National Commercial Real Estate News From CoStar Group
Investors Re-Open the Spigots to Private Equity Funds
After a very slow start to private equity fundraising in 2013, the funding spigots seemed to open up again last week. Ten sponsoring investment firms reported raising more than $3.5 billion to pump into the recovering commercial real estate markets. That amount is well more than half of what was reported raised in all of the first quarter.
Not surprisingly, Blackstone Group led the way - as the private equity giant has been doing for the past few...
Wayfair.com Moving HQ to Copley Place in Boston
Wayfair.com, one of the largest online retailers of home products and furnishings, signed a lease deal to relocate its corporate headquarters and occupy 105,000 square feet at 4 Copley Place in Boston, MA.
Known as Tower 4, the 203,402-square-foot, Class A office building was constructed in 1984, has seven stories and is on 6.03 acres in the Copley Place office park.
Wayfair.com has experienced tremendous growth over the last 10 years, starting...