Title Resource Group, also known as TRG, the company's national title and settlement services business, will go forward as Realogy Title Group, the company states.
The property, which was developed in 2016, is anchored by a 150,000-square-foot Walmart Supercenter. The property was sold by Abrams Realty & Development of Elkins Park, PA.
Boston-based Plymouth Industrial REIT has acquired 1717 West Harvester Road, a 465,940-square-foot industrial facility in West Chicago from a large institutional investor.
The governor's budget supports more than $1.26 billion in direct property tax relief, which includes $276 million for the Homestead Benefit, as well as an increased property tax deduction cap and expanded Senior Freeze eligibility that the governor and legislature enacted in their previous budgets.
The property is 93% leased to 34 tenants, including Regal Cinemas, Hobby Lobby, Marshalls, Ross Dress for Less and Big Lots, which serve as anchor tenants.
Four of the U.S. Whirlpool sites are located in Ohio—Marion, Findlay, Ottawa and Clyde—and one is in Cleveland, TN. Two properties are in Fabriano, Italy.
Ferrara's new distribution complex is expected to be fully operational in the second quarter of 2021 and will bring approximately 500 jobs to the city.