The collateral for the Madison Realty Capital loan is a 78,318-square-foot commercial building that's over 70% leased.

Location, location, location is being replaced by accessibility, connectivity and amenities.

The city in releasing the RFP is hopeful that the sale of the 18 acres will result in the development of mixed-use, residential or office and or hospitality and retail development on the site.

i+iconUSA has more than 70 years of heavy construction experience in Pennsylvania, Maryland, Virginia and Florida, specializing in the transportation, ports and waterways and industrial markets.