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SOUTH BLOOMING GROVE, NY—Another proposed casino resort project in Orange County is being advanced. On Wednesday, Baltimore-based The Cordish Cos. and Penn National Gaming of Wyomissing, PA announced that they are partnering on a $750-million gaming facility and resort here.
MORRISVILLE, NC—Liberty Property Trust reports that recent lease deals totaling 94,400 square feet have brought its Keystone Business Park here to 100% occupancy.
ATLANTA—Steve Kros, formerly of from CRE Capital Advisors in Boston, has joined Ridge Development as executive vice president and is charged with expanding the firm's East Coast operations from its offices here.
ROCHESTER, NY—Locally-based Broadstone Net Lease reports it has acquired 19 properties, including a portfolio of 16 Wendy's restaurants in four states, for more than $52.6 million.
WARMINSTER TOWSHIP, PA—A bank-owned 56,000-square-foot commercial building at 700 York Road is being offered for sale in a sealed bid auction scheduled for May 20.
EAST HANOVER, NJ—Novartis Pharmaceuticals announced on Monday that it will lay off 215 workers in New Jersey, a majority of the job cuts are support staff personnel who work at the firm's headquarters here.