Mid-Atlantic
Retail Properties of America Increases DC Presence with M-U Acquisition
Retail Properties of America has snapped up a neighborhood jewel for its portfolio.
Rubenstein, Nordblom to Transform Urban Neighborhood in Boston
For Rubenstein Partners L.P., building up its Boston portfolio appears to be an annual event.
Clarion, MHP Take to Manhattan’s Financial District
Clarion Partners and joint venture partner MHP Real Estate Services have become the proud new owners of the 1.2 million-square-foot Manhattan office tower at 180 Maiden Lane.
Madison Realty Shells Out Financing for M-U Project in Williamsburg
Madison Realty Capital gives its support to 55 Wythe Ave. by providing $81 million in financing for the mixed-use project.
Meridian Arranges $135M in Financing for World’s Tallest Holiday Inn
Meridian Capital Group has facilitated a $135 million mortgage for the refinancing of the Holiday Inn Manhattan-Financial District, on behalf of Sam Chang and Jubao Xie.
Toll Bros. Buys NYC Non-Profit Building for $135M
Toll Brothers can move ahead with development of another urban condo project now that it has closed on its purchase of 122 E. 23rd St., owned by United Cerebral Palsy of New York City.
PANYNJ Report: Sell Assets, Limit CRE Investment Not ‘Integral’ to Transportation
The Port Authority of New York and New Jersey manages a real estate portfolio with more than 12,000 acres of land as well as 45 million square feet of office, industrial and retail space. But unless those assets move people or cargo, they are soon likely to have a for sale sign slapped on them.
Federal Partners Closes on 400 KSF Northern Virginia Office Complex
Federal Partners, a co-investment joint venture with Spaulding & Slye Investments and the California State Teachers Retirement System, has added 400,000 square feet of suburban Washington, D.C., office space to its portfolio with the acquisition of Liberty Center.
Broad Street Development JV Buys M-F Portfolio Throughout Manhattan
A joint venture between Broad Street Development and Crow Holdings has acquired a two-property residential portfolio located between Manhattan’s SoHo and NoHo neighborhoods for $178 million.
Another Big One: Vornado Sells Manhattan’s 1740 Broadway for $605M
Manhattan continues to lead the pack as the town with the biggest big-ticket office transactions in the U.S., as the 600,000-square-foot building at 1740 Broadway fetches roughly $1,000 per square foot. Vornado Realty Trust was the seller.