Mid-Atlantic
C&W Inks Deal with Microsoft for Manhattan Flagship Store
The Microsoft Corp. has agreed to sign a lease for a flagship store at 677 Fifth Ave. in Manhattan, occupying the entire ground through fourth floors and a portion of the lower level of the building.
Brookfield Places Winning Bid for Atlantic City’s Bankrupt Revel
It looks like Atlantic City is back to having nine casinos. Brookfield Asset Management came out on top of Tuesday’s auction of the long-troubled hotel and casino Revel Atlantic City.
Cornerstone Grabs 368-Unit M-F Community in Stamford, Conn.
Cornerstone Apartments Property Owner has acquired Cornerstone at Bedford, a 13-story apartment community in Stamford, Conn., for $75 million from Fairfield Bedford.
Tishman JV Buys Historic Midtown South Building
A joint venture between Tishman Speyer and The Cogswell-Lee Development Group has purchased 183 Madison Ave., an Art Deco office building in Manhattan’s Midtown South office district.
Durst JV Invests $1.5B in Astoria, Queens
Best known for developing and managing Manhattan office towers, The Durst Organization is investing $1.5 billion in a residential and retail development at Hallets Point on the Astoria, Queens, waterfront.
Post Properties Exits NYC, Sells 2 M-F Assets for $270M
Post Properties Inc. has bid adieu to the Big Apple with the disposition of Post Luminaria and Post Toscana, two luxury apartment communities featuring an aggregate 337 units.
Venable Pre-Leases 250 KSF in New Washington Office Building
In the first quarter of 2017, Venable L.L.C., a national law firm, will move its Washington, D.C., headquarters to a building under construction at 600 Massachusetts Ave., N.W.
Executive Insights: Daniel Kline, Delancey Street Capital
Daniel Kline, founder of Delancey Street Capital, talks about the Baltimore Class B and C multi-family market.
Akridge, Mitsui Fudosan Complete 170 KSF Office Project in Washington, D.C.
Akridge and Mitsui Fudosan America have just opened the doors of the new 1200 Seventeenth St., N.W.
Metro Washington Data Center Goes to JV in $188M deal
Affiliates of Digital Realty Trust and Griffin Capital Essential Asset REIT embark on a joint venture to acquire a data center in Virginia.