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Phase three will consist of four new buildings, totaling 918,972 square feet, and will be the final construction phase at the 225-acre, master-planned Bridge Point North campus that Bridge has been actively developing since 2015.
Experiential real estate such as all-inclusive resorts in the hospitality sector and the gaming industry are expected to do well, says PwC partner Tim Bodner.
The "Steel Topping Out" ceremony featured the placement of the final exterior steel beam atop the 1-million-square-foot frame of the brand-new terminal at Newark Liberty International Airport.
"We need real estate investors and brokers in this business bringing capital to deals because we cannot go to banks," say panelists at CCIM's recent Global Conference.
The SL Green portfolio is in a state of transformation, as the New York-based real estate investment trust sells off static assets to identify opportunities for reinvestment within the portfolio.
Tribeca Investment welcomed the opportunity to partner with PGIM and Meadow to bring new large blocks of space to the market that has seen a lot of demand from technology and finance companies.