Northeast

The joint venture will create a US real estate portfolio of both new and repositioned properties.

Industry watchers will look to see if “small and nimble” is the way to go, as Eastdil Secured president Michael Van Konynenburg shares the company's strategy with GlobeSt.com.

The university notes that the building, when completed next year, will be the first of its kind at a higher education institution in the United States.

Drexel Square park sits directly in front of the Bulletin Building, which Brandywine will begin construction on this month in partnership with Philadelphia-based architecture firm, Kiernan Timberlake. The $43.3-million re-imagination of the Bulletin Building will serve as the centerpiece of Schuylkill Yards.

The logistics center is Phase I of the Equus development and features 32-ft. clear heights, a 180-ft. truck court, 189 parking spots, 58 loading spaces and 64 trailer parking spaces.

Last week, city officials, including Jersey City Mayor Steven Fulop, joined executives from the project development team BNE Real Estate Group, Hoboken Brownstone Co. and McKinney Properties at a ribbon-cutting ceremony to officially open The Enclave, a new 260 luxury apartment development.