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The county acquired the two buildings that are connected by a walkway bridge over University Avenue for $26 million. Located in Newark's downtown, the complex is located across the street from the Historic Essex County Courthouse.
The lease renewal was signed with building owner Denholtz Properties, which moved its headquarters to the nearly 31,000-square-foot boutique office building earlier this year.
As a result of a new agency rule, potential EB-5 investors will be scurrying to invest in the EB-5 program in rapid fashion, many of whom desire to invest in the South Florida economy and emigrate to South Florida.
"We applied our proven value add capital program in full force to reintroduce River North Park to the Chicago market," says Lela Cirjakovic, executive vice president of operations at Waterton.
In our pre-event coverage of GlobeSt.com's ADAPT awards, we reviewed various adaptive reuse projects across the country. This year, we have named Hotel Indigo – Pepper Building as most thoughtful repositioning of abandoned space.
Construction is underway at Fremont Crossing, a two building 55,000-square-foot commercial project located along the Lake Washington Ship Canal at 316 S. Florentia St. in Seattle's Fremont neighborhood.