New Jersey

The lease extension transaction comes after Denholtz Properties completed last year a $500,000 capital improvement project at the two-story, 54,599-square-foot Class-A office building.

The redesign of The Green which will feature more than 2,000 individual plants, 20,000 pounds of natural, locally sourced stone, and 2,000 square feet of sodded lawn

Approximately 40% of the building’s units are leased to Sonder, a short-term rental start-up in nearly 30 cities that recently surpassed a valuation of more than $1 billion.

The 21st Century Redevelopment Program was created last year in response to a number of demographic and economic trends that resulted in many suburban office parks and shopping malls becoming empty or underutilized.

Precast walls are being erected at 50 Central Ave. which is scheduled for completion in the first quarter of 2020.

The 180-room hotel is located between the tower building’s 48th and 60th stories. The Four Seasons Hotel Philadelphia also features 39 suites at the Comcast Tower that is the tallest building in the City of Philadelphia.

The property will serve as Fashionphile’s Northeast operations. In addition to its headquarters in Carlsbad, CA Fashionphile has brick-and-mortar studios in Beverly Hills, San Francisco, Carlsbad and New York City.

Colony Capital announced on Aug. 9th as part of its second quarter financial report that it has engaged advisors to market the company’s multi-billion-dollar industrial portfolio for sale, which may include the related management platform.