WeWork Seeks To Reject Leases In Dupont Circle, Mount Vernon Triangle
The leases are the first two WeWork has sought to reject in the D.C. area since filing for bankruptcy in November.
The leases are the first two WeWork has sought to reject in the D.C. area since filing for bankruptcy in November.
Brookfield owns the 1M SF central portion of the massive Natick Mall, which saw Wegmans close last year and has dozens of other leases expiring.
The fashion company's headquarters is at Brookfield Properties' California Market Center.
Developers delivered 33M SF of speculative industrial product last year, only 29% of which was leased at the end of the first quarter.
Owners plan to tear down up to 500K SF of the mall site to make way for a reimagined mixed-use development.
Northern Virginia has had $3.6B in multifamily sales volume this year, more than double last year's total and well above neighboring D.C. and suburban Maryland.
AccelerateESG, Brookfield’s wide-reaching ESG programme, has a simple goal: to speed up the pace of change through collaboration.
The latest appraisals on EY Plaza and Bank of America Plaza suggest values have dropped more than 60% on both properties.
The owner of the 1.3M SF Sunvalley Shopping Center in Concord has defaulted on its $140M loan, while a mall in San Francisco's urban core heads to auction.
Florida Rock Properties and MRP Realty are proposing nearly 600 residential units across two apartment buildings to round out their Navy Yard waterfront site.
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