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World'' s largest music, home entertainment place concerning Las Vegas Strip

LAS VEGAS (FOX5) –

The Sands Corporation and Madison Square Garden Business are joining forces to bring a next-generation home entertainment venue to the Las Vegas Strip.

The 2 companies announced they are working together, together with other partners, on a 400,000 square-foot website that will be the world’s largest location developed specifically for music and home entertainment.

“Through our experience with the Forum, we’ve realized that there’s a real need for places that focus particularly on music and entertainment,’ stated James Dolan, Executive Chairman of The Madison Square Garden Business.

When ended up, the venue will be found on Sands Avenue, in between Manhattan Street and Koval Lane, with direct access to the Venetian and Palazzo hotel-casinos.

This entertainment center will also feature 17,500 seats which will deal with the front of the phase with scalable seating capabilities for a variety of shows.

“At a time when substantial conversations are happening about the city’s future tourist requirements, a cutting edge location developed, developed and specifically committed to bringing the world’s biggest musical and entertainment acts to Las Vegas is the kind of advancement we should all be thrilled about,” said Sheldon G. Adelson, Las Vegas Sands Chairman and CEO.

The structure will have remarkable acoustics with cutting edge technology that will be used throughout an efficiency. This mix will develop a space capable of delivering new and innovative experiences for both artists and fans, according to designers.

“Las Vegas is understood for many things, but previously its home entertainment choices did not include a state-of-the-art, large-scale destination developed specifically for significant shows,” said Irving Azoff, Chairman and CEO of Azoff MSG Entertainment.

Sands and MSG are dealing with Azoff, Live Nation Entertainment and Oak View Group on this project. All involved stated this place will be a premier destination for individuals worldwide who wish to see today’s best performances and events.

“This new location will pioneer the next generation of fan experiences and content development, and raise the bar for innovative branding chances,’ stated Tim Leiweke, CEO of Oak View Group.

The business involved did not right away release an official opening date for the project.

Stay with FOX5 for further updates on this story.

Copyright 2017 KVVU (KVVU Broadcasting Corporation). All rights scheduled.

Office Lease Up (October 16) Dropbox Signs Largest Office Lease in San Francisco History

Wrap-Up of Largest Reported Workplace Leases Include Deals by New York City Dept. of Examination, EDC, Jazz Pharmaceuticals and more

Dropbox has signed a lease for 100 % of the workplace in Kilroy Realty Corp.’s The Exchange on 16th project in an offer that represents the largest single office lease ever checked in San Francisco.

The file hosting service and leading worldwide cooperation platform agreed to a 15-year lease for 736,000 square feet within the 751,242-square-foot, four-building task currently under advancement along the 16th St. corridor in San Francisco’s Mission Bay area. Dropbox will expand into its new space in three phases to begin in the fourth quarter of 2018 and conclude in the 4th quarter of 2019.

Created by Rios Clementi Hale Studios, the LEED Platinum-seeking advancement will consist of 4 interconnected structures, comprised of 2 six-story and two 12-story buildings, with a selection of on-site features to include collaborative outdoor spaces, two public lobbies, rooftop gardens and a lobby bike medspa, in addition to 14,400 square feet of street-level retail space currently readily available for lease. The Exchange is slated to deliver adjacent to I-280 near Muni’s T-Line at 1800 Owens St. in mid-2018.

Costs Cumbelich and Mark Geisreiter of CBRE’s San Francisco workplace, together with Sherman Chan of CBRE’s San Jose office, represented KRC in settlements at The Exchange on 16th. By Bryce Meyers

New York City Dept of Investigation Leases 276,000 SF at Continental Center

The New york city City Department of Investigation signed a 20-year office lease for 276,221 square feet in the office complex

located at 180 Maiden Ln. in New York City. Located on the East River in lower Manhattan, the 41-story Continental Center amounts to approximately 1.2 million square feet in the City’s Financial District submarket. The government firm will occupy the 16th and 24th floorings of the home.

Tara Starcom, Robert Lowe, Justin Royce and Frank Cento of Cushman & & Wakefield, as well as Jesse Rubens, Richard Doolittle and James Tamborlane of MHP Realty Services represented the proprietor. The occupant handled lease negotiations internal. By Alex Ern

EDC Leases 218,000 SF at One Liberty Plz

Economic Development Corporation (EDC), a non-profit corporation that promotes economic development throughout New york city City’s 5 districts, signed a 20-year lease for 218,486 square feet in the office complex at One Liberty Plaza in New york city City.

