Advocacy efforts by the honorees helped establish NAIOP as the most effective and respected real estate organization in the state, says NAIOP NJ president Dave Gibbons of Elberon Development Group,
Greystone leveraged Fannie Mae's Green Rewards program, which provides borrowers committed to making energy or water usage improvements with favorable financing terms.
“Consistent with the opportunities we see in the marketplace, we intend to complete our strategic shift by monetizing our remaining, high-quality office assets and focusing our efforts and capital solely on our industrial platform,” Liberty's Bill Hankowsky says.
Bridge plans to develop a fifth 216,300-square-foot building on a speculative basis, and signed two new industrial leases totalling more than 132,000 square feet within the existing properties.
The portfolio includes two well-located suburban office warehouse properties in Golden Valley and Hopkins that were 93-percent occupied at the time of sale.
The Medicaid insurer is recommitting to the Philadelphia region with the build of a new facility in Newtown Square, PA and redesign of its existing campus in Essington, PA, near the Philadelphia International Airport.