The program has become a focal point in Starpoint Properties' portfolio, showing a great enough promise in potential tax benefits to overcome challenges with understanding the unfolding tax program and its regulatory guidelines.

The complex is currently 94% leased to tenants that include NJ Default Group, LLC, Terminix International Co., The McSweeney Agency and Starlight Homecare Agency.

The US Senate on Thursday passed a spending bill that will provide a total of $86.2 billion to the U.S. Department of Transportation, which will help fund a number of key transportation priorities for New Jersey.

Crow Holdings Industrial sells the Bloomington Logistics Center in the Inland Empire for $100.5 million.