The company is moving closer to going private three months after a non-binding, $5.9 billion offer.
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The development is set to include 1.6 million square feet of office space, as well as large retail, residential and hotel components.
While transactions took a hit lately, metro L.A. properties with a healthy mix of long-term tenants continue to attract capital.
The 770,000-square-foot former Macy's flagship stretches across a full block in the city center.
The new four-year credit agreement, which replaces a facility set to expire this summer, has options for two six-month extensions.
The initial phase is slated to bring five high-paying jobs, while the long-term investment in the facility is expected to reach $200 million.
A global survey of owners and investors indicates that the pandemic has heightened attention to several key factors.
A deep dive into the powerful currents shaping the future of the nation's largest office market.
The firm will retain a 5 percent interest in the 6.5 million-square-foot project.
The vital program helps fight climate change while providing owners with a critical source of capital.
Despite last year's pandemic-induced downturn and oil price volatility, the rental segment is faring better than initially expected.
In one state, an unemployed worker would have received 95 percent of pre-pandemic income from state and federal benefits.
The newly acquired portfolio expanded the firm's local footprint to roughly 2.5 million square feet.
Commercial real estate, clean energy and construction experts assess President Biden’s wide-ranging proposals.
The four-building logistics park will occupy a 128-acre site northwest of downtown.
The REIT also upsized its credit facility to $1 billion and extended its maturity date by 5 years.
Holding more than three decades of industry experience, the Austin-based company’s new executive is joining the firm from Newmark.
The renewal includes more than 140,000 square feet at a LEED Gold-certified property.
CBRE arranged the $20.5 million transaction on behalf of the new owner, Exeter Property Group.
The new location marks the company’s fifth flexible workspace area in Orange County.