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February 8, 2022

Does Amazon’s Secretive Industrial Deal-Maker Have Grander Ambitions?

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As Amazon has built up the largest portfolio of industrial real estate of any company in the U.S. over the past few years, it has had a silent partner negotiating deals for it every step of the way: Seattle-based real estate services firm KBC Advisors.

But KBC, which was founded in 2016, is no longer just a handful of deal-makers working out of a WeWork near Amazon’s South Lake Union headquarters, quietly tasked with growing the e-commerce giant's distribution network. The secretive firm has hired scores of high-level real estate professionals across the country, signaling that its ambitions are to become something much greater than just Amazon’s broker of choice.

Does Amazon’s Secretive Industrial Deal-Maker Have Grander Ambitions?

Five years ago, KBC had a headcount of roughly a dozen people based in one city, but today it has more than 130 employees. It has hired more than 115 people since the start of 2019 alone, according to a Bisnow analysis of employee LinkedIn pages. It opened offices in…

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L3 Lands $56M Loan For Spec Office, Retail Project On Newbury Street

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A rare undeveloped lot along Boston's famed Newbury Street shopping corridor will soon be turned into an office and retail building. L3 Capital secured a $56M construction loan and plans to break ground speculatively this month on a 43,500 SF mixed-use development at 149 Newbury…

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Millennium Partners Lands 115K SF Deal For First Winthrop Center Tenant

Millennium Partners Lands 115K SF Deal For First Winthrop Center Tenant  

The under-construction Winthrop Center project, set to become Boston's fourth-tallest building, has landed its first office tenant.  MP Boston, the local arm of development firm Millennium Partners, announced Thursday it signed investment firm Cambridge Associates…

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All Eyes Are On The Super Bowl. The Future Of The SoFi Stadium Complex Is The Real Game-Changer

As the Super Bowl prepares to touch down in Los Angeles this weekend, all eyes are on the host venue: the newly built, $5B SoFi Stadium in Inglewood.

Boosters who campaigned for the stadium to host the game estimate that it will generate hundreds of millions of dollars in spending in LA County, a figure that might fluctuate further now that the Los Angeles Rams will be part of the action.

While the true economic impact of the game remains to be seen, the Super Bowl is just an appetizer for the potential game-changer that is Hollywood Park, the nearly 300-acre mixed-use development rising up next to the NFL stadium, experts tell Bisnow.

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SURVEY: Will The Metaverse Reshape Commercial Real Estate?

SURVEY: Will The Metaverse Reshape Commercial Real Estate?  

They say you can’t escape reality, but lately, that seems more true about virtual reality. The metaverse is dominating headlines and could soon play a major role in the economy — Goldman Sachs and Morgan Stanley both reported they see $8T worth of opportunity in the space.…

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