Blackstone Infrastructure Partners and Blackstone’s non-traded REIT (BREIT) are buying data center operator QTS Realty Trust for $6.7 billion, reports The Wall Street Journal. Vox looks at whether the U.S. is experiencing a housing bubble. These...
Ideas under consideration include art installations in office towers and food courts, outdoor work spaces, after-work events and concierge services.
With the likes of Goldman Sachs and Point72 Asset Management opening outposts in the city, it’s becoming a hot CRE market.
Many developers are hoping rising rents will eventually make up for the higher costs to build new projects.