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NEW JERSEY—Somerset Development completed and fully leased a new building in Lakewood where it has already built several properties, Bussel Realty closed a flurry of lease transactions in Middlesex recently, and Andrew Zezas, CEO, and several executives from Real Estate Strategies joined Jones Lang LaSalle. Read more in this deal-tracker roundup of recent news.
CHICAGO—The building will offer renters in the neighborhood something different, including larger apartments and split-floor plans for its two-bedroom units.
DETROIT—A new internet fiber ring has debuted in this city's CBD, and coupled with the increasing demand from the high-tech dependent auto sector, could make this surprising city into a tech hub.
SAN ANTONIO--The Kalikow Group, on behalf of KEP Luckey Ranch Global Associates, has announced the sale of a 70-acre commercial development parcel at the master-planned 2,400-home, 610-acre Luckey Ranch project in San Antonio. The buyer was not disclosed.