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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.

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.

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 property is located in the central business district surrounded by an abundance of restaurant, retail, entertainment and hotel options, and is a short walk to the hike and bike trail fronting Lady Bird Lake.

In response to the strength of the state economy and the firm's growth and momentum in key markets, JQ has formed four major market sector initiatives led by four veteran JQ leadership team members.

The $59.3 million acquisition consists of three Class-A office buildings.

In Chicago, nearly half (47.9%) of that space is pre-leased. New York ranked as the top market, with 14.6 million square feet (21% pre-leased) followed by Washington, D.C. with 10.9 million square feet (61% pre-leased), and Dallas, with 7.8 million square feet (63.9% pre-leased).

In this EXCLUSIVE, Roy Anderson of AEI Consultants discusses the requirements for seismic upgrades in California, and how building owners and managers can ensure properties are in compliance.