Mid-Atlantic
NYRR to Purchase 149 KSF NYC Office Tower for $65M
American Realty Capital New York Recovery REIT Inc. has been doing quite a bit of buying over the last couple of months and now it is on the verge of adding a fully leased Manhattan office property to its portfolio.
Cassidy Turley Secures $181M Permanent Financing for Trophy Office Building in DC
Cassidy Turley secured a $181 million permanent financing loan for Washington, D.C.’s newest trophy office development, 1000 Connecticut Ave., a 12-story, 382,988-square-foot building located in the city’s CBD overlooking the White House.
Vornado’s Sale of Philly Property Tied to Mall Redevelopment
Although Vornado is staying mum, and the chaos wrought by Hurricane Sandy didn’t help, the substance behind the REIT’s announcement earlier this week that it was selling four buildings is becoming clearer.
Cole Capital Purchases 440 KSF Richmond Shopping Center for $68M
Cole Real Estate Investments has been busy snapping up premier retail assets in the suburbs of secondary markets all year, and White Oak Village in Richmond, Va., is its latest acquisition.
Sandy Hits CRE via Power Outages, Flooding
By Anna Spiewak, News Editor: Hurricane Sandy may have visited the tri-state area for only a span of one day, but the aftermath of damage cleanup will last for weeks, according to some.
JLL to Head Leasing for 201 KSF NJ Office Building
Accordia Realty Ventures tapped Jones Lang LaSalle to serve as the exclusive leasing agent for the Greenbrook Executive Center in Fairfield, N.J.
Two Connecticut M-F Properties Reel in $96M in Financing
LCOR has secured $96 million in financing for Greenwich Place and Greenwich Oaks two apartment communities offering an aggregate 396 units in Greenwich, Conn.
CNN’s DC Home Trades for $107M
The 298,500-square-foot office building at 820 First St. in the northeast sector of Washington, D.C., has come under new ownership.
Inland Diversified JV Buys Stake in 396 KSF Connecticut Retail Center
Inland Diversified Real Estate now owns a majority interest in The Crossing at Killingly Commons in Dayville Conn., having teamed up on the purchase of the 395,500-square-foot shopping center with Dayville Unit Investors L.L.C., an affiliate of the seller.
SL Green to Trade Minority Stake in 521 Fifth Office Building for $72M
The REIT signed an agreement to sell a 49.5 percent equity interest in the office property at 521 Fifth Ave. to Plaza Global Real Estate Partners for $72 million.