Office

The purchase of the five retail banking branches expands the footprint of the Bank of Princeton into Burlington, Gloucester and Camden counties in New Jersey.

Building owner Emerita USA has hired the brokerage firm to help roll out an action plan to improve efficiency and operation of the historic 592,000-square-foot brick and limestone office tower as part of its reintroduction and rebranding.

Panelists at ICSC RECon seem to think so and say that coworking is all about flexibility and agility and will continue to gain steam.

With the latest transaction, the 55-story 1.53-million-square-foot office tower being developed by the Howard Hughes Corp. and Riverside Investment and Development is now nearly 60% leased.

Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems in which to hire the best employees, according to JLL's latest report.

The ferry service is part of the economic development efforts to boost the Brooklyn Navy Yard but it's not without grumbles over costs.

The New York-based bank is moving its headquarters from Queens to Midtown Manhattan.

“While the company continues to believe that an amicable resolution of Bow Street's expensive and disruptive proxy contest would be in the best interests of the company and its stockholders, in these circumstances, the company had no choice but to terminate settlement discussions with Bow Street,” Mack-Cali Realty states.