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GLOUCESTER TOWNSHIP, NJ—Gloucester Premium Outlets says two new retailers have opened at the South Jersey outlet shopping destination, which itself just opened in August.
PARSIPPANY, NJ—Colliers International has named two Cushman & Wakefield veterans with more than 35 years of combined experience as managing directors in its New Jersey operations. Sam Horowitz and Chris Hovanec will join Colliers' tenant representation services division.
LONG BRANCH AND ASBURY PARK, NJ—Two longtime property owners are taking advantage of the brisk market for multifamily assets and cashing out, letting The Kislak Company broker sales of a combined 82 units in Long Branch and Asbury Park for $10.8 million.
CHICAGO—Google helped change a gritty industrial neighborhood west of the Loop into a high-tech office market, and the transformation of the Finkl steel site could do the same for the area around Goose Island.
SAN FRANCISCO—Helping drive development toward a more conservative approach is a cautious lending environment that favors institutional borrowers, Prologis researchers say in a new white paper.
JEDDAH, Saudi Arabia—Prince Alwaleed Bin Talal, chairman of Kingdom Holding Co., will chair the board of the newly formed, US$2.23-billion Alinma Jeddah Economic City Fund.