Commercial and multifamily starts in the NY-NJ region totaled $30.9 billion in 2019. However, the New York metro region's rate of growth eased in 2019 to 5% from a 13% gain in 2018, according to the report.

The letter of intent filed on Friday on behalf an affiliate of Peebles Corp. is in connection with Air Rights Parcel 13 located on the northeast corner of the intersection of Massachusetts Avenue and Boylston Street.

Radnor Property Group announced last week it had officially started construction on the second phase of the $175-million, 500,000-square-foot The Hamilton, which is located steps from the Community College of Philadelphia's main campus.

Spruce Capital secured $102 million in Fannie Mae financing that was arranged by Newmark Knight Frank in connection with the purchase.

The reforms include the creation of an independent inspector general to oversee the EDA, a chief compliance officer within the authority, the annual recertification of awards with additional penalties for violations, and the Senate's advice and consent on the appointment of top EDA officials.

Cushman & Wakefield continues to market the remaining approximately 845,000 square feet at the 230-acre site, which represents one of the largest blocks of available modern warehouse space in the New Jersey and Northern Pennsylvania markets.

The building was previously AT&T's corporate office and is currently partially leased to a number of office tenants.

Vynamic, in addition to its Philadelphia headquarters at 1600 Arch St., also has locations in Boston and London.