Penwood Real Estate, which is headquartered in West Hartford, CT, and Princeton, NJ-based Metrix Real Estate secured a three-year construction loan with two one-year extension options through Wells Fargo Bank for the project at 10 Princess Road.

City officials say the audit will ensure the city is receiving the maximum amount of revenue according to each individual PILOT agreement and any additional revenue found will be transferred to the Board of Education.

Production will scale down immediately and brewery operations at the Lancaster County brewhouse will cease by early spring in order to prepare the brewery for sale.

Intercom will take over building owner Sterling Bay's current headquarters space, as the Chicago developer will move its headquarters to 333 N. Green Street in Fulton Market.

The cargo growth was bolstered by a 2.6% increase in imported goods including clothing, furniture, electronics and other everyday products over the previous record for imports set in 2018.

The financing was arranged by JLL Capital Markets and provided by Prime Finance for the 330,631-square-foot office building that PAG Investments purchased from Mack-Cali Realty of Jersey City in late 2019.

The acquisition will represent Walker & Dunlop's first office in the Columbus market.

The owner and developer of the Philadelphia site, Richard Zeghibe—founder of Patriot Parking—is expecting to break ground on the building in the second quarter of 2020 and plans to complete construction in the fourth quarter of 2021.