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John Jordan is a veteran journalist with 36 years of print and digital media experience.
The Boston-based firm received the latest round of funding from existing investors Wavecrest Growth Partners, River Cities Capital Funds, MassMutual Ventures and Camber Creek Ventures. The same investment group, led by Wavecrest Growth Partners, provided Building Engines $26.5 million in 2016.
The opening is part of a plan to make BIZCENTER USA a national co-working and virtual office franchise.
"Today's news is a positive step in the right direction for all of the communities that sit on the Raritan Valley Line," said State Senator Nicholas Scutari. "One seat ride is critical for the continued economic growth of our region."
The purchase of the 29-story office tower follows Bridge Investment's purchase of the Offices at Flagler Station and the Offices at Doral Square.
"The demand for retail investments in Jacksonville is very strong," says JLL's Brad Peterson.
Also part of the 1031 exchange are the soon to-be-completed sales of the Chase at Overlook Ridge and the Alterra at Overlook Ridge in Boston.
Hunt Real Estate Capital provided the Fannie Mae financing for the property at 2550 Citrus Tower Blvd.
Sales volume and prospecting activity held steady in the third quarter. WCRE states that third quarter leasing activity was higher in Camden County, and particularly in Cherry Hill, but fell for the region overall. Gross leasing absorption was positive, but trended lower quarter-over-quarter.
The deal to acquire the real estate appraisal and consulting firm that specializes in litigation support and related services significantly expands BBG's valuation litigation services and other capabilities in the region and nationwide.
ArborCrowd seeks to raise $5.15 million from investors for the remaining equity, which has been pre-funded into the project by an affiliate of ArborCrowd. The sponsor broke ground on the development in April, and construction is expected to be completed towards the end of 2020.
Resources
Placer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
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JLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
Buildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
MRI Software
From MRI Software
AI is reshaping property management. This guide provides a practical path for leaders to integrate AI, empowering teams, enhancing resident experiences, and scaling success across your portfolio without losing the essential human touch. Download your guide.
Download Resource
MRI Software
From MRI Software
AI promises to revolutionize real estate, but many firms are left disappointed. This guide reveals why your AI strategy might be failing and provides a clear roadmap to fix it, turning technology hype into tangible results.
Download Resource
JLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
MRI Software
From MRI Software
This 2026 multifamily report compiles insights from 700+ CRE professionals on the most consequential market trends shaping the sector today, including AI adoption, fraud prevention and their role in operations.
Download Resource
National Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
National Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
Placer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
MRI Software
From MRI Software
The PropTech market is full of noise and exaggerated claims in the AI era. This guide helps you cut through the hype, ask the right questions, and invest in solutions that truly deliver on their promises with a step-by-step approach.
Download Resource
Placer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download ResourceBuildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download ResourceMRI Software
From MRI Software
AI is reshaping property management. This guide provides a practical path for leaders to integrate AI, empowering teams, enhancing resident experiences, and scaling success across your portfolio without losing the essential human touch. Download your guide.
Download ResourceMRI Software
From MRI Software
AI promises to revolutionize real estate, but many firms are left disappointed. This guide reveals why your AI strategy might be failing and provides a clear roadmap to fix it, turning technology hype into tangible results.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download ResourceMRI Software
From MRI Software
This 2026 multifamily report compiles insights from 700+ CRE professionals on the most consequential market trends shaping the sector today, including AI adoption, fraud prevention and their role in operations.
Download ResourceNational Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download ResourceNational Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download ResourcePlacer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download ResourceMRI Software
From MRI Software
The PropTech market is full of noise and exaggerated claims in the AI era. This guide helps you cut through the hype, ask the right questions, and invest in solutions that truly deliver on their promises with a step-by-step approach.
Download ResourcePlacer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource