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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The four-story building on 16 acres in the heart of New Jersey's biopharma hub drew spirited interest from prospective buyers, says Cushman & Wakefield.
SkyBridge president Brett Messing tells GlobeSt.com they chose Westport Capital Partners as the new sub-advisor for SOZ REIT based on the investment firm's track record and pedigree.
The New York Building Congress's 2019 Policy Agenda promotes capital spending, encourages public-private partnerships and focuses on major government projects.
The Edmonton, Canada-based firm inked a lease for 46,668 square feet of space at the building owned by Nordblom Co. and institutional investors advised by J.P. Morgan Asset Management.
The company had reported the sale of the 38 properties was valued at an aggregate purchase price of $385.0 million. The amended portfolio sale of 28 properties is now valued at approximately $282.5 million.