Previously called the Merrill Lynch & & U.S. Steel Building, the residential or commercial property is 54 stories and totals 2.3 million square feet. EDC’s 20-year lease consists of the whole 10th through 13th floorings of the building. For more than a year, the agency was in search of a new head office space from their present location at 110 William Street.

Neil Goldmacher, Chris Mongeluzo and Howard Kesseler of Newmark Knight Frank (NKF) represented EDC. NKF’s Hal Stein, Peter Shimkin, Nick Berger and David Falk represented the landlord together with in-house brokers Duncan McCuaig, Mikael Nahmias and David McBride with Brookfield Office Characteristic, Inc. By Andrea Quach

Jazz Pharmaceuticals, Stanford University Make Music As soon as Again in Palo Alto

Jazz Pharmaceuticals (NYSE: JAZZ )made a little sound in Palo Alto after the Ireland-based biopharmaceutical company signed a lease with Stanford University to fully inhabit a planned 99,415-square-foot office job set to begin later on this year at 3181 Porter Dr.

Jazz, which consented to a 12-year term with 2 five-year renewal options, is tentatively arranged to take tenancy by the end of 2019.

Mike Connor, David Hiebert and Ben Paul of Cushman & & Wakefield negotiated the lease on behalf of Stanford University, while George Fox of CBRE brokered the deal for Jazz Pharmaceuticals. By Bryce Meyers

PNC Bank Restores 89,000-SF Lease in East Brunswick

PNC Financial Services renewed its lease for 88,914 square feet in 2 Tower Center Blvd. in East Brunswick, NJ.

The 24-story, 404,000-square-foot office building was integrated in 1988 and features a seven-story parking garage, a conference center, health club and a complete snack bar.

Jeremy Neuer of CBRE represented the renter. David Simson of Newmark Knight Frank represented the property manager. By Jordan Schott

Morrison & & Foerster Commits to Akridge’s 2100 L Redevelopment

Akridge, in a joint endeavor with Corporate Office Properties Trust (NYSE: OFC)and the Argus Group, secured its very first tenant at the endeavor’s 2100 L St. job slated to break ground next year near the West End in downtown Washington, D.C.

Morrison & & Foerster LLP consented to a 15-year offer for 81,300 square feet across the leading four floorings of the proposed 10-story, 190,000-square-foot prize office building. The leading worldwide law firm from San Francisco will move its D.C. offices after nearly Twenty Years at 2000 Pennsylvania Ave. NW to its expanded area in the very first quarter of 2021. Malcolm Marshall III and Audrey Cramer of Cushman & Wakefield represented Morrison & Foerster in settlements. Ben Meisel, Wil Pace, Tim McCarty and McKay & Elliott of Akridge are specifically marketing 2100 L St. NW on behalf of ownership. By Randetta Johnson API Signs First Office Lease at 2.2 Million-SF Capitol Crossing Task in Capitol Hill American Petroleum Institute(API)has< a href= "http://gateway.costar.com/home/news/183422?market=40"target

=”_ blank “> consented to open a brand-new workplace at Home Group Partners’2.2 million-square-foot Capitol Crossing development in downtown Washington, D.C. in a deal that marks the very first workplace lease signed at the massive Capitol Hill workplace and retail job. The biggest trade association for the oil and gas industry, API will occupy 74,182 square feet across the leading two floorings at

200 Massachusetts Ave., a 425,420-square-foot, 12-story office building being developed as part of stage among Capitol Crossing. Greg Lubar and Chris Bynum of JLL worked out the lease for API, while Art Santry, Laurie McMahon, Bruce Pascal and Ned

Goodwin of Cushman & Wakefield brokered the offer for Residential or commercial property Group Partners/Capitol Crossing. By Bryce Meyers Very first People Bank Signs 53,000-SF Lease at Pillars II First Citizens Bank has signed a lease for 53,214 square

feet across the top two floors of the Pillars II structure situated at 8510 Colonnade Center Dr. in Raleigh, NC. The largest family-controlled bank in the United States and a banking subsidiary of $31 billion monetary holding business First Citizens BancShares( NASDAQ: FCNCA ), First People Bank will totally occupy the 4th and 5th floorings of the five-story, 126,926-square-foot Pillars II structure, which delivered in 2008 minutes from I-580 in the 6 Forks Falls of Neuse submarket. Dennis Hurley, SIOR and Hillman Duncan, CCIM, SIOR of Cushman

