Development

The Kimmel Pavilion totals 830,000 square feet, including 11 patient floors, It features 374 exclusively single-bedded rooms that hospital officials say will provide patients and their families privacy, reduce the risk of infection, and improve staff workflow.

The transaction would be structured as a 75-year ground lease between ACC and a Walt Disney World Resort subsidiary.

Amazon occupies about half of the modern, wood-based building.

With asking rents for this apartment submarket expected to advance upward of 6% over the next couple of years, the timing looks good for selling the highest concentration of for-sale stabilized assets in Hudson County ever to come to market, says Gebroe-Hammer's Nicholas Nicolaou.

In all segments of commercial real estate, there are a number of individuals that have made an indelible impact on their line of business.

With the continued focus on the aging population and demand for more convenient healthcare facilities, many companies are gearing up to address those market dynamics, including promoting personnel.