Generation Lab's lease comes as demand is starting to recover for life science real estate in the Bay Area.
Scandic Hotels is integrating the Dalata hotels into its portfolio, which is happening on schedule according to company leadership.
The property has been leased back by the Danish company.
The potential price jumps to over €2,000 per square meter for the most suitable space.
The major sale has been quietly finalised.
The firm has made a quick start to 2026 by increasing its portfolio by more than 60,000 square feet.
City tops the table for the first time, as Edinburgh, London and Cambridge reinforce their positions as core investment markets, says Colliers.
Two neighbouring buildings on the exclusive Mayfair square have sold in the last two months.
Kenfo says the time is now right an €1 billion drive.
JLL is pitching the building as an opportunity to turn vacant space into apartments or hotel rooms.
The president outlined a "rate payer protection pledge" in his State of the Union speech.
Read the latest on new hires, promotions and other personnel changes.
Steve Purpura named executive vice chairman after joining firm from Beacon Capital Partners
Thom Geshay, also president of the hotel management company, admits 2025 didn't meet the industry's expectations.