The opening of the Industrious location at the open-air Esplanade at Aventura is scheduled for the second quarter of 2020.

CPPIB will have a 45% ownership interest in the Platform 16 joint venture. Boston Properties will retain the remaining 55% ownership stake and provide development, property management and leasing services.

The transaction was reported by NKF Multifamily Capital Markets, which stated it brokered the $43.6-million sale and $34.8-million Freddie Mac financing for repeat NKF/Freddie Mac sponsor, AndMark Investment Fund.

Dick's Sporting Goods and Burlington opened new locations at the shopping center in late September. These new storefronts drove increases in shopper traffic within the mall by more than 40% during the opening weekend, PREIT reports.

The park is adjacent to Lendlease's new seven-acre Southbank neighborhood development underway in the South Loop that, upon completion, will include several mixed-use towers. The first tower—The Cooper at Southbank—opened in the fall of 2018.

"The Green is a great example of Glenpointe's live/work environment for the tenant population."

The 0.832-acre parcel is a transit-oriented infill site that is zoned for mixed use development, according to JLL, which brokered the transaction between Bijou Properties and the seller Kensington Senior Living.

The Athens, GA-based firm acquired the three properties from 908 Group, which has offices in Tampa, Miami and Austin. No