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"We love the characteristics of Boston Children's hub-and-spoke model, where the satellite offices are leased on a long-term basis to an investment-grade system.”
The market has added 12,650 tech jobs in the last five years and with a tech job base that makes up 4% of total employment, the market is now ranked #15 for tech jobs.
The RFP seeks proposals to develop and operate a best-in-class production facility campus for film and television production, video and photo shoots, sound-recording and emerging media sectors.
Cushman & Wakefield's Q2 report also reports that the current bright spot in the District is the CBD Class B market, which has tightened as space has been renovated into Class A.
The company has sold a 28% stake in its Manhattan office and multifamily portfolio and entered into a contract to sell 112 self storage assets for more than $1.3 billion.