New York

"Clearly this is a pivotal event, not only for our company, but also for the competitive landscape in our region," says David Grove, managing director at Lee & Associates.

Temasek and certain institutional clients of Guggenheim Investments partnered with Eastdil on the deal, leaving Well Fargo to retain a minority ownership interest in the company.

The opening of the Industrious location at the open-air Esplanade at Aventura is scheduled for the second quarter of 2020.

The new hire comes as Chase becomes a prominent player in transformative community development.

SL Green will use the sale proceeds to build upon its strategy of redirecting capital from dispositions in a healthy investment market to acquire its discounted stock shares.

The Salt Lake City, UT.-headquartered firm is aiming to renovate 8,000 affordable units nationwide.

CPPIB will have a 45% ownership interest in the Platform 16 joint venture. Boston Properties will retain the remaining 55% ownership stake and provide development, property management and leasing services.

In a new lease agreement, the co-working firm is hearkening to a new wave of tenants that steps away from solo entrepreneurs and start-ups.