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NEW YORK CITY—Noted developer and philanthropist Bernard Spitzer, father of former New York Gov. Eliot Spitzer, passed away Saturday at his home in Manhattan.
NEW CASTLE, DE—Wilmington University has acquired 41 acres of land on U.S. Route 202 and Beaver Valley Road for a new campus in Brandywine Hundred here.
COLUMBIA, MD—W.R. Grace & Co. officials say that its move to its new 90,000-square-foot global headquarters here is part of its $100-million planned capital investment in its Columbia and Baltimore facilities in the next three years.
ATLANTA—Orlando, FL-based Parkway Properties, Inc. reports it has agreed to acquire the One Buckhead Plaza office building here for a gross purchase price of $157 million.
JACKSONVILLE, FL—Lingerfelt CommonWealth Partners has acquired the 28-story Riverplace Tower office building here from longtime owner Gate Riverplace Co.
NEW YORK CITY—An affiliate of Lightstone has secured a $120-million construction loan for its 12-story multifamily project in the Gowanus section of Brooklyn.
PHILADELPHIA—The Eastern Tower Community Center mixed-use tower project in Chinatown has been awarded a $3.7-million grant from the State of Pennsylvania.