Portfolio Investment Activity 

Acquisition:
Blanchard Plaza, Seattle, WA
Purchase of 255,818 sf office= $121 million

Disposition:
Ritchie Station, Capitol Heights, MD
Sale of 107,832 sf of retail development = $34 million
 

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BIT News

BIT Breaks Ground at T3 Minneapolis, MN
BIT Hosts Worker Appreciation at National Square Workers thanked for their commitment to excellence at DC project.
BIT Hosts Worker Appreciation Luncheon Union Workers at Playhouse Plaza Thanked for their Commitment to Excellence

Commercial Real-Estate News

Hong Kong Property Developer Invests in Co-Working Space Company NeueHouse Hong Kong property company Great Eagle recently invested $25 million in NeueHouse, a New York-based provider of upscale co-working space. Its plan is to open a number of co-working spaces adjacent to Great Eagle’s new lifestyle hotel brand.
Wed, 26 Aug 2015 01:10:42 EDT

TIAA-CREF, Swedish Pension Funds Form Property Venture U.S. investor TIAA-CREF and Swedish National Pension Funds AP1 and AP2 have teamed up on European office investments.
Wed, 26 Aug 2015 00:01:02 EDT