Northeast

Jefferson Health is the largest provider of healthcare in Philadelphia. Its recent acquisitions have included Einstein Health and Kennedy Health in South Jersey.

Property upgrades and redevelopments bolstered average asking rents to new highs.

The Canadian-based children's entertainment products company is doubling space within the LIC, Queens office loft.

Fareri Associates president John Fareri tells Globest.com that the first phase of the project would involve the development of approximately 500,000 square feet of space, including an approximately 135-room hotel, biotechnology-medical and retail space.

Diageo, which is headquartered in London, is investing $31 million in its new space at 3 World Trade Center and is eligible for up to $6.6 million in incentives via performance-based Excelsior Tax Credits from New York State Economic Development Corp.

Located in the southeast area of the UNCW campus, the development's first phase is scheduled to service students for the Fall 2020 semester and will deliver 1,038 beds in a pod-style configuration for first-year students.

The market is about to embark on another year of about 300,000 deliveries, making supply the biggest obstacle to rent growth.

New Jersey's largest transit hub office complex is now under ownership by a single joint venture, which has plans for a significant repositioning of the Gateway Retail Concourse.