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NEW YORK CITY—Owners of the Midtown office tower—which spans more than 360,000 square feet along Fifth avenue—are reportedly fielding offers with blockbuster prices, GlobeSt.com has learned <b> EXCLUSIVELY </b>.
WASHINGTON, DC—The infamous Watergate Hotel, which is undergoing a major renovation, is set to open next summer as a luxury hotel and resort after being closed for seven years.
ATLANTIC CITY, NJ—Not all the news out of this resort city is about casino closures. Resorts Casino Hotel reports that it plans to embark on a $9.4-million expansion of its convention space as well as renovations to the hotel.
PHILADELPHIA, PA—Pennsylvania Real Estate Investment Trust has sold several properties including its 50% interest in Whitehall Mall in Allentown, PA, with an aggregate transaction value of $25 million.
PLAINSBORO, NJ—Onyx Equities has begun a $2 million renovation project at Plainsboro Plaza, a 218,000-square-foot shopping center Onyx purchased in 2013.
CHICAGO—Company officials say the new leadership structure will help the firm take advantage of a merger earlier this year that greatly expanded its global platform.
MORRISTOWN, NJ—As tenants are expected to begin moving into Mill Creek Residential Trust's Modera 44, a new luxury apartment community today, a Mill Creek executive tells GlobeSt.com exclusively that the development proves that rental developments can benefit a community when executed properly. Listen to our exclusive audio interview with Richard Murphy of Mill Creek.