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CHICAGO—The developer has spent several years getting major mixed-use properties in New Jersey out of the ground, but CEO Rich Tucker tells GlobeSt.com that they are ready to come back to the Chicago market.
WASHINGTON, DC—The World Bank, which owns some of the priciest real estate in the District, is reportedly stepping back from plans to move some operations to Northern Virginia.
WASHINGTON, DC—Fannie Mae announced on Thursday plans to sell its headquarters building at 3900 Wisconsin Ave. here and two other owned-properties in the district.
JERSEY CITY, NJ—A payment processing firm that is currently housed in short term space at 101 Hudson St. here will receive approximately $6 million in state tax credits over the next two decades to expand operations at the building rather than relocate to Atlanta.
ATLANTIC CITY, NJ—Beginning next week an estimated 6,000 casino workers are expected to file for unemployment insurance in connection with the closures of the Showboat Casino Hotel and Revel this weekend and Trump Plaza on Sept. 16.
WALLINGTON, NJ—Sewage ejector systems that are chronically clogged and HVAC systems that give out in extreme weather are issues that rank high on a list of growing concerns among commercial and industrial facility managers in aging industrial areas of New York and New Jersey.
EAST BRUNSWICK, NJ— Frederica “Freddie” Mattis, a 20-year veteran of the title insurance industry, has joined CW Solutions, a national real estate services firm specializing in the utilities and wireless telecommunications industries, as right-of-way and land research associate.
BURBANK, CA—Tourmaline Capital acquires Plaza del Sol, a 166,216-square-foot shopping center anchored by a grocery store, from an affiliate of Barco Real Estate Management.