Owner says new city center will bring 4.5M SF of commercial, residential and hotel space to under-served neighborhood.

Swiss-based asset manager says it wants to grow the Sun Belt platform of affordable rentals.

New housing is reserved for owner-occupiers and infrastructure grants are "rewards" for towns that okay high density.

The e-commerce giant signs leases for 439K SF in Santa Monica, Irvine and San Diego, enlarging its footprint to 1.5M SF.

Even though soundstage footage grew 14% since Q1 2021, production companies can demand 5- to 10-year leases.

A $3B expansion will put e-commerce delivery hubs in suburban stores, and add small-footprint outlets in city centers.

Only 3 of 19 sectors were in the black in April, including casino REITs expected to bid on NYC gaming licenses.

Singapore's largest REIT acquired 7 industrial properties in the Chicago area for $99M.