& Wakefield dealt with worked out on behalf of homeowner, Realty & Value Advisors. By Brennan West Noveome Biotherapeutics Indications Long Term Lease Growth Noveome Biotherapeutics protected a long-term lease growth and extension for its head office at 100 Technology Dr. in Pittsburgh, PA. The extension includes 28,400 square feet of office in the 153,110-square-foot Bridgeside Point I office building in

the Parkway East Passage submarket. Alexa Jennings and Nick Jacobs of JLL assisted in the direct lease agreement on behalf of the occupant. By Peter Jaquez Markel Providers

Signs 10-Year Lease Extension at 1185 Sixth International financial investment and insurance holdings firm Markel Services has extended its 27,505-square-foot lease, spanning the entire 8th floor of 1185 Avenue of the Americas in New York City, for 10 more years. SL Green Realty Corp. owns the 42-story, 1.11 million-square-foot, 4-Star workplace tower. It was integrated in 1972 on one acre in the Times Square submarket of Midtown Manhattan, in between 46th and 47th Streets. William Golden of Cushman & Wakefield represented Markel Provider in lease settlements. Howard Tenenbaum and Gary Rosen with SL Green represented the property manager in-house. By Diana Bell Grant Thornton Leases 26,000 SF in Orange County Grant Thornton, a leading worldwide independent audit, tax and advisory company, signed a seven-year lease for 26,319 square feet in the office complex

at 4695 MacArthur Court in Newport Beach, CA. The 16-story office building is owned by the Irvine Company and totals 303,853 square feet. Grant Thornton’s lease consists of the entire 16th floor and part of the 15th flooring at the MacArthur Court Stage 2 Office complex. Cushman & Wakefield’s Dan Fisk and Chon Kantikovit represented the occupant. The property manager dealt with the deal in-house. By Allan Harrington FUDA Int ‘l Restores 19,000-SF Workplace Lease at 525 Seventh FuDa International, a fashion wholesale supplier,

renewed its lease for 19,119 square feet in the office building at 525 Seventh Ave. in New york city City. The 24-story structure overalls 463,818 square feet and was built in 1925. The residential or commercial property is currently owned by Olmstead properties. Marc Schoen and Brian Neugeboren with The Schoen Group represented FuDa. Steven Marvin of Olmstead Residence acted upon behalf of ownership in-house. By Eric Samuels Kleuver & Platt to Open Office in Crain’s Interaction Bldg. Chicago law firm Kleuver & Platt has signed a lease to completely inhabit the 26th floor of the Crain’s Communications Building in Chicago’s East Loop. The 661,477-square-foot, 41-story workplace tower at 150 N. Michigan

Ave. is anchored by Crain Communications and also houses workplaces for Jackson Lewis LLP, ACLU of Illinois and Punchkick Interactive. Kleuver & Platt will occupy its

18,744-square-foot space by the end of November. Cushman & Wakefield’s Matthew Lerner and Mark Baby represented the owner, while Daniel Arends of Colliers International represented the occupant. By Bradford Hussey GameChanger Media Relocating to 44 Wall Street GameChanger Media, Inc., the developer of a scorekeeping app for youth sports groups, has signed a new lease for 16,906 square

feet of office at 44 Wall St. in New york city City. A subsidiary of DICK’S Sporting Product, the technology business will make the move from its existing space at 86 Chambers St. later this month when it takes the whole 11th flooring of its new digs on Wall Street. Haley Fisher and Mitch Arkin of Cushman & Wakefield represented GameChanger in

the lease transaction. By Diana Bell Swiss Electronic devices Maker Takes 15,926 SF at Woodfield Corporate Center One of Europe’s largest semiconductor chip maker has signed a lease to open a new workplace within the Woodfield Corporate Center in Schaumburg, IL. STMicroelectronics

, an international electronics and semiconductor producer locateded in Geneva

, Switzerland, inked a seven-year offer for 15,926 square feet at 200 N. Martingale Rd., a 242,492-square-foot, 12-story office complex situated along I-290 simply south of

the Woodfield Shopping center. The business is anticipated to take occupancy in the very first quarter of 2018. Jordan Rovito of Cushman & Wakefield represented STMicroelectronics in negotiations, while Jack Reardon and Jason Wurtz of NAI Hiffman represented the homeowner, Sperry Commercial. By Yanique Campbell

Facebook Takes 436,000 SF in San Francisco'' s Largest Workplace Lease Considering that 2014

Social network Giant Moving Instagram App Unit into New Building Under Building by Jay Paul at 181 Fremont

Facebook, Inc. has rented all 436,000 square feet of workplace at developer Jay Paul’s 181 Fremont St., a 70-story workplace tower under building in downtown San Francisco throughout from the Transbay Transit Center.

