Office

A Global Infrastructure Partners consortium acquired its stake in Gatwick Airport in 2009 for GBP 1.51 billion ($2.5 billion). GIP will manage the remaining 49.99% interest in the airport once the deal with VINCI Airports is finalized.

1501 K St., NW was reportedly sold to an individual firm backed by a high net-worth investor.

Boston Properties reports that the Millennium Management lease brings the 1.6-million-square-foot office tower to 93% leased.

The Portland Design Commission recently named a mass timber office building as a Design Excellence Award recipient, with its construction that achieves larger spans, exposed structure and lower environmental impact.

One thing is for certain: continued innovations are a given within the proptech world and adoption will continue to accelerate, says Mihir Shah, co-CEO of JLL Spark, in this <b>EXCLUSIVE</b>.

After leasing most of Farinon II to Ernst &amp; Young, Worth &amp; Associates has begun construction of Farinon Business Park III, the third of three buildings in Worth's master-planned business community.

Penn Access when completed will provide access for suburban NYC commuters to Penn Station on the West Side of Manhattan using existing Amtrak tracks and right of ways.

The purchase of 1025 Vermont Ave., NW, is the second joint venture for the two companies.