News

Michael W. Arvin joins New Era Partners as executive vice president of strategy and development, bringing more than 30 years of experience as a healthcare executive to the company.

The company is targeting to complete the sale in Q4 2019.

The redevelopment of the shopping center, now known as "Fishtown Crossing," will create approximately 18,000 square feet of new retail space.

The firm plans to implement renovation upgrades to the Greater Washington DC area office building.

The deal with Shell TechWorks is the first lease signing at the 230,000-square-foot office building that broke ground in June 2018.

The measure allows an exemption from sales tax for data centers who have or plan to make a $250-million investment in Illinois.

The Lake Point Tower Condominium Association Board in a unanimous vote, as well as a supermajority of unit owners, recently adopted two amendments to prevent the building from being changed back into apartments.

Nuveen Real Estate has acquired the portfolio, which has 100 assets spread across 12 markets.