New Jersey

CBRE states that the properties attracted offers from 15 separate investment groups.

The adjustable-rate loans have seven-year terms with five-year extension options if performance goals are met.

The sale of St. Christopher's to Tower and Drexel is part of the process to resolve the Chapter 11 bankruptcy filed by American Academic Health Systems LLC.

Cushman & Wakefield reports that the recent signing of two anchor tenants at the property are clear signs that the rebranding initiative at the property is paying dividends.

The NJ Opportunity Zone Marketplace is an online portal to connect investors across the country with projects in New Jersey's 75 Opportunity Zone municipalities.

PTC Therapeutics will occupy Buildings 9, 10, 12, 13 and a portion of Building 18 at the Princeton West campus.

CBRE forecasts the national flexible office space will expand to approximately 13% of office space by 2030, reaching up to 600 million square feet. Even in a low-growth scenario, CBRE sees flexible office space claiming up to 6.5% of the market by 2030.

The $30-million redevelopment project is also home wholesale roofing distributor ABC Supply Co., Inc., which signed a 30,000-square-foot lease at the property in December 2019.