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Spaces' company motto is “success breeds more success,” so the firm chooses to enter markets where there is innovation happening in industries of all kinds, VP of development Michael Berretta tells GlobeSt.com.
The agreement with Life Time comes on the heels of announcements of the development of a 150-room AC Hotels by Marriott and a Zinburger Wine & Burger Bar at the office complex.
In a market where there is obviously very little for-sale product, an office property adjacent to Airbnb's headquarters is snapped up in an off-market transaction by an investor that previously purchased 555 DeHaro St.
“We think of them as tech companies with the highest calling of saving lives and improving patient care,” Irvine Co. Office Properties' Steve Case tells GlobeSt.com.
With a significant number of these developments being redevelopments, the overall net new impact on office inventory is 5.7 million of additional space.