JBG Investment Fund IX, L.L.C. reports it has entered a 50/50 co-development partnership with Berwyn, PA-based LCOR for the Eckington Yards project located in Northeast Washington, DC.

The healthcare industry has seen the most growth in Orange County over the last 15 years, but diversification has been the key to local economic growth.

“The purchaser believes strongly in the central New Jersey market for multi-tenanted office space and this building's close proximity to the Garden State Parkway and major metro areas made it very attractive,” says Kislak's Barry Waisbrod.

Transit-oriented development construction is only increasing, and with transit expansion, these developments will become the urban centers of Southern California.