This year, students are able to request housing in New College House West for the first time. Penn is also set to return to regular occupancy levels in college houses next year.
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Hennick & Company Completes Joint Venture with Gazit Globe on Iconic Harvard Square Building
Hennick & CompanyFebruary 3, 2021 GMT
TORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) Hennick & Company (“HennickCo”), a private firm that invests in high quality real estate and operating businesses for the long-term, announced today that it has entered into a new joint venture with Gazit Horizons, Inc., a wholly-owned subsidiary of Gazit-Globe (TASE:GZT) (collectively, “Gazit”), for the ownership of 1430 Massachusetts Avenue, a 50,000 square foot mixed use building located in the heart of Harvard Square, Cambridge, Massachusetts. The building was previously purchased by Gazit for US$45,000,000 in an off-market transaction from University Common Real Estate, who had owned the property for over fifty years. HennickCo and Gazit will now own 1430 Mass Avenue together as partners.