Mid-Atlantic
Global Law Firm Signs 440 KSF Lease at Premier Rockefeller Center Location
Powerhouse global law firm White & Case has signed a long-term lease for 440,000 square feet at the Class A tower at 1221 Avenue of the Americas, also known as the McGraw-Hill Building, in Manhattan.
PM Hospitality Opens First Westin in Delaware
Wilmington, Delaware’s skyline is altered and its stature gets a boost with the opening of The Westin Wilmington. The brand new 180-room hotel, developed by a joint venture consisting of Buccini/Pollin Group and Westport Capital and managed by PM Hospitality Services, marks the debut of the Westin brand in the State of Delaware.
Vornado Completes $350M Refinancing of NYC’s 909 Third Ave.
Vornado Realty Trust has completed a $350 million refinancing of 909 Third Ave., a 33-story, 1.3 million-square-foot Midtown Manhattan office building.
USAA Develops 705 KSF HQ for National Science Foundation in Alexandria, Va.
San Antonio-based USAA Real Estate Co. has acquired from the Hoffman Co. the Alexandria, Va., site where a new 704,571-square-foot headquarters will be built for the National Science Foundation.
Saint-Gobain Inks 320 KSF Lease for New North American HQ
World’s largest building materials company Saint-Gobain has signed a long-term lease for 320,000 square feet of space at its new North American headquarters in Malvern, Pa.
Bijou Breaks Ground on $83M M-F Project in Hoboken
Bijou Properties joined partner Intercontinental Real Estate Corp. to break ground on a 135-unit residential project in Hudson County, which will cost $83 million to bring to fruition.
Soho Properties, MHP Join Hampshire Hotels to Create New Dream Hotel at Times Square
A development team comprising Soho Properties, MHP Real Estate Services and Hampshire Hotels Management has acquired 560 Seventh Ave. in Manhattan’s Times Square, which they will replace in a $300 million project with a new Dream Hotel and 20,000 square feet of luxury retail.
Fallon Co. JV to Develop 516 KSF Office Building in Boston’s Seaport District
Fan Pier, the $3 billion, 3 million-square-foot mixed-use development in Boston’s Seaport District, gets a boost with $204 million in construction financing for its latest tower, the 516,000-square-foot building at 100 Northern Ave.
Constellation Hotels Buys 80% Interest for $240M in InterContinental New York Barclay
Constellation Barclay Holding U.S. has acquired an 80 percent stake in the historic 685-room InterContinental New York Barclay in Manhattan from InterContinental Hotels Group for $240 million.
Blackstone Acquires Nationwide Select-Service Portfolio
The Blackstone Group has acquired a 15-hotel portfolio comprising 1,856 keys located in Alabama, California, Connecticut, Florida, Pennsylvania and metropolitan Washington, D.C., from OTO Development.