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ZG Capital Partners Acquires Bronx’s Bruckner Building
ZG Capital Partners has acquired the Bruckner Building in the Bronx submarket for $65 million. The eight-story office building at 2417 Third Ave. in Mott Haven sits along the waterfront and is slated to benefit from strong appreciation in the burgeoning market.
Daiwa House USA’s Initiative Looks to Expand Trumark
Daiwa House USA will acquire 60% of the equity interest in Trumark and will commit to make additional capital contributions as funding to further develop Trumark’s business.
Nevins Promoted President of Philadelphia Industrial Development Corp.
Nevins, who will be the first woman to serve in the position in the PIDC’s 60-year history, will take on the new post on Jan. 27 and will replace current PIDC president John Grady.
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