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Fiumara's promotion marks just the third time that a CBRE sales professional in the greater Philadelphia region and New Jersey region has achieved the vice chairman status.
The mayor has proposed a Class 6 (b) tax incentive to support the $3.9-million rehabilitation of an 84,174-square-foot industrial building in the Stockyard Industrial Corridor by Griffith Foods Inc.
Citizens Bank, through its Community Development Group, also reports it has provided $36.5 million in construction loans for three affordable housing projects in Massachusetts.
Trez Capital and Hines recently acquired a four-building 235,400-square-foot self-storage facility, at double the size of most storage facilities and representing the first self-storage property for the partnership.