News

Brokerage firm JLL reports it arranged the 30-year, fixed-rate refinancing loan with Barings, on behalf of one of its managed accounts, for Hickory Street Capital.

Roberto Pesant, who has 15 years commercial real estate experience, will be based in Berkadia's Miami and Boca Raton offices.

"This week, I had the opportunity to meet with several leaders in Chicago's financial services industry to tout Florida's pro-business climate and the many advantages of doing business in our state," said Gov. DeSantis.

Last year, the firm completed a domino of transactions of three Manhattan office buildings, signaling its indefinite departure.

The building's full-occupancy and high-quality ground-floor retailer made it an attractive proposition, says Madison's Josh Zegen.

The Fashion District will launch with an 11:30 a.m. press conference featuring Philadelphia Mayor Jim Kenney, PREIT CEO Joseph Coradino, Macerich CEO Tom O'Hern, and Philadelphia Convention & Visitors Bureau president and CEO Julie Coker Graham.

The company's new headquarters was previously the home to Bell Labs, the research and development arm of AT&T.

The Leading Neighborhood Revitalization Partnership Award was presented to the Dr. Lena Frances Edwards Apartments in Jersey City, Hudson County.