Young Innovations will maintain operations at all properties under a 20-year lease with New Mountain Net Lease.

Padilla, who has served as CEO for 20 years, will become executive chair of the Minneapolis-based firm at that time.

Following regulatory approval of the merger, Hackensack Meridian Health has committed to a $400 million capital investment at Englewood Health. The investment hospital officials said would further position Englewood Health as a tertiary hub in Northern New Jersey.

"A modern, safe, and reliable mass transit system is the foundation our state needs to grow our economy and reclaim our historic role as the state of innovation," said Gov. Murphy.

The property at 225 Indian Creek in the heart of Mid-Miami Beach was sold by SMS Lodging, which is owned and managed by the Arnoldsson family, and R^2 Companies.

Gullbrants has worked alongside DeSalvio since the pre-opening phase of the casino resort.

The fundamentals driving the commercial real estate industry remain positive in many of the top metropolitan markets across the country, including Chicago. We are seeing strong job growth, population growth, and a ramping up of some of corporate America's top companies.

The business park, located at 1100 Ridge Road in Perkasie, Bucks County, PA is currently one of the only master-planned, multi-phase developments in suburban Philadelphia.