New Jersey's largest transit hub office complex is now under ownership by a single joint venture, which has plans for a significant repositioning of the Gateway Retail Concourse.

Yard space is turning out to be an important amenity for millennials, and Tri Pointe Homes focused on yard space in its latest development.

“Recently we have seen a surge in interest in the Old City sub-market, which makes sense given its accessibility and proximity to the CBD," says Chris Egan, a senior associate at RRA.

The Bethesda, MD-based REIT closed on the $302 million deal with the buyer, Davidson Kempner Capital Management.