News

The deal brings the 120,000-square-foot industrial building in Bergen County to full occupancy, according to commercial brokerage firm NAI James E. Hanson.

The sale comes as a result of the company's recent relocation to a nearby shopping center at 300 White Horse Road in Voorhees, NJ, also facilitated by Vantage RES.

An affiliate of Public Storage has purchased a portfolio of three Class-A self-storage properties with a total of 3,596 units in the greater New York City and Boston areas. Jones Lang LaSalle arranged the transaction.

Real estate investment firms The Kaufman Organization and AXA Investment Managers have planted the flag in Midtown South, deploying $200 million in acquisitions, which include two office properties.

Kaiser Permanente has canceled its $900 million 29-story headquarters project encompassing 1.6 million square feet, where it was planning to relocate approximately 7,000 employees from seven East Bay offices.

Seagis invested significantly into the building since the former tenant vacated in December.

Gov. Baker has also directed the Department of Public Health to issue a stay at home advisory outlining self-isolation and social distancing protocols. Residents are advised to stay home and avoid unnecessary travel and other unnecessary activities during the two-week time period.

By placing these appropriations in reserve on March 20, the release of those appropriations will now require the Budget Director's approval before the appropriated amount may be expended.