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Nowhere to Go But Up: First U.S. Multistory Warehouses to Open as Amazon Ponders Airborne Fulfillment Centers
Bridge Development and Dov Hertz plan to create a multistory warehouse at this site in Brooklyn, New York.Amazon, the online innovator that changed retailing, now has plans for a futuristic airborne fulfillment center where it would use drones to deliver...

Highland Capital Buys Dallas' Cityplace Tower
Cityplace Tower, the tallest Dallas building outside downtown, has sold to Highland Capital Management in one of the largest deals in the southwestern United States in the past decade. The acquisition of the 42-story, 1.35 million-square-foot tower...

New Residential, Commercial Projects Coming to Former Denver Air Force Base
The last pieces of the redevelopment of Denver's former Lowry Air Force Base are falling into place nearly 25 years after the plan was submitted to the U.S. Air Force. Developers are gearing up for more residential development in Lowry’s last neighborhood...

Minneapolis Unveils Draft Plan of $125M Riverfront Development
Upper Harbor TerminalCredit: City of Minneapolis The city of Minneapolis and its master development team are showing off sweeping plans for redevelopment of the Upper Harbor Terminal, 48-acre tract of industrial land running along the Mississippi River...

WeWork Signs Its Biggest One-Time Manhattan Office Lease This Year, Capping Push in Largest U.S. Market
21 Penn Plaza.Shared office space provider WeWork signed its biggest one-time Manhattan office lease so far this year, capping a push in its hometown of New York City, the nation's largest office real estate market. In a partnership with TH Real Estate...

Savannah Historic District to Get Major Project, Swelling Development Surge in Georgia's Oldest City
A New York developer is set to turn an old Savannah, Georgia, industrial site into one of the largest projects in the local Historic District, extending a surge of development in a city struggling to keep its charm while taking advantage of its growing...

LaSalle Canadian Property Fund Reaches $1 Billion
Minto Place at 180 Kent St. in downtown Ottawa.LaSalle Investment Management has reached $1 billion in assets in its Canada property fund, purchasing a Calgary shopping centre for $56.25 million and buying one-third of Minto Place in Ottawa for $135 million...

Open Office Spaces Must Evolve to Compete in a WeWork World, Experts Say
Projects like the new Ampersand, in San Diego’s Mission Valley, seek to offer office configurations and amenities to compete with providers such as WeWork. Credit: Casey Brown Co.The long-hailed concept of “open” office plans is getting pushback amid...

Colliers Broker Joins MMG Equity Partners in Bet on South Florida Shopping Centers
­­A private investment firm in South Florida has hired Colliers International broker Marcos Puente to build its commercial property portfolio, making a bet on large shopping centers in the region. Puente will be director of acquisitions for MMG Equity...

Suburban Offices Draw Renewed Interest From Commercial Mortgage-Backed Securities Lenders
Investor TPG acquired Millennium Corporate Park, a six-building suburban office portfolio in Redmond, Washington, last month for $153.49 million.Suburban office properties are drawing renewed interest from commercial mortgage-backed securities lenders...

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