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BOCA RATON, FL—Commercial real estate veteran Max Newland has been promoted to managing director at locally-based Kayne Anderson Real Estate Advisors, the real estate private equity arm of Kayne Anderson Capital Advisors.
CORAL SPRINGS, FL—Sutherland Global Services has signed a five-year lease for 14,500-square feet of space at the University Place office building here.
BRANCHBURG, NJ—Cimquest Inc., a firm that represents manufacturers of 3D printers, production systems, and design software, will relocate its corporate headquarters from Bedminster to the Fox Hollow Business Center here.
NEW YORK CITY—The Brooklyn Nets will begin construction this year on the ball club's new Hospital for Special Surgery Training Center and hope to have the complex completed so that it will serve as the team's new practice facility at the start of the 2015-2016 NBA season.
WILMINGTON, DE—After signing the state Fiscal Year 2015 budget that fully funded its new urban revitalization program, late last week Delaware Gov. Jack Markell released a draft application and booklet for the state's new Downtown Development District program.
ANNANDALE, VA—AvalonBay Communities Inc. has assembled the rights to 10 key parcels in Fairfax County that will allow the Arlington, VA-based multifamily developer to build a 251-unit apartment building at the site in Baileys Crossroads.
WINTER SPRINGS, FL—A growing healthcare concern in the area has decided to acquire the Tuskawilla Professional Offices here for its corporate headquarters.
KING OF PRUSSIA, PA—While work continues on one of the largest redevelopment projects in the region, New York City-based Candlebrook Properties has opened its 251 DEKALB luxury high-rise property here.