The deal for the facility marks the 10th and final acquisition in a Brennan-Arch Street in its current single-tenant, net lease industrial aggregation venture. Brennan and Arch Street report they are launching an eighth venture—USIPA – Brennan Ventures III.

The Class-A facility, located at 150 Whitman Ave. in Edison, will feature 36-foot clear ceiling heights, 23 exterior docks, five trailer positions, parking for up to 62 cars, and one drive-in door.

Iovance expects to invest approximately $75 million over three years for equipment and construction of the manufacturing suites. The company expects the new facility at the Philadelphia Navy Yard will be completed in approximately two years.

The combination of DBRS with Morningstar Credit Ratings' U.S. business will expand Morningstar's global asset class coverage and provide an enhanced platform that will provide investors with leading fixed-income analysis and research, the company states.

Raytheon signed a seven-year lease deal for approximately 134,000 square feet at the recently redesigned 706,000-square-foot complex that previously housed Wang Laboratories.

Hudson Capital acquired the 46-ace property in the affluent Cherokee County submarket of Atlanta from Bell Partners of Greensboro, NC.

Mack-Cali says it intends to ask MaryAnne Gilmartin and Frederic Cumenal to join the Board immediately following the company's Annual Meeting on June 12.

Switzerland-based Baloise Group, which entered into the share-capital of Infracore in December 2018, increased its participation in the firm from 20% to 35%. In the two transactions, Aevis Victoria SA sold 61% of its interest in Infracore SA and retained a 19% stake in the firm.