Open Factory News Today

It’s safe to say this wasn’t the way office brokers in Los Angeles wanted to start the new year.

The deal is below the value of the debt on the building.

The Santa Monica home of video game developer Activision Blizzard Inc. and prescription drugs savings platform GoodRx Holdings Inc. was purchased by JPMorgan Chase & Co. for about $166 million. The building’s owner, the California State Retirement Systems, originally put the property up for sale in February for $180 million.

The deal closed at approximately $165.5 million, or $745 per square foot, for the 222,000-square-foot Pen Factory property, sources said.

Next week Satinal will be attending Vitrum 2023, the international fair where glass technology comes alive.

There are less than 30 days remaining to participate in The Italian Glass Weeks, the first edition of the event that combines two internationally renowned shows, Vision Milan Glass Week and The Venice Glass Week.

A return trip to England after several years away brings great joy to Anglophile travelers. We realized we have not only dearly missed the people and places we love across the pond, but we also find deeper appreciation for this destination.

A return trip to England after several years away brings great joy to Anglophile travelers. We realized we have not only dearly missed the people and...

Microsoft on Tuesday announced plans to acquire Activision Blizzard in a blockbuster deal worth $97.4 billion.

/PRNewswire/ -- Asias leading dairy producer, Yili Group, held an opening ceremony to celebrate the official launch of the first phase of the Yili Indonesia...