 2601 Mariposa to allow for future growth in years to come.
Business and political leaders have expressed deep concern that a long-lasting moratorium could have a dramatic impact on the billions of dollars in new development projects that are in the pipeline in the affected areas of the county that include the cities of Mount Vernon, Yonkers, New Rochelle and White Plains.
The Washington, DC-based real estate firm also announced its first tenants at the multi-building property including a deal with restaurant Texas Roadhouse and Sheetz, a convenience store and gasoline station, and a 20,000-square-foot health club.
In an exclusive audio interview, Avison Young's Philadelphia market leader David Fahey looks at some of the trends driving CRE investment in the City of Brotherly Love in 2019.
The acquisition of 350 Rhode Island presented a compelling opportunity to participate in a robust and technology-centered office market, and do so with an attractive yield and at below-replacement basis.
HLW designed the building's main circulation corridor to double as a main tour route for guests and clients that showcased a timeline of the company's history and important dates highlighted along the path.