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Washington Prime Group intends to convert the former Sears location in Morgantown Mall in Morgantown as a logistics, distribution and fulfillment center for the West Virginia University Medicine network.
The convenient location of the office tower at 529 Fifth Avenue in Midtown East will be particularly advantageous as workers return to the office amid the pandemic, said Alexander Chudnoff, a vice chairman at exclusive leasing agent JLL.
Marcus & Millichap's co-chairman William A. Millichap passed away after a year-long battle with cancer at the age of 76. Millichap joined G.M. Marcus Company shortly after its founding in 1971.
Russo Development and Onyx Equities have purchased the NJ property with a site plan approval for 376 multifamily units and 20,000 square feet of retail space.