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Under the terms of a Memorandum of Understanding, Welltower and Jefferson would create a joint venture whereby Welltower would acquire a stake in certain real estate assets of Jefferson.
JLL states in its year-end 2019 report on the Chicago industrial market that after some nervousness earlier in the year, large occupiers returned to the market.
In his second State of the State address, Murphy said he is not giving up on enacting a "Millionaire's Tax" to ease the property tax burden on the state's middle-class and seniors and to help fund the state's public school system.
Aperture was the first residential project to be built since the city adopted the San Bruno Transit Corridors Specific plan in 2013 to revitalize the area near Caltrain, and Sares Regis recently closed escrow on its sale.