Office

The 184,643 square-foot complex is presently 94% leased to a 38-tenant roster and has recently benefitted from common area upgrades and building improvements totaling nearly $5 million, according to Newmark Knight Frank.

The 91,431-square-foot office building sold for $30.4 million, or $332 per square foot.

Nevins, who will be the first woman to serve in the position in the PIDC's 60-year history, will take on the new post on Jan. 27 and will replace current PIDC president John Grady.

The Cherry Hill Road complex totals 191,249 square feet of office space and sits at the crossroads of Interstates 80 and 287, as well as Routes 46 and 202.

The deal is contingent on New York City-based SJP Properties and Scotto Properties of Morristown securing full municipal approvals for the mixed-use project that will feature two headquarters Class A buildings.

Brannan Square is a three-building office complex that will enhance the SOMA neighborhood and its appeal to the tech sector, and tenants will have access to ZO, Tishman Speyer's offering of lifestyle services and experiences.

Urban Renaissance Group recently completed a recapitalization of its Plaza 600 building, a 214,319-square-foot class-A office asset with BentallGreenOak and plans numerous improvements as a result.

Today, FlashParking received a $60 million strategic investment from private equity firm L Catterton Growth Fund that will be used to scale FlashParking's cloud-based parking system.