New Jersey

“Building communities requires some sort of incentives program—but it must be one that is predictable and sustainable, transparent and accountable, and smartly devised and strategically deployed,” said Gov. Murphy in his address.

Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.

Since the $61-million purchase, the new ownership has engaged in a more than $10-million capital improvement program aimed at creating a modern and flexible industrial property.

The two firms state that the property, which is expected to be completed and ready for occupancy in the first quarter of 2021, will “deliver the critical infrastructure and support network needed to advance biomedical research.”

“CBRE continues to heavily invest in our retail practice in both Center City, Philadelphia and the extended surrounding suburbs,” says Adam Kohler, EVP at CBRE.

The expansion of HealthHUB was just one of a number of initiatives announced by CVS Health at its 2019 Investor Day today as the company moves forward after its $69-billion merger with Aetna that was completed in November 2018.

Capstone On-Campus Management of Birmingham, AL has been selected by Radnor and Harrison Street and has been approved by Lafayette to manage and maintain the property once it opens in the fall of 2020.

The long-standing CRE firm is rebranding itself as Denholtz Properties. The firm has scheduled a ribbon cutting for tomorrow for its new headquarters at 116 Chestnut St. in Red Bank where a host of state and local dignitaries are expected to attend.