Leasing

Invesco, which last week completed the acquisition of MassMutual's asset management affiliate OppenheimerFunds in a deal reportedly valued at $5.7 billion, will be adding 500 jobs and investing $70 million as part of its major expansion in Atlanta.

The advertising firm agreed to lease the full sixth floor for 10 years from Thor Equities.

LeaseLock partners with technology company Boost to advance its effort to eliminate the need for security deposits.

A measure that will cap rent increases throughout the state at 7% plus inflation has passed through the California State Assembly.

Malls, college campuses and suburban office campuses are currently seeing action with a new roster of players emerging beyond the chef-driven concepts and handful of food hall venue operators that largely pioneered this movement, says a recent Cushman & Wakefield report.

Larger trends show office growth is slowing but there are clear signs of expansion in certain submarkets.

Iovance expects to invest approximately $75 million over three years for equipment and construction of the manufacturing suites. The company expects the new facility at the Philadelphia Navy Yard will be completed in approximately two years.

Raytheon signed a seven-year lease deal for approximately 134,000 square feet at the recently redesigned 706,000-square-foot complex that previously housed Wang Laboratories.