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In his new role with NAP, he will be responsible for design, engineering, permitting, approvals, construction and management of the multi-phased Riverton program, a $2.5-billion, 5 million-square-foot mixed-use development on 400 acres on the Raritan River in Sayreville.
Santa Clara Square office tenants and visitors can eliminate any pick-up/drop-off location guesswork by going to the numbered RideStop sign (RideStop Santa Clara Square 4) that matches Lyft apps.
Due to Cytracom's rapid growth and plans to increase its workforce by 30%, it is tripling its space at AllenPlace I, which will soon span 11,870 square feet.
Investment bank Greenhill & Co. signed a 78,000-square-foot lease at the Rockefeller Center tower, where a $600 million capital improvements program is almost complete.
DivcoWest recently purchased West Lake Union Center, a 10-story class-A office building at 1505 Westlake Ave. North in Seattle's popular South Lake Union submarket.
Constructed in 2009 to serve as the U.S. headquarters of the Royal Bank of Scotland, the Class A trophy office building in Downtown Stamford is currently approximately 85% leased.
The years-long tight market has hurt commercial real estate asset classes, with higher vacancy rents, lower asking rates and greater concessions, according to a report last year from JLL.
With an acquisition strategy that includes downtown Portland, PCCP recently paid $96.5 million for the nearly fully leased asset, Park Square, with a favorable mix of cash flow and credit tenancy.