Leasing

In its bankruptcy filing, Destination Maternity will commence to shutter no fewer than 175 locations by Oct. 28 and no fewer than 35 additional locations by Nov. 1.

OwnBackup, which has secured nearly $50 million in funding—including a $23.25 million Series C raise earlier this year—has doubled its workforce every year since 2016.

Wexford Science & Technology has hired Transwestern to lease the 227,113-square-foot property.

Anpac Bio, which signed a 6,724-square-foot lease at the Montgomery County complex, will be joining a list of life science tenants at the campus, including Jefferson Institute Bioprocessing, among others.

Occupiers are adopting a hybrid approach to office space that includes both direct leasing and flexible office space.

The firm will move into the first of three Comstock office towers in the mixed-use development, in early 2020.

In this EXCLUSIVE, Joe Melton of The Morgan Group discusses how his company builds and retains strong leasing teams in a strong labor environment.

Property benefits include a HUD Project-Based Section 8 contract for rental assistance and HPD Article 11 regulatory agreement, a tax incentive for new construction or rehabilitation of affordable housing.