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The agreement also calls for GE to reimburse MassDevelopment $87 million, which include the purchase the two brick buildings and land as well as construction and other financing costs.
The 661,741-square-foot building, to be delivered in Newark before year-end, will provide modern bulk warehouse space with superior proximity, accessibility, flexibility and visibility.
Amanuel Mekonen, left, of Greystone & Co. sees investment money coming to Philadelphia from New York, while Christophe Terlizzi of KeyBank says the bank likes value-add multifamily projects.
David Barry's gigantic multifamily rental complex in Staten Island received a Fannie Mae loan which replaces the original $100 million construction loan.
The Hampshire Companies and Harrison Street say they plan to announce several additional self-storage development projects in the coming months in the aforementioned Boston to Washington, DC corridor
Google's expansion will enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia.
Following the Chicago-based firm's purchase of 50 Post Office Square in December 2015 for a reported price of more than $290 million, the firm's capital improvements at the property have paid dividends.
According to Maria Gonzalez of HACE, a community development corporation focused on the Latinx communities, immigrants, millennials and baby boomers have enhanced the city's diversity with their rising interest in urban living.