News

T. Rowe Price will move its global headquarters to the Harbor Point property, which is being developed by Armada Hoffler Properties Inc. and Beatty Development Group.

University Place Assoc., Silverstein Properties and Cantor Fitzgerald are developing a 250,000-square-foot, eight-story lab and office building in a Philadelphia Opportunity Zone.

Iron Mountain was the seller of the 13 properties, which total 2.1 million square feet.

Colony closes the $400 million sale of the Colony Bulk Industrial Portfolio, the final step in the firm's exit from the industrial market.

The fund will consist of a $500 million Opportunity Zone fund and a side-by-side, $500 million non-Opportunity Zone fund.

The global data intelligence company secured the space in Douglas Development's Woodies Building, after tripling in size during the pandemic.

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The reduction in staff is part of a strategy to cut and reduce overhead costs by $35 million annually.