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09/21/2017
Facebook Takes 436,000 SF in San Francisco's Largest Office Lease Since 2014
Facebook, Inc. has leased all 436,000 square feet of office space at developer Jay Paul's 181 Fremont St., a 70-story office tower under construction in downtown San Francisco across from the Transbay Transit Center. The social media giant leased the...

09/15/2017
Investors Pay $5M for Two Industrial Development Sites
North Signal Capital and Westport Capital Partners LLC, acquired the two North Pointe Commerce Park development sites located on North Point Industrial Blvd. in Hanahan, SC for $5 million from West Rock Land and Development. The 29.8-acre site is located...

09/12/2017
Hanover Ridge Buildings Set to Deliver
NorthPoint Development will complete construction next month on two new industrial buildings within its Hanover Ridge Trade Center at 600 New Commerce Blvd. in Wilkes Barre, PA. Construction started in 2016, and when completed, Bldg 2 will total 842...

09/05/2017
Related JV Lines Up $1.5 Billion Contruction Loan for Next Hudson Yards Tower
Related Companies, Oxford Properties Group and Mitsui Fudosan America, Inc. today announced the closing of a $1.5 billion senior construction loan for 50 Hudson Yards, which represents the final piece in the $3.8 billion financing of the massive development...

08/31/2017
Molto Breaks Ground on New 678,000-SF Spec Project in Louisville
Molto Properties, a commercial real estate developer based out of Oakbrook Terrace, IL, has acquired a 30.42-acre site and begun construction on a new 677,685-square-foot logistics center in Louisville, KY. Teaming up with development firm Verus Partners...

08/28/2017
Apple to Develop $1.4 Billion Data Center in Iowa
In the latest move by a Silicon Valley tech giant to establish a presence in the rural state of Iowa, Apple, Inc. has announced plans to build a $1.38 billion, 400,000-square-foot data center in the Des Moines suburb of Waukee. Cupertino, CA-based...

08/24/2017
Gates-Vinik JV Announces Design Team for Water Street Tampa Megadevelopment
Developers of the planned $3 billion, 9 million-square-foot Water Street Tampa megadevelopent in downtown Tampa named design teams and revealed other details about the project, one of the largest downtown master developments in the U.S. Strategic...

08/24/2017
Related Cos. Expects to Break Ground Next Year on $1B Frank Gehry-Designed Complex
Related Cos. and its Chinese financial partner have finally applied for permits to develop the Grand Avenue Project, a two-tower mixed-use complex designed by famed architect Frank Gehry, following years of planning changes and other delays. Related...

08/24/2017
PCCP, Panattoni JV to Develop Spec Industrial Projects in Atlanta, Richmond
PCCP, LLC announced today it has formed two joint ventures with Panattoni Development Co, Inc. to develop speculative industrial projects in Buford, GA and Richmond, VA, totaling more than 1.1 million square feet. In Buford, PCCP and Panattoni will...

08/21/2017
3P-Logistics Firm Takes 1 Million SF in Carlisle, PA
Syncreon, a fast-expanding third-party logistics company, has preleased just over 1 million square feet from Goodman Group at the Goodman Logistics Center in Carlisle, PA. Auburn Hills, MI-based syncreon, which operates in more than 20 countries with...

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