The order also mandated specific protections and policies for all essential retail, manufacturing, and warehousing businesses, as well as businesses engaged in essential construction projects.

Sioux City is open to helping induce a compelling redevelopment via the use of incentives if proven needed, city officials state.

"We'll have to make difficult decisions on city spending, the likes of which have never before been needed," Philadelphia Mayor Jim Kenney said.

The property at 747 Mill Park Drive is net-leased for 10 years to Magna Seating of America, Inc., a division of Magna International.

Thor Equities acquired the property last month to add to the firm's dedicated life sciences platform and meet the demand for laboratory and research and development space in the region.

The deal marked the first sale in JAG's Income Fund. The community was acquired through a joint venture with KKR and JAG in 2017.

The nine-acre property at 3130 Route 10 was sold by Denville Commons Associates LP. Cushman & Wakefield represented the seller and procured the buyer in the transaction.

Phase 1 of Legacy Square was completed in late 2019 with the opening of a 185,000/-square-foot Walmart Supercenter and seven finished pad sites. Phase two is now under construction and will open in early 2021.