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Life Time Fitness Ventures Into Coworking Office Space with “Life Time Work”

JDS Development Group and Life Time Group Holdings, Inc, may be ushering in a new future for office spaces in the “post-COVID” world. The wellness chain Life Time has struck a deal with JDS Development to bring Life Time and Life Time Work coworking spaces to Downtown Brooklyn’s Brooklyn Tower. The deal brings a fewContinue reading “Life Time Fitness Ventures Into Coworking Office Space with “Life Time Work””

Private Equity Giant Blackstone Acquires Industrial REIT PS Business Parks

The number of major players in the industrial real estate world just got a little smaller. Private equity giant Blackstone just announced plans to buy commercial real estate REIT PS Business Parks Inc. in a cash deal totaling $7.6 billion. The agreed upon price is roughly a 15% premium over PS Business Parks’ average shareContinue reading “Private Equity Giant Blackstone Acquires Industrial REIT PS Business Parks”