The partnership between Potomac, MD-based Foulger-Pratt and Cerberus Capital Management of New York City purchased One Discovery Place from Discovery Communications.
The purchase of RKF, according to Robert K. Futterman, who will serve as chairman of Newmark RKF, Newmark's retail leasing division, will bring Newmark Group “one step closer to creating a platform that will reshape and significantly impact the retail industry.”
Successful malls will be those that transform beyond shopping into social town centers, places where people go to eat, meet friends, be entertained, relax or experience an array of other services, says QIC.
A new scholarship program with Portland State University's Center for Real Estate in the Schools of Business and Urban Studies and Planning will be provided in part by the SIOR Oregon chapter.
NAI Brannen Goddard has been tapped to lease 265,163 square feet of available space at the newly renovated distribution center in the Atlanta South submarket.
One of the most unique parts about the Understory space is the merging of the street and tunnel levels–that's something that hasn't been previously done as entries were not directly accessible from the street level.