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PARSIPPANY, NJ—Brookwood Financial Partners, LLC, which acquired the Morris Corporate Center I and II complex here last month, has retained CBRE Group has the property's exclusive leasing agent and property manager.
ATLANTIC CITY, NJ—Caesars Entertainment, which announced last week it would close the doors to its Showboat Atlantic City Hotel and Casino on Aug. 31, says it would entertain offers to sell the property as a casino.
NEW YORK CITY—Mega deals by BNY Mellon and Time Inc. during the second quarter helped push Manhattan's overall vacancy rate down to 10.6% or 0.5 percentage points lower than the vacancy rate in the first quarter of this year, according to brokerage firm JLL.
STERLING, VA—Home furniture design firm Belfort Furniture is looking to redesign its headquarters complex here with a new mixed-use commercial center and residential housing. The company has said that if its plans are not approved it might expand outside of Loudoun County.
WASHINGTON, DC—The General Services Administration is expected to announce its short list of possible sites for a new headquarters for the Federal Bureau of Investigation.
SOMERVILE, MA—Visitors of Federal Realty's Assembly Row neighborhood here will soon experience a one-of-a-kind retail venue that pays homage to the area's industrial past.
NEW YORK CITY—American Realty Capital Global Trust, Inc. reports that Patrick J. Goulding, a former managing director and global head of portfolio management for Morgan Stanley, has been named chief financial officer of the firm.
JONESVILLE, SC—A non-traded REIT of New York City-based W.P. Carey Inc. has acquired a 515,000-square-foot single-tenant net leased distribution center here and will build a 346,000-square-foot expansion at the property. The total investment in the acquisition and development project is $45 million.
CAMDEN, NJ—The New Jersey Economic Development Authority is poised to approve an incentive package valued at $260 million to Marlton, NJ-based energy firm Holtec, to relocate operations to Camden, NJ.
JERSEY CITY, NJ— Venture capitalist Paul Fireman, chairman of Fireman Capital Partners of Boston, has met with state lawmakers and city officials about a plan to build a 95-story multi-billion dollar casino and hotel here.