Brookfield Property Partners LP will build a 41-story, 938,000-square-foot office tower, called City of London, next to Salesforce Tower. The company has secured $129M from Wells Fargo Commercial Real Estate to begin construction.
Raytheon Missile Systems will deliver tube-launched, optically tracked, wireless-guided missiles to US forces and allies under a $129 million contract modification by the Army National Guard. The missiles will be used by the Army, Marine Corps and forces from Morocco and Bahrain.
InvenTrust Properties has acquired the Renaissance Center in Durham, N.C., from CBL & Associates Properties. It paid $129 million for the power retail center, which includes 50,000 square feet of office space.
Samsung has seen strong ROI for its latest Facebook ad campaign, spending $10 million on a three-week campaign that reached 105 million unique users and generated $129 million in sales. "The biggest myth is that Facebook ads don't work," said Facebook global marketing head Carolyn Everson.