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The projected construction cost of the project is $75 million. The operating costs of the facility for the first 10 years (2019-2029) is estimated at $184.8 million.

Since 2013, improving economic conditions in the housing market area have led to increased net in-migration, averaging 24,800 people annually, and the Beaverton-Hillsboro submarket comprises 28% of the total.

Spaces has leased 110,989 square feet at Tishman Speyer's iconic New York office tower.

In the past 24 months, Citimark has grown its southeast industrial portfolio from zero to nearly 1.1 million square feet across 22 buildings.

“These assets are highly sought-after, especially given lack of opportunities to acquire these types of deals in the market,” says HFF's José Cruz.

With a slowdown in apartment deliveries during the last year as part of the recovery from Hurricane Harvey, average occupancy rate elevated amid sustained rental demand as of the second quarter.

The not-for-profit club signed a 15-year lease at Thor Equities' historic building near Bryant Park.

The $800-million will be spent over the next seven years to expand its laboratory space, manufacturing capacity and warehouse facilities at the company's Rensselaer County campus.