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Ecommerce is still in its infancy and will continue to grow significantly in its share of retail sales over the next five years.

The REIT has a two-phase plan to sell assets in Greensboro, NC and Memphis.

The 96-unit development at 881 Meadowbrook Lane was built in 1987 and is situated on 4.25 acres. The complex features 96 one-bedroom units in two-story row apartments.

The first phase is for a 14-acre portion that received initial regulatory approval for 900,000 square feet of new development from the Boston Planning and Development Agency in March 2018.

If the GSEs are put in private hands, it needs to be handled thoughtfully, with effective financial foresight and transition planning.

The program has become a focal point in Starpoint Properties' portfolio, showing a great enough promise in potential tax benefits to overcome challenges with understanding the unfolding tax program and its regulatory guidelines.

The future tower, which will open in 2022, will feature more than 1.4 million square feet of office space and will serve as BMO Financials' corporate headquarters.

The complex is currently 94% leased to tenants that include NJ Default Group, LLC, Terminix International Co., The McSweeney Agency and Starlight Homecare Agency.