Pyramid Cos. is the largest privately held shopping mall developer in the northeast and owns 16 properties totaling 17.8 million square feet located throughout New York, Massachusetts and Virginia.

Its core real estate funds depreciated by only 3.9% and continued to see inflows over the quarter, president Jonathan Gray, which were up 36% year-on-year.

OYO's long-term stay bookings climbed to 21% since stay-at-home orders began in mid-March.

Board president James Whelan objects to the application of construction "prevailing wage," the pay rate contractors have to offer their employees when doing business with government agencies.

"We have also added additional cleaning staff to disinfect all areas of the building multiple times throughout the day, focusing on high-touch areas," says Magellan Development's Brian Gordon.

The firm developed the guide based on its experience in moving 10,000 companies and nearly a million workers back into 800 million square feet of buildings in China.

The coronavirus crisis has shown companies how much business is possible to be accomplished over the phone and video conferencing, Avison Young says in a Q1 report on the state's office market.

APG, Canada Pension Plan Investment Board and ESR Cayman say they hope over time it will double its investment by delivering as much as $2 billion in new development projects.