Real estate transactions

5300 BW8 Ltd., an entity of Tanglewood Property Group, has purchased Beltway 8 Corporate Centre I, a 103,000 square-foot, building at 5300 N. Sam Houston Parkway West from SL Beltway 8 LP, an entity of Stonelake Capital Partners. 431 Airtex LLC, an entity of Molto Realty, has purchased Armadillo Marketplace, a 237,000 square-foot distribution center at 431 East Airtex Drive, from Games & Things. CBRE and owner Principal Real Estate Investors announced a $5 million renovation, including landscaping, upgrades to the interior and exterior graphics, work on the parking garages, a new fitness center and a remodeling of the lobby, common areas and rest rooms. Mitsubishi Heavy Industries America, a company that makes engineering, electrical and mechanical equipment, has leased 12,000 square feet and will relocate from Austin. RealEC Technologies, a supplier of software in the real estate mortgage industry, is relocating from the Westchase District and will be leasing 38,000 square feet. The building was previously owned by Koch Industries, which converted it to office space for its regional headquarters in 2002. The first phase consists of a 321,000-square-foot building with 214,000 square feet of raised floor space, 43,000 square feet of office space and up to 48 megawatts of critical power load. Designed by Kirksey Architecture, the project will contain 428,000 square feet of raised-floor space; 86,000 square feet of office space; and up to 96 megawatts of critical load when completed. CyraCom, a Tucson-based interpreter and translation services provider, announced the opening of a 62,000-square-foot contact center at 5959 Corporate Drive.

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Zuckerberg says Meta's Llama 3 is really good but no chatbot is sophisticated enough to be an 'existential' threat — yet
Business Insider, Thursday - 04/18/2024 - 10:56 PM
Mark Zuckerberg announced the launch of Meta's latest generation of its Llama model on Thursday. STR/JIJI Press/AFP via Getty ImagesMeta launched the latest iteration of its chatbot, Llama 3, on Thursday. Mark Zuckerberg said the chatbot is "state-of-the-art" and has improved reasoning. However, no model, including Meta's, poses "existential risks," he told The Verge.
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Israel strikes Iran, according to multiple reports
Business Insider, Thursday - 04/18/2024 - 10:46 PM
Iranians are waving Iranian flags and a Palestinian flag while one of them is holding a portrait of Qassem Soleimani, the former commander of the Islamic Revolutionary Guard Corps' (IRGC) Quds Force, in celebration of Iran's IRGC UAV and missile attack against Israel, in downtown Tehran, Iran, on April 14, 2024.
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I raised my son in Germany until he was 6. Now, we're back in the US, and my family is going through reverse culture shock.
Business Insider, Thursday - 04/18/2024 - 08:14 PM
Liz Humphreys and her family are going through reverse culture shock after returning to New York from Berlin. JF GrossenLiz Humphreys moved to Europe with her husband and raised her son in Berlin until he was 6. After moving back to New York, she was surprised by all of the rules surrounding kids.
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Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
Business Insider, Thursday - 04/18/2024 - 06:45 PM
Tesla CEO Elon Musk weighed in on the severance offered to laid-off staff earlier in the week. Antonio Masiello/Getty ImagesTesla sent notices canceling some separation agreements, according to two laid-off employees and a notification seen by Business Insider. Elon Musk previously stated some severance packages were "incorrectly low."The cancellations came after some workers received severance offers for two months of pay.
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12 jurors — including 3 finance guys and a woman whose friend is a convicted fraudster — have been chosen for Trump'
Business Insider, Thursday - 04/18/2024 - 06:23 PM
In this courtroom sketch, former President Donald Trump smiles to the jury pool as he is introduced to them at the beginning of his New York criminal trial on April 15, 2024. Jane Rosenberg/Pool Photo via APSeven men and five women have been selected as jurors for Donald Trump's criminal trial.
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Kyle MacLachlan's first-ever film role was a spectacular flop. He got the last laugh.
Business Insider, Thursday - 04/18/2024 - 06:12 PM
Prime Video, Showtime, Universal, ABC Photo Archives Disney General Entertainment Content/Getty, Pascal Le Segretain/Getty,From Jeffrey Beaumont in "Blue Velvet" to Agent Dale Cooper in "Twin Peaks," Kyle MacLachlan spent his early career playing boyish heroes who are drawn into worlds that are much darker and stranger than they appear. The contours of that darkness weren't always appreciated at the time.
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