Office

Touchstone and Portman are planning a 190,000-square-foot office building on Lot A and a 155,000-square-foot commercial office building on Lot B, along with ground-floor retail and below-grade parking.

Construction has commenced on a fully entitled class-A office development site just minutes from downtown Sunnyvale near transit in one of Silicon Valley's most active submarkets.

An affiliate of Mosaic Real Estate Investors provided BPM Real Estate Group with $460 million in senior construction financing for a 1-million-square-foot mixed-use development in downtown.

A triple-net office and retail building in Highland Park trades hands for $634 per square foot.

Morison Hotel Gallery launches an augmented reality app to virtually create art galleries and accessory selections.

The Lourdes Health System includes Our Lady of Lourdes Medical Center in Camden, NJ; Lourdes Medical Center of Burlington County, Lourdes Medical Associates, and Lourdes Cardiology Services—all of which are now part of Virtua.

Secaucus, NJ-based Hartz Mountain sold 155 Tice Blvd. to Sheila Properties. The property is fully-occupied by Eisai, Inc., the American subsidiary of global Japanese-based pharmaceutical company Eisai Co. Ltd.

More than half of the loan will be used as working capital by the development team.