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Deal flow has picked up since the first quarter, Yardi Matrix says, and points out that the drop in the 10-year U.S. Treasury rate to just over 2% could boost sales.
Innovatus acquired 4040 Civic Center Dr., an asset that has been well maintained with a strong tenant roster, across the street from the Northgate Mall undergoing renovation and access to a SMART station.
Hines recently launched Hines²/Hines Squared, a comprehensive tenant amenity, property management and services offering which will deliver premium workplace environments in Hines buildings.
“After years of mismanagement, our administration's first budget included a historic increase in funding for NJ TRANSIT, enabling the agency to begin a rebuilding process to restore safety and reliability for commuters,” said Gov. Murphy.
Adobe's North Tower will be an all-electric building powered by renewable energy, among the first of its kind in Silicon Valley, demonstrating Adobe's commitment to 100% renewable energy by 2035.
"As the first state in the nation to fully legalize adult-use cannabis through the legislative process, Illinois exemplifies the best of democracy: a bipartisan and deep commitment to better the lives of all of our people," said Gov. Pritzker.