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WASHINGTON, DC--JP Morgan Asset Management will be the investment manager of the fund, which is also focusing on New York, Boston, Chicago, San Francisco and Los Angeles.
MIAMI—“With growing demand and no new supply, rental rates and occupancies in the Fort Lauderdale CBD are expected to continue to grow well into the future.”
WHIPPANY, NJ—Named for its previous use, The Powerhouse opened this month, offering enhanced gourmet food services, a multi-function lounge, conference room and a health and wellness center.
GARDEN CITY—Spread across a portfolio of office buildings and a four-property development here, the agreements all were renewals and—in some cases, expansions.
DALLAS—Velocis purchased the property in 2012 and invested $1.5 million in property renovations, with substantial upgrades made to all six floors of the building and the parking garage, which resulted in positioning for a recent sale.
WASHINGTON, DC--Besides making Golden Triangle better connected, the new technology will help the BID maintain the area, BID Director Leona Agouridis tells GlobeSt.com.
LOS ANGELES—Hollywood and Playa Vista account for 67.1% of new office construction, which illustrates the demand from tenants to be in interesting and innovative spaces.
CHICAGO—The developer has helped transform several of Chicago's industrial neighborhoods into trendy office centers, and plans to go national with projects in Portland, Miami and Nashville.
WASHINGTON, DC--JLL notes that this year more than 1.0 million square feet of federal space is moving into new submarkets agencies are increasingly priced out of buildings in the CBD and East End.