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BETHESDA, MD—GlobeSt.com spoke with RLJ Lodging CEO Ross H. Bierkan about the leadership transition after Thomas J. Baltimore Jr's departure, the executive “search” for Baltimore's successor, the naming of CFO Leslie D. Hale as RLJ's first COO and how the REIT will proceed going forward.
ORLANDO—“Demand for industrial product in Central Florida has exceeded the last peak, not by the quantity of users but by increases in size requirements.”
KING OF PRUSSIA AND LANSDOWNE, PA—A Verizon Wireless store in King of Prussia, PA and Walgreens Pharmacy in Lansdowne have changed hands for a combined price of $20.615 million.
MONTVILLE, NJ—The project involves a major speculative renovation of one of the twin, 105,000-square-foot, class A office buildings on the former Bayer Pharmaceuticals campus.
BOSTON—In total, the new 2.4-acre campus, which will open in two phases in 2018, will include approximately 388,700 square feet of gross floor area in the three buildings.
NEW YORK CITY—Several office relocations and a renewal have been signed in Manhattan while industrial and healthcare tenants have booked space in Brooklyn and Queens.