New York

The building's full-occupancy and high-quality ground-floor retailer made it an attractive proposition, says Madison's Josh Zegen.

Construction is set to begin next week on the new 13-story, 270,000-square-foot office building at 320 N. Sangamon in the Fulton Market section of the city.

The Brooklyn and Queens industrial properties total 101,000 square feet.

Real estate veteran Doug Rutley is tasked to drive the business, team management and portfolio oversight.

Wharton Industrial and Walton Street plan to invest upwards of $10 million to completely transform the site, which it will rebrand as "SoPhi (pronounced, Sōfee) Logistics Center."

In a competitive environment, moving fast can help secure an apartment community.

"A lot of tenants are used to having plentiful surface parking, which isn't the case in urban multistory."

The industrial assemblage received multiple competitive bids.