Mid-Atlantic
SL Green Shells Out $173M for Premium Manhattan Office Buildings
SL Green Realty bought two adjoining properties on Sixth Avenue from Atlas Capital Group, totaling 47,000 square feet of office real estate.
Chrysler Inks Lease for 110 KSF in Manhattan’s Auto Row
Chrysler has signed a lease for a new auto showroom and service space at 629 W. 54th St. in the Big Apple.
Summit to Purchase 8-Hotel Hyatt Portfolio for $87M
Summit Hotel Properties REIT signed a deal with affiliates of Hyatt Hotels Corp. to buy a group of eight Hyatt lodging destinations for $87 million.
137-Unit Suburban Boston Apartment Trades for Reported $40M
Wellington Place, a Class A property in Medford, Mass. has come under new ownership.
Prestige Refinances 517 KSF Bronx Retail Center for $210M
Prestige Properties refinanced its Bay Plaza Community Center inside a Bronx, N.Y., shopping center as part of a strategic decision.
Life Time Fitness Purchases a 232 KSF Office/Distribution Building in NY
Life Time Fitness bought an office/distribution building in Harrison, which it plans to raze, and build a state-of-the-art fitness center on the 24-acre site.
NYC’s Essex House Sells to Strategic Hotels for $362M
Strategic Hotels in a JV bought the famous Essex House Hotel in Manhattan’s Central Park South for a whopping $362 million.
$243M Financing Package Arranged for Trophy Office Building in DC
Republic Properties refinanced Portals III, a premier office tower in Washington D.C., for $243 million.
Harbor Group Sells Suburban DC Apartment Complex to County for $90M
A Harbor Group affiliate has sold Hamptons at Town Center, a 768-residence apartment community in Germantown, Md.
Hampshire Sells 1 MSF Self-Storage Portfolio to Extra Space
The Hampshire Cos. sold a 1 million-square-foot portfolio of Class A self-storage facilities in New York and New Jersey to Extra Space Self-Storage.