“These projects are the result of collaboration among stakeholders that are committed to equitable, inclusive economic development that contributes to improved quality of life for all New Jerseyans,” says NJEDA CEO Tim Sullivan.

The new Seoul office is Toronto-based Avison Young's 85th office globally, and is an additional step in the firm's ongoing aggressive global growth and expansion strategy. Full operations in Seoul will begin on Nov. 1, 2018, company officials state.

As the market fires on all cylinders, Houston is increasingly competing with other major US industrial markets for big-box distribution deals, which are aggressively being pursued by investors ready to turn dirt.

The ICSC has signed a full-floor lease for its global headquarters totaling 44,100 square feet at Mitsui Fudosan America's 1251 Avenue of the Americas.