The flex space trend continues, but the Jersey City, NJ REIT closing on its $487.5 million sale in Q2 2019 has other plans.

“With the completion of the TPG Real Estate Partners III fundraise, we are well-capitalized to execute our distinctive investment strategy and continue building a differentiated investment portfolio,” says Kelvin Davis, founder and co-head of TPG Real Estate.

Pricing for new construction along the Silver Line from Rosslyn to the Toll Road will look increasingly similar.

Some of the major developments underway at the project include the 85% sold Paramount Miami condominium tower, which is on-track for completion in May 2019.