Northeast

The 2,615 units in six cities represent Investcorp's largest US real estate portfolio acquisition in the last decade.

The largest recent transaction was with Silversmith Capital Partners, which signed a 26,000-square-foot lease at the 272,000-square-foot office building.

The commodities trader expands to 17,750 square feet in the William Kaufman Organization's Plaza District office tower.

In his new role with NAP, he will be responsible for design, engineering, permitting, approvals, construction and management of the multi-phased Riverton program, a $2.5-billion, 5 million-square-foot mixed-use development on 400 acres on the Raritan River in Sayreville.

Post Brothers has created a 35,000-square foot pop-up mixed use park in Philadelphia out of recycled shipping containers.

The Planning Board unanimously approved the plans for The New Valley Hospital on Thursday evening. Valley Health System reports that its board of directors will formally adopt a resolution to proceed with the project at its next meeting in July.

The Opportunity Zone program is inspiring property owners that have held lower-quality assets with deferred maintenance to finally sell the assets, says Real Capital Analytics' Jim Costello.

The Howard Hughes Corporation has taken its next major step in continuing to develop the Lower Manhattan area.