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BOSTON—The greater Boston office market is entering 2015 on a very high note with vacancies falling in all markets and intense investment activity, including a number of significant recapitalization deals, according to brokerage firm Avison Young.
TRENTON, NJ—High-ranking members of the New Jersey Legislature say that a vote will come in an attempt to override Gov. Chris Christie's veto of legislation geared at instituting financial, administrative and ethical reforms as the Port Authority of New York & New Jersey.
BALTIMORE—The H&S Bakery distribution center in Fells Point is to be redeveloped into a mixed-use, mid-rise project that will feature office and retail space.
PERRYVILLE, MD—Officials with the Hollywood Casino Perryville, once Maryland's only casino, say they will eliminate more than 300 slot machines, bring new slots to the facility as part of a host of planned upgrades at the property that first opened in 2010.
BRIDGEPORT, CT—Two new lease transactions and one renewal totaling 53,352 square feet have been signed at the Hampshire Cos.' 1000 Lafayette Blvd. office building here.
WASHINGTON, DC—The Gray administration has selected a joint venture of Redbrick LMD and Gragg Cardona Partners to redevelop approximately 1.6 million-square feet of land at the St. Elizabeths East campus.
ORLANDO, FL—The SYGMA Network, a subsidiary of food service marketer and manufacturer Sysco Corp., has renewed leases totaling 169,000 square feet at two industrial buildings here.
SLEEPY HOLLOW, NY—General Motors has sold its 96-acre former minivan assembly plant property here for approximately $39.5 million. The deal puts the long-delayed redevelopment of the property that will include nearly 1,200 residences at full build-out finally on the front burner.