The retail town center will serve as the shopping and dining core for the long-anticipated Park Center, an ambitious mixed-use development project in Research Triangle Park that will include more than 1,000 residential units, a hotel, a conference center and more than 1 million square feet of office space.

Five of the top 10 markets for commercial and multifamily construction starts showed increased activity compared to the same period last year.

JLL arranged the $75.65 million sale and acquisition financing for the eight-story, 222,058-square-foot class A office building located at 300 Barr Harbor Drive.

The almost 100-year-old law firm relocates but agrees to stay in Lower Manhattan for another two decades.