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The firm, fresh off its announcement last month that it had initiated a $12-billion investment strategy for its student housing and residential divisions, has hired real estate veteran Russell Brenner as president of the new medical office and life sciences entity.
Penwood Real Estate, which is headquartered in West Hartford, CT, and Princeton, NJ-based Metrix Real Estate secured a three-year construction loan with two one-year extension options through Wells Fargo Bank for the project at 10 Princess Road.
City officials say the audit will ensure the city is receiving the maximum amount of revenue according to each individual PILOT agreement and any additional revenue found will be transferred to the Board of Education.
Midtown East is undergoing a resurgence due to new rezoning legislation. Investment activity has increased in the form of redevelopment, according to a recent report by Ariel Property Advisors.
Herr Valuation Advisors is known for its expertise in appraisals of various commercial property types in west-central Florida and elsewhere across the state.
JRT Realty Group, a national commercial real estate provider, has brokered three of the ten largest Queens commercial real estate leasing transactions for 2019, more than any other firm listed in the top ten.
Production will scale down immediately and brewery operations at the Lancaster County brewhouse will cease by early spring in order to prepare the brewery for sale.
Intercom will take over building owner Sterling Bay's current headquarters space, as the Chicago developer will move its headquarters to 333 N. Green Street in Fulton Market.
The cargo growth was bolstered by a 2.6% increase in imported goods including clothing, furniture, electronics and other everyday products over the previous record for imports set in 2018.
The financing was arranged by JLL Capital Markets and provided by Prime Finance for the 330,631-square-foot office building that PAG Investments purchased from Mack-Cali Realty of Jersey City in late 2019.