Diageo, which is headquartered in London, is investing $31 million in its new space at 3 World Trade Center and is eligible for up to $6.6 million in incentives via performance-based Excelsior Tax Credits from New York State Economic Development Corp.

Located in the southeast area of the UNCW campus, the development's first phase is scheduled to service students for the Fall 2020 semester and will deliver 1,038 beds in a pod-style configuration for first-year students.

Gunston Commerce Center, a nine-building complex anchored by the GSA and other government contractors, was sold by I-95 Business Parks Management, which hired Avison Young last year to market the best-in-class industrial/flex business park for sale.

The disposition of 55 Walkers Brook Drive follows a capital improvement plan implemented by Philadelphia-based Rubenstein and Nordblom of Burlington, MA that was focused on modernization and amenitization of the building.

As a capital markets team, Pergola and Doherty have been involved in combined transactions totaling more than $8 billion.

Construction is to begin this month, with substantial completion expected by the fall of 2020.

In a statement released to Globest.com on the deal, GDC stated the company determined “the Bridgeport properties do not align with GDC's strategic focus on development in its primary market, which is Westchester County and the Hudson Valley.”

“After numerous condemnations of multi-family homes in Yonkers due to landlords not providing safe and secure buildings to their tenants, it became very evident that the city needs to hold these landlords more accountable for their negligence,” says Yonkers Mayor Mike Spano.