Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
The firm, which is comprised of three hospitals— Edward Hospital, Elmhurst Hospital and Linden Oaks Behavioral Health, will relocate to 4201 Winfield Road in November.
The Amazon-owned organic grocer will open a 47,542-square-foot retail location in Downtown Jersey City and signed a 47,398-square-foot office lease for its new Northeast Headquarters at Mack-Cali's Harborside development
Wafra Group is also a partner in the deal trading at the stratospheric dollar amounts that are becoming signature transactions for Cushman & Wakefield's top brokers.
The purchase of Concourse Center brings Dilweg's Florida office holdings to nearly 1.2 million square feet and its Southeast office holdings to nearly 6.5 million square feet.
The area has been home to a good amount of new development and property revitalization in recent years, along with a Trammell Crow multifamily project and the headquarters of Airbnb, Zynga and Pinterest.
State Assemblywoman Eliana Pintor Marin, who chairs the budget committee, said, “There are good opportunities in the new programs, but to allow Grow NJ and ERG to expire would be a mistake.”
Macy's Herald Square is considering adding offices to its store but two Greenspoon Marder real estate attorneys point out some of the challenges the building owner could face.
The lease expansion marks the second time that Kaufman Dolowich Voluck has expanded its footprint at the three-building, 335,000-square-foot Court Plaza office complex over the past 10 years.