PHILADELPHIA—Holliday Fenoglio Fowler secured $45 million in financing for Avenir, a 180-unit, luxury mixed-use apartment and retail tower in Philadelphia.
FAR HILLS, NJ—Mitchell E. Rudin, CEO of Mack-Cali Realty Corp., will receive the March of Dimes' 2016 Real Estate Award at the organization's Reception June 16.
EAST RUTHERFORD, NJ—The Hampshire Companies plans to redevelop the East Rutherford, NJ, site into a self-storage facility, a convenience store, and a gas station.
MALVERN, PA—Liberty Property Trust has received the 2016 Sustained Excellence Award from the US Environmental Protection Agency, the third consecutive year it's won the award.
SOUTH PLAINFIELD, NJ—Strategic Delivery Solutions has leased 27,648 square feet at 3390 Rand Rd. here, about half of the 55,296-square-foot industrial property.
JLL's report says millennial office workers continue to demand working environments that combine flexible design with multiple transportation options and a broad array of on-site amenities.
PREIT pointed to the addition of DICK'S Sporting Goods and Field & Stream as evidence of the real estate investment trust's ability to proactively replace vacant anchors.
JERSEY CITY, NJ—Holliday Fenoglio Fowler arranged $170 million in financing for the newly completed 70 Columbus, a 545-unit, class A apartment tower in Jersey City, NJ.
NEW YORK, NY AND NEWARK, NJ—The Port Authority is advertising for a planning consultant to help it conduct a comprehensive review of the agency's more than 3,000 acres of cargo facilities as part of a master plan for future growth that the quasi-governmental body hopes will improve operations, enhance revenue, and create jobs.
POTTSTOWN, PA—Pennmark Management Company has acquired Coventry Mall, a 796,869 square-foot property located at 351 W. Schuylkill Road in Pottstown, PA. Pennmark plans to add dining and entertainment destinations to the property. CBRE Group's Jim Pasquarella and Bill Tourtellotte brokered the sale.