“We like the Philadelphia market, and in particular the local demand generators in the King of Prussia sub-market,” says David Lifschitz, president and CEO of The Gehr Group.

Somerset Station, which will be located along NJ TRANSIT's Raritan Valley line, will include two apartment buildings totaling 371 units, 156 townhomes in 14 buildings; two parking garages; 4,000 square feet of retail space and a 4,000-square-foot community civic center.

EverWest Real Estate and Accordia Realty Ventures acquired 20 acres of land at 85 Stults Road, along with a 369,000-square-foot building at 83 Stults Road, from Hermann's Services Inc. in 2017.

The lease deal signed with building owner Bridge Development Partners marks Frozen Assets' second Chicago area cold storage facility.

In the latest trade, HFF marketed the property exclusively on behalf of the seller and also worked on behalf of Relative Properties to place the fixed-rate acquisition loan through Freddie Mac.

The development team of Hornrock Properties of Park Ridge, NJ and Livingston, NJ-based BNE Real Estate Group recently held a ribbon cutting for the five-story development located at 1 Harrison Ave.

Marketing of the 236-unit development began just four months ago. The 60% leased milestone came last week as construction on the Harbor 1500's 42,000 square feet of amenities came to a close.

The historic plan was passed with significant bipartisan supermajorities and will investments in roads, bridges, railways, universities, early childhood centers and state facilities like the crime lab and veterans' homes over the next six years. The package of bills also includes new incentives for data center projects.