The social media giant rented the space for about $80 per square foot and will occupy the entire workplace part of the 802-foot-tall structure, situated less than a block from Salesforce Tower, the city’s tallest skyscraper.

The lease, which was initially reported by the San Francisco Organisation Times, is Facebook’s first major lease in San Francisco and can accommodate as much as 3,000 staff members. The Menlo Park, CA-based business has scouted the mSan Francisco market for a number of years searching for a location to assist reduce commutes for staff members who reside in the city.

Facebook’s Instagram picture app department will initially to move into the structure, slated for conclusion by the end of this year. Last month the business exposed plans for a corporate school in the 56-acre Menlo Science & & Technology Park near its current head office, which it acquired in 2015.

JLL’s Zé Figueirinhas represented Facebook in the deal while Karl Baldauf and Lauren Whitlock of Newmark Cornish & & Carey represented the designer Jay Paul.

Licensed Research study Expert Eric Kies added to this report.

Group RMC Purchases Corporate Woods in Largest Deal in KC Metro This Year

Company’s Acquisition of 2.2 Million-SF Office Park in Overland Park Boosts Location Holdings to More Than 3 Million

Group RMC Corp., a New york city-and Montreal-based co-investment group that supervises more than nine million square feet of business space valued at roughly $1 billion, made its 2nd ever investment in the Kansas City market count with the purchase of Business Woods, a 2.2 million-square-foot, 29-building workplace park located in Overland Park, KS.

Kansas City’s premier office park, Corporate Woods is found on 300 acres in the southeast quadrant of the I-435/ U.S. Path 69 interchange in south Kansas City’s College Blvd. submarket.

Group RMC got the park from Stoltz Property Partners, a property fund supervisor based from rural Philadelphia that purchased the portfolio more than decade ago from New york city State Educators’ Retirement. The acquisition consists of 21 structures and The Shops at Corporate Woods retail center – the other 7 structures, consisting of a DoubleTree Hotel, are separately owned.

The acquisition is the largest in the Kansas City urbane this year and the biggest because Taubman Centers and The Macerich Co. collaborated in early 2016 to get the Country Club Plaza in Kansas City for $660 million.

Group RMC made its entry into the Kansas City market last year with the firm’s acquisition of a seven-property office portfolio, likewise in Overland Park, from Colony Realty Partners for $94 million. The two acquisitions give the firm ownership of more than three million square feet in the Kansas City suburb.

Block Property Services acted as a consultant in the transaction and has actually been kept to supply unique leasing and property management obligations on behalf of the brand-new owner.

For additional information on the deal, please see CoStar Compensation # 3976035.

Blackstone Regains Top Position as World'' s Largest Realty Asset Supervisor

20% Increase In 2015 in Overall International Worth of Managed Property Assets to $2.7 Trillion Underscores Unsated Financier Hunger for Real Estate

Blackstone Group LP edged out Brookfield Possession Management Inc. to recover its position as the world’s biggest property possession supervisor as the total value of global real estate possessions under management reached $2.7 trillion (Euro 2.4 trillion) in 2016, up more than 20% from the previous year, according an annual joint report by 3 real estate financial investment management companies.

Property possessions under management (AUM) in 2015 exceeded $161.5 billion United States for Blackstone, compared to $158.5 billion for Brookfield and $139.3 billion for PGIM, Inc., the property management arm of insurance provider Prudential Financial, inning accordance with this year’s Fund Supervisor Survey by the Asian Association for Financiers in Non-Listed Real Estate Vehicles (ANREV), the European Association for Investors in Non-Listed Realty Cars (INREV) and the National Council for Real Estate Fiduciaries (NCREIF).

The survey even more revealed a nearly 15% boost in AUM amongst the top 50 international realty fund supervisors, to $46 billion.

“The size of the property pie is plainly continuing to grow with non-listed cars staying a dominant part of that expansion,” INREV research study director Henri Vuong said. The study also echoes financiers’ mentioned cravings for higher allotments to real estate overall. It seems there’s plenty of dry powder waiting to be released.”

Blackstone, which collected huge amounts of capital from pension funds, insurance provider and other organizations, amazed numerous observers with its entry into the controversial non-traded REIT area last fall. The private-equity behemoth likewise doubled down on the single-family rental market, re-entered the logistics market with the $1.4 billion purchase of 101 properties LBA Realty and made significant financial investments in elders real estate and basically anything else industrial real estate.

