Since 2010, Amazon has invested more than $4.4 billion in the State of Illinois, including building customer fulfillment and cloud infrastructure, research facilities and compensation to employees.
Woodmont Properties was awarded one of the highest honors of the night, a coveted "Community of the Year" award for its luxury rental apartment community Woodmont Metro at Metuchen Station.
Avison Young notes that the top industrial markets expected to continue to perform well into 2020 will be: California's Inland Empire, Dallas, New Jersey/New York City, Seattle, Chicago, and Miami, among others.
Through the course of his career, Weiner has been a driving force behind the development and ultimate sale of 19,000 luxury condominiums and condominium-hotel residences valued in excess of $20 billion.
Atlantic Health System bested offers from 19 other potential buyers and saw great value in owning the building outright to expand its services and meet the health needs of the community, JLL states.
Commercial brokerage firm CBRE reported the transaction involved the purchase of seven buildings totaling approximately 82,000 square feet by one buyer in a sale-leaseback deal, while two other buildings that had recently been vacated by YCS were acquired by two separate purchasers.