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If approved by the Port Authority Board of Commissioners, project funding would increase from $300 million to keep the existing AirTrain Newark in a state of good repair to a total of $2.05 billon for the new project. The proposal targets a start to construction in late 2020 or early 2021.
In 2018, Crow Holdings Industrial hired Clark Machemer as a senior managing director to expand the firm's national platform in the Northeast. The Northeast team has a pipeline of approximately 5 million square feet of industrial space.
Phoenix Investors reports that its new Galesburg assets were originally constructed by Maytag between 1974 and 1996 and then acquired by Whirlpool Corp. Phoenix's portfolio holdings now include eight former Whirlpool facilities.
The bill introduced by the At-Large Councilwoman would require large non-residential buildings to confirm their status as high-performing facilities or to perform building improvements to save money and cut carbon pollution.
The eight-story 80 Guest St. features more than 200,000 square feet of high-ceiling, office and lab space averaging an open 28,000-square-foot floor plate above 15,000 square feet of amenity retail.
The partners report the new joint venture has acquired two regional distribution properties totaling 1,152,000 square feet in the Jacksonville and Chicago metros.
Four new office towers, two reaching almost 300-feet tall and several multifamily developments, are set to deliver over the next five years, which will transform Bethesda's skyline, according to a new report released by JLL Research.
The trade of the 208-unit garden-style community was reported by Berkadia, which arranged financing for the transaction that calculated out to $156,250 per unit.