Toronto-based Brookfield directly held the top area in the 2015 and 2016 surveys. Amongst its transactions in 2015 was the purchase of 135 manufactured housing neighborhoods from NorthStar Realty Finance Corp. for $2 billion.

PGIM, previously Prudential Financial investment Management, jumped from ninth in the fund manager survey in 2015 to 3rd place last year. PGIM Realty, the fund’s realty arm, completed more than $12 billion in 220 deals worldwide on behalf of investors in 2016, including about $8 billion in the United States, consisting of financial investments in realty debt and equity and home personalities.

Principle Real Estate Investors and Hines signed up with the top 10 global fund supervisors by total AUM, displacing LaSalle Financial investment Management and Invesco.

GSA Indications Largest Workplace Lease in D.C. YTD with 839,000-SF Offer at Constitution Square in NoMa

StonebridgeCarras Lands DoJ to 15-Year Workplace Lease at 175 N St., Planned 489,000-SF Build-To-Suit at 150 M St.

The General Services Administration (GSA) signed the largest workplace lease in Washington, D.C. this year, selecting StonebridgeCarras for a 15-year lease award that will bring the united state Dept. of Justice to the Constitution Square development in Northeast Washington, D.C.

. The DoJ will nearly double its presence in the NoMa location, leasing both the existing Three Constitution Square, a 350,000-square-foot, 12-story office building completed in early 2014 at 175 N St. NE; and 4 Constitution Square, a 489,000-square-foot, 11-story build-to-suit slated to begin next year at 150 M St. NE.

The company, which will consolidate operations presently located at 600 E St. NW, 1425 New york city Ave. NW, 601 D St. NW, and 1331 Pennsylvania Ave. NW, is planning a phased move-in start in late 2016 to Three Constitution Square and continuing into the connected Four Constitution Square building following its completion in late 2018.

3 and 4 Constitution Square are the conclusion of an ambitious 2.6 million-square-foot mixed-use development by Bethesda, MD-based StonebridgeCarras and Chicago-based equity partner Walton Street Capital. The DoJ is among the advancement’s initial occupants, preleasing Two Constitution Square, a 589,088-square-foot, 12-story office building and the very first phase of the development, in 2008.

In addition to being the biggest office lease signed in the District this year, the DoJ’s brand-new deal signs up as the largest signed in the marketplace considering that the GSA leased up the 1.3 million-square-foot 1200 New Jersey Ave. workplace structure in Southeast D.C. on behalf of the Department of Transportation in 2002.

Henry Chapman and Sara Dunston of CBRE represented GSA in the lease arrangements, while Darian LeBlanc of Cushman & & Wakefield’s government services group represented StonebridgeCarras.

Fire ruins '' world ' s largest biker bar''.

Fire engulfed Full Throttle Saloon in Sturgis, SD, the home of a longrunning and world-famous motorcycle rally. (Source: Sturgis Volunteer Fire Department)Fire engulfed Complete Throttle Saloon in Sturgis, SD, the home of a longrunning and world-famous motorcycle rally. (Source: Sturgis Volunteer Fire Department).

STURGIS, SD (RNN) – A popular bicycle rider bar in a city that draws hundreds of thousands to a yearly bike rally burned to the ground early Tuesday morning.

Full Throttle Saloon, which had dubbed itself the “world’s biggest biker bar,” was destroyed after a fire that began after midnight. The bar was the topic of its own fact TV serieson truTV and was huge enough to have several phases and rental cabins.

Sturgis Assistant Fire Chief Shawn Barrows informed the Argus Leaderintense heat and smoke avoided firemens from getting inside. They battled the fire from outside, however the structure was razed within 3 hours.

Someone inside the building left, and there were no injuries.

The 75th Sturgis Motorbike Rally finished up Aug. 14. Sturgis Authorities Chief Jim Bush stated this year’s rally may have been the greatest in history.

The event drew a record 633,000 people in 2000, and projected participation this year was expected to far go beyond that.

Copyright 2015 Raycom News Network. All rights reserved.

Largest Zumba class record broken in Philippines

Thousands collected in the streets of Mandaluyon, Philippines to break the Guinness World Record for the world’s largest Zumba class.

Participants danced to the loud, up-beat music of the dance-fitness workout regime using matching bright-yellow Zumba t-shirts.

With a participation of 12,975, the small metro city of Manila effectively beat the previous record of 8,232 held by another city in the Philippines, Cebu City.

Guinness World Records authorities existed to record the occasion and in the end, offered the official announcement of the city’s achievement.

Contact Ron Paul Gavino at rgavino@reviewjournal.com!.?.!. Discover him on Twitter: @rp_gavino.