The property, which will feature more than 450,000 square feet of office space, public amenities, retail and food and beverage outlets, will occupy a full city block, bounded by North Green, West Fulton Market, Wayman, and Halsted streets in the Chicago West Loop neighborhood.

Transwestern reports that average asking rents for industrial space in New Jersey rose to $8.59-per-square-foot, marking the largest quarterly increase since the fourth quarter of 2018.

The new hospital, which will be the centerpiece of Valley's healthcare campus in Paramus, will be funded through the issuance of bonds, hospital equity and philanthropic contributions. Valley anticipates the new hospital could open as early as 2023.

Berkadia arranged the sale and acquisition loan for the property located in Orlando's Winter Park suburb near Full Sail University, Rollins College and the University of Central Florida.

Among the changes to the $30 million in grant funding include making some funding available to potential cannabis dispensaries and related companies that are considering locations in qualified South and West side investment areas.

The chosen developer will design, build, and maintain a sustainable, mixed-use development consistent with DRWC guidelines. Teams are invited to respond to the RFP to develop one or both sites by Feb. 7, 2020.

The MOU between NJ TRANSIT and the Middlesex County Improvement Authority will provide for the design and construction of a train station at the North Brunswick Transit Village along the Northeast Corridor.

CBRE SVP Gambuzza says the brokerage firm received more than 10 offers. The New York-based buyer's investment was its first multifamily acquisition in New Jersey.