Industry News

RSS Globe St. New Jersey

  • Gov. Murphy Lays Out 'Jobs NJ' Initiative January 17, 2020
    Another key component of the program is to train Individuals for in-demand jobs by connecting educational and training programs to industry needs and preparing adults for high-quality jobs throughout their entire careers.       
  • Procida Funding Ends Year with Flurry of Deals January 17, 2020
    Its year-end transactions included a $10-million loan to finance the reconstruction of Seaside Heights' historic Belle-Freeman Pier, which was destroyed by Superstorm Sandy and a subsequent fire.       
  • Nevins Promoted President of Philadelphia Industrial Development Corp. January 16, 2020
    Nevins, who will be the first woman to serve in the position in the PIDC's 60-year history, will take on the new post on Jan. 27 and will replace current PIDC president John Grady.       

RSS Globe St. New York

  • ZG Capital Partners Acquires Bronx’s Bruckner Building January 17, 2020
    ZG Capital Partners has acquired the Bruckner Building in the Bronx submarket for $65 million. The eight-story office building at 2417 Third Ave. in Mott Haven sits along the waterfront and is slated to benefit from strong appreciation in the burgeoning market.       
    Mariah Brown, staff
  • Fast E-Commerce Growth Fuels Northeast Industrial Development January 17, 2020
    The Northeast industrial region, with more than 30.6 million consumers and more than a third of the nation’s population within an eight-hour drive, has been a primary focus of industrial activity.       
    Mariah Brown, staff
  • Bridge Investment Allocates $4.5B to Multifamily and Debt Strategies January 17, 2020
    Bridge Investment Group, a privately-held real estate investment management firm, plans to complete a capital deployment of $4.5 billion of equity over the next three years.       
    Mariah Brown, staff