Biogen (BIIB) Adaptive Stock Forecast & Balanced News

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STAT+: Amid Aduhelm woes, Biogen moves to pare back office space

Biogen is looking to sublease more than 183,000 square feet at 300 Binney St. in Cambridge — across the street from its headquarters — and is also subleasing two floors, or 80,000 square feet, at one of its two properties at 133 Boston Pond Road in Weston.
— (STAT) (August 10)   (Pocket)

Small-Space Cookware For Dorms And Small Kitchens

Despite being a couple decades removed from dorm life, I have plenty of experience with tiny kitchens. Up until a year ago, I spent my entire adult life in homes with footprints smaller than 350 square feet, making any amount of kitchen space an absolute luxury. As someone who loves to cook, finding small space solutions was key, and luckily, there are ways to make a small (or non-existent) cooking space more manageable, even if all you’re dealing with is a dorm-room countertop or common area.
— (Huffington Post) (August 13)   (Pocket)

BlackRock Opening "Snowbird" Office In West Palm Beach

BlackRock Opening "Snowbird" Office In West Palm Beach The world's largest money management company is uprooting a portion of its Midtown Manhattan-based business to new offices in South Florida as the "Wall Street South" movement gains momentum. BlackRock Inc.'s Rick Rieder, head of fixed income, who oversees 20% of the firm's assets, or about $1.7 trillion, is expected to begin operations shortly from a new West Palm Beach office, according toWSJ, citing people familiar with the matter. According to BlackRock, about 35 other employees will start working at the new office in 1Q23. The people familiar with the matter said more employees from the Manhattan office could transition to Florida in the future.
— (ZeroHedge Opinion) (August 9)   (Pocket)

Retailers Seeking More Warehouse Space to Stow Excess Inventory

Prologis Inc., the world’s biggest owner of warehouses by square footage, said in a recent market analysis that it expects an additional 800 million square feet of warehouse space to be needed beyond earlier projections to handle the excess inventories, about 300 million square feet of which has already been leased by tenants.
— (The Wall Street Journal) (August 2)   (Pocket)