New York
Avison Young Brings NJ Office Asset to Full Occupancy
Hitachi Chemical Advanced Therapeutics Solutions signed a 50,000-square-foot lease at Loeb Partners Realty’s facility in Allendale, N.J.
New Fairfield Inn & Suites Opens in Manhattan
Crescent Hotels & Resorts will manage the 192-key asset in Lower Manhattan. The hotel features an open lobby, fitness center, work area and other amenities.
ShopOne Enters NYC MSA
The company acquired Oak Park Commons, a 139,717-square-foot grocery-anchored shopping center in South Plainfield, N.J., continuing its plan to diversify the geographic makeup of its portfolio.
Laidlaw & Co. to Relocate NYC Offices
The investment banking firm has signed a 10-year lease for more than 20,000 square feet of office space in a prime Midtown Manhattan location.
JLL Report: Most Expensive Streets 2017
Office tenants—particularly those in the financial, legal and technology industries—remain willing to dole out the big bucks for premier space on the most coveted boulevards across the country.
Genesis Buys NJ MOB
R.A.F. Realty of Hackensack LLC sold a medical office unit located at 160 Overlook Ave. in Hackensack, N.J. NAI James E. Hanson arranged the transaction.
Executive Spotlight: John Santora, Cushman & Wakefield
From an engineer’s helper to president of the tri-state region, John Santora has been with C&W for more than 40 years. Along the way, he took on several leadership positions and overcame challenges brought on by the company’s expansion.
M&T Bank Sells Pair of NJ Office Assets
The assets total 92,000 square feet and previously changed hands when M&T Bank purchased them through the acquisition of Hudson City Savings Bank in 2015.
Spaces Opens Flagship Location in Manhattan West
The co-working firm plans to occupy 103,000 square feet at Brookfield’s The Lofts at Manhattan West, marking the company’s largest U.S. lease to date.
NJ Office Asset Lands $66M
Cushman & Wakefield negotiated the terms of the 10-year, fixed-rate financing provided by Morgan Stanley Bank N.A. One Newark Center is a Class A, 423,028-square-foot office building in Newark’s CBD.