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Pebblebrook Hotel Trust has made a 'final merger proposal' to buy LaSalle Hotel Properties for $32.49/share, up from its last offer of $31.75/share.
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The Gensler-designed mixed-use project is being developed by the Warriors and JLL, with an affiliate of Starwood Capital Group as the hotel operator.
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WeWork confirmed to Bisnow it handed over management of the two WeLive locations in Crystal City and Manhattan to the landlords, JBG Smith and Rudin Management.
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The media company plans to relocate from the Watergate complex to 35K SF at The Wharf in 2022.
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The man who led WeWork into a disastrous IPO attempt in 2019 apparently also played a part in the coworking company's more recent attempt to go public.
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With job openings near record highs and labor participation dropping, the lower-paying jobs that underpin the economy are in crisis, Barry Sternlicht said.
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The latest suitor for Monmouth is an industrial REIT willing to pay $4B.
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Raoul Thomas' firm is already facing a foreclosure action at another Coral Gables building it owns.
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The 25-property portfolio is predominantly in Texas.
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Pokémon card manufacturer Millennium Print Group has leased 1.3M SF in Morrisville within Spark LS.
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