Adrian Cheng

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    Following a $40 million investment, The Cordish Cos. and the city of Norfolk opened the Waterside District. The property is located along the Elizabeth River in downtown Norfolk.

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    The seven assets are located in Exton, West Chester and Newtown Square, Pa., and total more than 229,000 square feet of office/flex space. The properties changed hands through like-kind exchanges.

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    The metro’s economy is strong and population is booming, but a heavy new supply of apartments is limiting rent growth.

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  • JV Scores Prime Boston-Area Office Portfolio for $270M

    Longfellow Real Estate Partners has teamed up with Morgan Stanley to acquire three Class A office and tech properties totaling 605,873 square feet in Cambridge, Mass. Longfellow will handle the building operations on behalf of the joint venture.

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