The Chicago office is the latest in a series of expansion announcements in major cities for Qualtrics, which recently announced Qualtrics Tower in Downtown Seattle and a large expansion in Dublin, Ireland.

Commercial brokerage firm CBRE reports that the firm, which specializes in commerce fulfillment, omni-channel distribution and reverse logistics, has committed to an industrial lease of 249,853 square feet at the property.

Indian Stream plans to open an Indian grocery store at the property that is located in the heart of Morris County's rapidly growing Asian community. The building is near Interstates 80 and 287 along one of Morris County's most heavily traveled retail corridors.

Savlan purchased the development from Lichtman Nass Development Group, LLC for $28 million, which calculates out to $84,337 per unit.

Fiumara's promotion marks just the third time that a CBRE sales professional in the greater Philadelphia region and New Jersey region has achieved the vice chairman status.

Freddie Mac provided $50.775-million in financing for the buyers—Cantor Fitzgerald and operating partner BH Equities, according to NKF's Multifamily Capital Markets group.

PGIM Real Estate Finance provided the 10-year, fixed-rate, non-recourse loan for the 136,928-square-foot, grocery-anchored retail center in Northern New Jersey.

The NJ TRANSIT office of real estate, economic development and transit-oriented development will assess and develop recommendations for transit-oriented development opportunities for parcels of property in which NJ TRANSIT holds an interest in, with the goal of increasing NJ TRANSIT's non-farebox revenue.