Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
The environmental and geotechnical engineering and consulting firm is expected to take occupancy at the 207,252-square-foot Class A office building by March 2020.
Crocker Partners, which has been retained as the property management team for the 28-story tower, kept a 1.9-acre site for a new multifamily project adjacent to the office building.
Funding totaling $87 million was recently secured on behalf of SROA Capital for the refinancing of a 36-property portfolio of self-storage facilities spanning three states: Florida, Kentucky and Ohio.
The 136,000-square-foot site hosts a megastore and features a three-level, 60,000-square-foot parking garage and a public waterfront esplanade overlooking the Verrazano Bridge.
The new location, which is scheduled to open for business in the second quarter of 2020, will be Industrious' third in Philadelphia and the fourth location in partnership with Fashion District owner Macerich.
The 22-story office tower at 111 West Washington totals 585,000 square feet. Chicago-based Golub will assume management and leasing of the building that was constructed in 1913.
The development is a joint venture with 1026 Real Estate Investors, LLC, a New York City-based real estate investment firm headed by principal, Douglas Oliver. The facility will be professionally managed by CubeSmart Self Storage.
The New Jersey Housing and Mortgage Finance Agency awarded the $20.5-million development 9% Low Income Housing Tax Credits, which are expected to generate $15.9 million in private equity.