Mid-Atlantic
Building and Land Technology Acquires 372 KSF Office Park in Westport, Conn., for $130M
Building and Land Technology has acquired Nyala Farms Corporate Center, a 372,207-square-foot office park on 53 acres in Westport, Conn., for $130 million.
Thor Equities Closes on Manhattan’s 685 Fifth Ave.
Thor Equities has closed on its purchase of 685 Fifth Ave., at the corner of Fifth Avenue and 54th Street in Manhattan.
BNY Mellon Takes 350 KSF at Brookfield’s Downtown NYC Complex
BNY Mellon has signed on for 350,000 square feet at 225 Liberty St., one of the five office towers in Brookfield Office Properties’ 8 million-square-foot Brookfield Place complex, formerly known as the World Financial Center.
Goodman Birtcher to Develop $350M Industrial Logistics Center in Linden, NJ
Goodman Birtcher has received entitlement approvals for Goodman Logistics Center Linden, a proposed $350 million logistics center in Linden, N.J.
Port Authority Votes to Advance Construction of 3 WTC
Silverstein Properties’ $2.3 billion development of the 2.5 million-square-foot 3 World Trade Center office tower takes a long-awaited step forward as the Port Authority of New York and New Jersey’s board of commissioners green lights a revision of the 2010 financial agreement between the two parties.
Ivanhoe Cambridge JV Buys 49% Stake in Downtown Manhattan Property for $150M
Ivanhoe Cambridge has added to its New York City office holdings with the acquisition of a 49 percent stake in 330 Hudson in Manhattan for $150 million.
Hard Rock Partners with NYS Funding on Casino Plan in Rensselaer, N.Y.
Hard Rock International has joined NYS Funding L.L.C. in the bid to build a casino, the Hard Rock Hotel & Casino, along the Hudson River, in Rensselaer, N.Y.
Starwood Retail to Buy 7 Taubman Malls for $1.4B
Starwood Capital’s two-year-old retail affiliate agrees to acquire properties in Virginia, South Carolina, Florida, Texas and Michigan.
Grainger to Erect 1.3 MSF Distribution Center in NJ
Leading industrial supply distributor Grainger Inc. has bought 96 acres of land in Bordentown Township, N.J., with plans to develop what will be the largest distribution facility in the state.
Core and Value Advisors Buys 108-Unit M-F Property in Wilmington, Mass.
Core and Value Advisors has purchased Metro at Wilmington Station, a 108-unit apartment community located in Wilmington, Mass., from a joint venture between EA Fish Development and Real Estate Capital Partners.