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JLL reports that since the fourth quarter of 2017, 77% of the 293 announced retailers opening locations in DC have been dining spots, 15% of which were coffee shops.
This purchase, from FRP Holdings, is the second industrial portfolio acquisition Blackstone has made this month.
This year the company has also closed a 2.3-million square foot sale leaseback with BlueLinx and began construction on the Elk Grove Technology Park.
The financial and business advisor will occupy the entire 21st floor of the Midtown East tower.
Instead, it is shifting the composition of the board to give shareholders a larger stake.
The lease with American Real Estate Partners is pending final approval by Loudoun County's Board of Supervisors.
This is the first time the pharmaceutical company has signed on with Rock Creek Property Group.
The labor market is not very pretty right now for employers looking to hire.
Perseus TDC and Four Points have begun construction on the conversion of 200 Stovall St., in Alexandria, Va., into a mixed-use building.
The three assets are located in San Jose, CA, Hillsboro, OR and Ashburn, VA.