New Jersey

Executive Order No. 91 creates the Public Bank Implementation Board whose objectives will include assessing capital needs for New Jersey's small businesses, students, and local infrastructure and affordable housing projects.

JLL also helped SFA secure a 10-year, $24.75-million fixed-rate acquisition loan for the portfolio that is located near Center City Philadelphia.

The transaction, according to Cushman & Wakefield, for the full-building lease involved the negotiation of a lease termination with existing tenant, Sun Pharmaceutical, and the arrangement for the purchase of in-place research and development infrastructure.

The deal for the 96,000-square-foot complex within the East Gate Business Park was reported by Colliers International's Mount Laurel office, which represented the seller.

The New York City-based NFP's lease was the largest of what has been 39,832 square feet in recent new lease deals at the two-building office complex.

The project is the first hospital to open in 45 years in Gloucester County, NJ.

The loan collateralized by Emerson Lofts was provided by New York City-based Madison Realty Capital and allows Manhattan Building Co. to complete the first phase of the fully approved project and fund pre-development on three subsequent phases.

The automobile finance firm will occupy a portion of the third floor of the Class A, 260,382-square-foot building owned by Onyx Equities, which is currently undertaking a capital improvement program.