Wharton Industrial and Walton Street plan to invest upwards of $10 million to completely transform the site, which it will rebrand as "SoPhi (pronounced, Sōfee) Logistics Center."
The opening of the New Jersey India Center kicked off the governor's seven-day, six-city economic mission trip to India. Governor Murphy is the first governor in New Jersey history to visit India on official business.
Locally-based developer Bijou Properties and partner Intercontinental Real Estate Corp. of Boston, who previously teamed up for the development and successful lease-up of Vine at 900 Monroe Street, recently announced the marketing campaign for 7 Seventy House, which also includes approximately 25,000 square feet of ground floor retail space.
Giralda Place is 94% leased to seven tenants and includes WeWork's first location in Coral Gables. Other tenants at the property include HSBC Bank, Dr. Smood, Rukus Cycling, and Seaside National Bank.
Cboe, one of the world's largest exchange holding companies, also plans to build a new trading floor and office space at 141 W. Jackson Blvd. totaling another 40,000 square feet and have operations begin there in 2021.
The significant leasing activity comes amid an ongoing capital campaign at the two-building 600,000-square-foot office complex at 201/301 Route 17 North in Rutherford.
Westside acquired the property for $29.5 million and intends to invest up to $5 million in capital improvements, while rebranding the property "Westshore Crossing."