Business Specialties
LEGOLAND Takes NY by Storm
The $350 million amusement park will be located in Upstate New York’s Goshen and will open in 2020, offering educational programs for children.
Hines to Break Ground on Mexico City Logistics Center
Phase One of Convento CityPark comprises three buildings, totaling more than 1 million square feet, which will offer newly constructed cross-dock and front-load configurations.
C&W Arranges Office Relocation to Miami’s Doral Court
According to Cushman & Wakefield research, this qualifies as the largest office relocation lease of 2017 in Miami-Dade, Palm Beach and Broward counties.
Jernigan To Break Ground on NJ Self-Storage Facility
The company has expanded its self-storage portfolio with a $14.7 million investment in North Bergen. The facility will offer 68,000 square feet rentable space.
Software Company Expands Suburban Boston Lease
Aras Corp. is relocating from its 27,772-square-foot space at the Andover Landing at Brickstone Square office park in Andover, Mass., and will now take over 65,298 square feet in another building on the same campus.
M&T Bank, Natixis Co-Lead $195M NYC Office Refi
SL Green, New York City’s largest office landlord, and PGIM, the global investment management arm of Prudential Financial, purchased Tower 46 in 2014, with the help of a bridge loan from Wells Fargo.
South SF Office/R&D Campus Welcomes New Tenant
Corbion will move into the South Tower of Genesis, a two-building research and development/office campus in South San Francisco, at the beginning of November. The new tenant will relocate nearly 50 employees.
Olayan, Chelsfield Unveil $300M NYC Office Reno Plan
550 Madison Ave. in Midtown Manhattan will undergo modernization to its interior spaces, as well as adding high-quality amenities, world-class retail and restaurants. The renovated property is targeting LEED Gold certification and will be ready for new tenants in 2019.
ATCO-Migdal JV Snags Manhattan Office High-Rise
The 18-story building is situated in the Garment District, just steps away from Penn Station and Herald Square. Fashion designers Jason Wu, Thom Browne and Reem Bridal, along with media group Newsday, are among the property’s tenants.
Transwestern: Autonomous Vehicles to Shape CRE
Driverless cars will one day be ubiquitous, and their presence will have a tangible effect on the urban landscape, changing development activity in the office, industrial and retail sectors.