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PHILADELPHIA, PA—Liberty Property Trust has broken ground on 4701 League Island Blvd., its sixth flex building at The Navy Yard, which has become a magnet for biotech and technology companies in Philadelphia.
EAST RUTHERFORD, NJ—Jones Lang LaSalle says investors continued to bet big on New Jersey industrials in the first quarter of 2015, generating $1.76 billion in sales transactions, about the same as in the fourth quarter of 2014.
PHOENIX—CBRE has completed the sale of the Farmers Insurance Building, a 106,397-square-foot, single-tenant office building located at 16001 N. 28th Ave. in Phoenix.
HOUSTON--Trammell Crow Co. (TCC) has completed Medical Plaza II on the Memorial Hermann Katy Hospital campus. The four-story, 100,000-square-foot professional office building is the second developed on the 66-acre campus by TCC.
AUSTIN--Kennedy Wilson has announced that it represented the seller in the sale of an 18.3 acre parcel of land located at the corner of Old Farm to Market 2243 West and North Bagdad Road in Leander.