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The purchase of Concourse Center brings Dilweg's Florida office holdings to nearly 1.2 million square feet and its Southeast office holdings to nearly 6.5 million square feet.
The area has been home to a good amount of new development and property revitalization in recent years, along with a Trammell Crow multifamily project and the headquarters of Airbnb, Zynga and Pinterest.
State Assemblywoman Eliana Pintor Marin, who chairs the budget committee, said, “There are good opportunities in the new programs, but to allow Grow NJ and ERG to expire would be a mistake.”
Macy's Herald Square is considering adding offices to its store but two Greenspoon Marder real estate attorneys point out some of the challenges the building owner could face.
The lease expansion marks the second time that Kaufman Dolowich Voluck has expanded its footprint at the three-building, 335,000-square-foot Court Plaza office complex over the past 10 years.
The measure, if enacted, would allow adults aged 21 and over to legally purchase cannabis for recreational use from licensed dispensaries and create what the governor called as the “most equity-centric law in the country.”
The leasing assignments of the Summit at Las Colinas and AmberTrail Corporate Park I/II total 524,000 square feet of office space, which should be a welcome addition for office tenants clamoring for space.