Brokerage
Cervalis to Lease BTS Data Center in Connecticut
Cervalis LLC will lease a new-construction data center and disaster recovery center in Norwalk, Conn. The project is the largest lease in the county so far this year.
Parmenter Closes Office Fund with $1B in Buying Power
Parmenter Realty Partners has closed its fourth investment fund with more than $300 million capitalization, which will allow the company a $1 billion office property spree.
Suburban Boston Office/R&D Property Commands $93.5M
Real Estate Capital Partners USA Capital Trust sold the trophy asset at 174 & 176 Middlesex Turnpike in Bedford, Mass., to Cole Real Estate Investments.
Motorola Successor to Take Nearly 600 KSF at Chicago’s Merchandise Mart
Motorola Mobility, which was purchased by Google barely two months ago, has signed a lease for 572,000 square feet at the iconic Merchandise Mart in Chicago, the company and property owner Vornado Realty Trust announced late last week.
SL Green Sells Half its Interest in 717 Fifth Ave. to JV Partner Jeff Sutton
In a transaction that released $85 million in net cash proceeds, SL Green Realty Corp. restructured and recapitalized its joint venture at 717 Fifth Avenue in New York City.
N.J. Utility Renews 825 KSF Lease in Newark
Public Service Enterprise Group’s deal with Wells Real Estate Investment Trust II, owner of the 1 million-square-foot office high-rise at 80 Park Plaza, marks one of the Garden State’s largest-ever real estate transactions.
Manhattan's 200 Madison Ave. Holds onto Havas in 170KSF Lease Renewal, Expansion
More than a few major office tenants in Manhattan are choosing to stay put at their current addresses, and that is exactly what Havas Worldwide Health has decided to do.
Express Picks Flagship Locations on Two Coasts
The apparel retailer has leased 30,000 square feet in Manhattan’s Times Square and a 16,000-square-foot store in San Francisco’s Union Square.
Genomics Firm Leases 170 KSF in Manhattan
Owner Edward J. Minskoff Equities Inc. will create a $47 million building within a building for the New York Genome Center at 101 Avenue of the Americas.
Hudson Pacific Snags 125 KSF Tenant for Southern California Office Property
Hudson Pacific has staved off a potentially sizable gap in its tenant roster at City Plaza in Orange, Calif., courtesy of a new lease agreement with CashCall Inc.