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The firm intends to invest $70 million in the initial breakfast locations, with plans to open 35 restaurants by the end of 2025.

The financing was provided by Bank OZK for the 289,000-square-foot, Class A office and lab development in the Boynton Yards area of Somerville. JLL arranged the first mortgage financing deal for the joint venture.

In his conditional veto, the governor issued a series of recommendations to the State Legislature that mirrored the tax incentive proposal he first transmitted to the legislature in late 2018 that presented sweeping reforms to the current tax incentive programs and shifts the focus to bringing new companies to New Jersey while helping to grow state-based startups.

AvalonBay Communities buys new garden-style apartment complex in Hialeah, underscoring talk that the city is seeing investor interest.

Besides the lower projects costs, which resulted in part due to project planning and engineering enhancements, other significant changes under the revised plan include Amtrak increasing its funding commitment from $704 million to $1.282 billion as part of the updated tunnel plan.

Fannie Mae's M.TEB solution was the crux of the structure.

The renovation is the second of a two-phase redevelopment project at Continental Towers, a 910,796-square-foot office complex located at 1701 Golf Road in Rolling Meadows, that began in 2015.

"The market is experiencing steady rent growth and an active acquisition environment which makes deals easy to finance."