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While developers stand to reap the benefits of tax breaks, it is not clear how residents of low-income neighborhoods in Opportunity Zones will benefit from the redevelopment of their communities.
Liberty is adding "well-located properties" to its portfolio, says Michael Cohen, senior vice president of investments for Liberty, and expects more acquisitions in 2019 .
The three Trexlertown leases expand the center's offerings and provide customers with a well-rounded shopping experience, says Metro Commercial's Valerie Pettine.
Fosun Hive Holdings completed its renovations of a 200,000-square-foot retail destination, where a new cinema and another fine dining venue are coming to the Financial District.
The two companies reported this morning the transaction has been unanimously approved by the boards of directors of both companies. Mark Gibson, CEO of HFF, will join JLL as CEO, Capital Markets,