New York
Times Square Office Tower Gets 2 New Tenants
Knotel and Poke Signature will occupy office and retail space, respectively, at the 20-story 9 Times Square, which was recently repositioned by owner American Realty Capital New York City REIT.
SL Green, RXR to Buy Stake in NYC’s Worldwide Plaza
The joint venture will become co-owner of the 2 million-square-foot mixed-use property with the acquisition of a 48.7 percent interest from New York REIT. The deal values the trophy asset at more than $1.7 billion.
New York—A Matter of Life and Science
New York received its invitation to join the biotech cluster club – the guest list also includes San Francisco, Boston and San Diego. However, Transwestern’s newest report reveals if the city has what it takes to be a full-time member.
Levin to Manage 2 NJ Shopping Centers
Levin Management Corp. will manage the Mill Creek at Harmon Meadow in Secaucus and the Flemington Marketplace in Flemington. The two shopping centers total some 550,000 square feet combined.
Monday Properties Taps New SVP
Former Gramercy Property Trust Senior Vice President Evan Dreilinger will bring more than 18 years of varied real estate experience to the company.
Pennrose Secures $171M for NJ Arts Center
The funds ensure the firm’s continued public-private partnership development of the 450,000-square-foot New Brunswick Performing Arts Center, which will feature mixed-income apartments, office space, and two theater venues.
Anchor Health Acquires $23M MOB
The company purchased the 71,401-square-foot Cross Street Medical Center in Norwalk, Conn. Newmark Knight Frank represented the seller, Marcus Partners, in the transaction.
Kaufman Expands Midtown Manhattan Portfolio
The firm acquired an 80,000-square-foot office building through a 99-year ground lease, with plans to complete a multimillion-dollar renovation.
JV Secures $73M for NYC Redevelopment
APF Properties and Drake Street Partners tapped CBRE to arrange acquisition and redevelopment financing for 163 Varick St. in Manhattan.
Renovated NJ Office Asset Lands New Tenants
Fusion Telecommunications International and Acuative inked two leases totaling 22,000 square feet of office space at the Highpoint Corporate Center in Fairfield, N.J.