News

NYC Seaport Redevelopment Commands $390M

China Oceanwide Holdings paid a hefty price to acquire 80 South St. from The Howard Hughes Corp., with plans to create a 113-story tower.

Fingers Crossed, Chicago’s Old Main Post Office is Sold

IPDNA is reportedly in the process of selling the iconic, 2.7 million-square-foot property to a New York-based investment group.

Choice Hotels, CapStar Partner on Cambria Brand Project

Choice Hotels International entered into a joint venture with the CapStar Hotel Co. to expand its upscale Cambria brand across the U.S. and Canada.

Invesco, Simon Add to Trophy Case

The $1.1 billion deal for the Shops at Crystals will expand Simon’s considerable Las Vegas footprint.

KW Property Management Tapped for Brickell City Centre Reach and Rise Condo Towers’ Management

Swire Properties selected KW Property Management for management and accounting services for Brickell City Centre’s Reach and Rise condo towers.

LINX office building, Watertown, Mass. rendering

HFF Arranges $60M Loan for Class A Creative Office Development in Boston Area

LINX, a two story, 185,595-square-foot building located in Watertown, Mass., is slated for completion by early 2017.

300 Ballardvale St., Wilmington, Mass.

CBRE Hired as Leasing Agent for Three-Building Boston Portfolio

Berkeley Investments plans to further upgrade all three assets in order to reposition the office/flex portfolio within the competitive I-93 corridor.

Empire State Realty Trust Signs New Tenant at 250 W. 57th in NY

The insurance affiliate of Lighthouse Guild International has signed a lease with an ESRT property in the Billionaires’ Row neighborhood.

Mount Sinai Medical Center Foundation Names Jay Parker President

Mount Sinai Foundation named Jay Parker, the current CEO of Douglas Elliman Florida Brokerage, as president of the organization.

Transwestern Brokers Sale of Denver Retail Asset

A two-building retail center has changed hands in Wheat Ridge, Colo.