Mid-Atlantic
Tishman Speyer Grabs 153 KSF DC Office Building
Tishman Speyer has bought is 2000 K St., N.W., an eight story, 153,212-square-foot corner office property located in Washington’s Central Business District.
Mount Vernon Co. Opens $125M M-F Residence in Boston
The Mount Vernon Co. has developed The Edge, a new 79-unit multi-family property designed by Prellwitz Chilinski Associates, as the latest addition to the six-building, 500-unit Allston Green District in Boston.
Shorenstein Acquires 717 KSF M-U Property in Boston
Shorenstein Properties has acquired Center Plaza, a 717,100-square-foot, transit-oriented mixed-use property in downtown Boston for a reported $307 million.
Arden Group Acquires 254 KSF Class A Office Property in West Conshohocken, Pa.
Arden Group has acquired 100 and 200 Four Falls Corporate Center, a 254,000-square-foot, Class A office property in West Conshohocken, Pa., that was in receivership.
Laurus Buys 25-Story Office Tower in Baltimore’s CBD
Los Angeles-based private real estate investment and development firm Laurus Corp. has purchased its first Baltimore office building with the acquisition of 294,274-square-foot 36 S. Charles St.
Capri Acquires Stamford Luxury Residential Building for $135M
Capri Capital Partners has acquired 101 Park Place at Harbor Point, a Class-A core multi-family asset located in Stamford, Conn., on behalf of an institutional investor.
ASB Acquires 4 Retail Properties in Boston for $91M
ASB Real Estate Investments, acting on behalf of its $3.1 billion Allegiance Real Estate Fund, recently joined forces with real estate firm Blatteis & Schnur to plunk down $91.2 million in cash on the acquisition of a collection of four retail-office buildings totaling approximately 51,250 square feet in the ritzy Back Bay neighborhood of downtown Boston.
Marriott Opens Tallest Hotel in NYC
Double good news for Marriott International: Not only did it officially open its doors yesterday to the tallest hotel in New York – a 68-story property that climbs nearly 753 feet into the skyline at Broadway and 54th Street – but also the combination Courtyard by Marriott/Residence Inn joined a growing trend of dual-branded hotels nationwide.
Rockpoint, Fisher Bros. Buy 50% Stake in 2 NYC Office Towers Totaling 3 MSF
Fisher Brothers now has a new partner in the ownership of 1345 Avenue of the Americas and 605 Third Ave., two Class A office high-rises totaling 2 million square feet in Midtown Manhattan.
Federal Capital Partners Pays $61M for 184 KSF Office Property in DC Suburb
One Preserve Parkway, a seven-story, 183,667-square-foot trophy office tower in Rockville, Md., has been acquired for $61 million by Federal Capital Partners.