Veronica Grecu
Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica’s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.
Converse to Relocate HQs on Boston’s Lovejoy Wharf
North Andover, MA-based sneaker giant Converse wrapped 2012 up with a deal for 186,525 square feet of space in the Hoffman Building, one of the structures on Boston’s Lovejoy Wharf.
Developer Announces $67M Mixed-Income Rental Building in Greenpoint
The Domain Companies, a real estate investment and development firm based in New Orleans, officially announced last week that it has secured financing of a new mixed-income development in Greenpoint, Brooklyn’s northernmost neighborhood, through a mix of loans at below-market interest rates from the New York City Housing Development Corporation (NYCHDC) and Goldman Sachs.
Iroko Moves into New HQ Building at Philadelphia’s Navy Yard
Iroko Pharmaceuticals hosted a ribbon cutting ceremony, which was attended by Philadelphia Mayor Nutter, local officials and more than 150 attendees.. “Iroko represents a growing presence within Philadelphia and The Navy Yard’s business landscape, and provides critical economic momentum to the region by triggering job growth at an important time,” said Philadelphia Mayor Michael Nutter who attended the opening ceremony at the South Philadelphia site.
Five Downtown Detroit Buildings Add to Dan Gilbert’s Real Estate Portfolio
Two weeks after completing the purchase of One Woodward Building – a 26-story Class A office tower at the corner of Woodward and Jefferson avenues in downtown Detroit – Dan Gilbert’s Rock Ventures announced five additional acquisitions that were brokered by the company’s real estate arm, Bedrock Real Estate Services.
BRA Approves $60M Mixed-Use Complex in Downtown Crossing
The Boston Redevelopment Authority (BRA) unanimously voted in favor of a development project called “59 Temple Place” that will transform a pair of connected buildings on Washington Street between West Street and Temple Place in Downtown Crossing into a 135,500-square-foot complex featuring a boutique hotel, restaurant, retail space and a spa center.
Onyx Equities Grabs Prominent Office Building; Avison Young Hires Tri-State Pharma Industry Expert
By Veronica Grecu, Associate Editor
Onyx Equities LLC, a Woodbridge, N.J.-based private real estate investment, development and management firm, closed on one of Long Island’s largest office building sales of 2012. On December 19, Onyx completed the acquisition of Atria West—a 235,000-square-foot, […]
USGBC Awards LEED Platinum to South Boston’s Castle Square Apartments
The U.S. Green Building Council (USGBC) has awarded LEED Platinum Certification, which is its highest green building rating, to a 540,000-square-foot mixed-use property in Boston’s vibrant community of South End.
Avison Young Named Exclusive Leasing Agent for Prime Data Center, Hires Specialist in NY Office
1547 Realty Partners, a company that was founded by industry professionals to invest in data center properties, has recently appointed Avison Young as the exclusive leasing agent for 1 Ramland Road, a state-of-the-art data center and disaster recovery facility in Orangeburg, N.Y.
Work Starts on $17 Million Affordable Housing for Seniors in Mt. Airy
Philadelphia-based real estate developer Nolen Properties broke ground last week on a new senior housing complex in the Mt. Airy neighborhood. The $17 million investment envisages a brick-and-terra cotta landmark building constructed in 1895 which will be upgraded and transformed into a 57-unit residential facility.
400 Main LLC Unveils Plans for New Hotel, Office Buildings in Royal Oak
A group of real estate developers known as 400 Main LLC is seeking approval for a multi-building redevelopment project that would breathe new life into a vacant property in Royal Oak that used to house a Fresard car dealership.