The lease deal at 100 Summer St. follows Ironwood Pharmaceutical's separation of Cyclerion Therapeutics, Inc. on April 1, 2019.

The $253-million Arthaus condo tower will feature 108 units, more than 36,000 square feet of amenities, including a rooftop greenhouse, and more than 4,200 square feet of ground floor retail.

Dermody has been active in the Pennsylvania/New Jersey industrial market of late. The deal for the East Windsor, NJ property comes less than a month after the firm broke ground on two buildings at a 557,820-square-foot complex located 80 miles from the Port of New York and New Jersey in Wind Gap, PA.

The newly developed property was sold by AC Packer West, which was represented in the transaction by CBRE's Joe Ayers, Cliff Taylor and Shelton Granade. The deal calculated out to $211,333 per unit.

In the Second Annual Chicago Mid-Year CRE Sentiment Report produced by The Real Estate Center at DePaul University, approximately 52% of participants—down sharply from 69.8% a year ago—characterize the Chicago real estate market for the first half of 2019 as consistently strong.

The project at 20 Clinton St. will involve a six-story vertical addition to the garage that according to the BPDA will feature approximately 209 residential units, including 27 income-restricted units.

On Wednesday, the Pennsylvania Gaming Control Board voted unanimously to award a Class 4 license to Mountainview Thoroughbred Racing Association, LLC, a subsidiary of Penn National Gaming of Wyomissing, PA.

The Riverside Gardens development on Riverside Drive totals 46 units. The property traded for $11.3 million. Kislak also sold a 43-unit property on West Third Avenue and a 17-unit property on Walnut Street in Roselle for a total sale price of $5.7 million.