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The new campus will be a $1 billion 3-million-square-foot site that is to house an initial 5,000 employees when it opens in 2022, later growing to 15,000.
WeWork may have disrupted the coworking sector, but smaller and local coworking spaces are catching up, according to a new survey from Clutch, a ratings and reviews platform.
In LIC and Greenpoint, New York City-based real estate investor Caerus Group has secured a $30.5 million fixed-rate loan from national real estate lender Argentic on a 65,000-square-foot office portfolio.
Fiumara's promotion marks just the third time that a CBRE sales professional in the greater Philadelphia region and New Jersey region has achieved the vice chairman status.
Freddie Mac provided $50.775-million in financing for the buyers—Cantor Fitzgerald and operating partner BH Equities, according to NKF's Multifamily Capital Markets group.
PGIM Real Estate Finance provided the 10-year, fixed-rate, non-recourse loan for the 136,928-square-foot, grocery-anchored retail center in Northern New Jersey.