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Carrying occupancy growth into the first quarter, nine new office leases totaling 212,355 square feet have been inked recently at Bishop Ranch, with the majority from firms moving from other Bay Area markets.
Construction financing has been secured for River South, a 350,000-square-foot office building, which consists of a $122.94 million floating rate with a term of five years with one 12-month extension option.
Following the headquarters lease by Direct Energy, the largest footprint at 2 Houston Center to date at 105,578 square feet, Gensler announced it will also take two floors in its Houston office relocation.
Nelson Partners acquired Skyloft, a class-A student housing property for $100 million; a property located one block from the University of Texas and already 77% preleased for the 2019-2020 academic year.
Waterford has assumed management of eight hotels previously operated by Waterton. The properties that were transitioned total more than 1,600 guest rooms in Ohio, Illinois and Massachusetts; six of which are full service hotels.
The organization 17-Forward-86 staged a press conference today at the State Legislative Office Building in Albany where it unveiled its initiative to convince state lawmakers to fund a third lane each way on Route 17 from the Exit 131 Harriman interchange to Exit 103 in Monticello.