New York
Prologis Inks 10 Leases at NJ Office/Flex Facility
The transactions encompass seven office leases totaling 31,725 square feet and three industrial leases counting 12,020 square feet. Tenants include Panalpina Inc., Hexim Pharmaceuticals and Public Service Enterprise Group.
Terreno Acquires NJ Industrial Asset for $16M
The property is in close proximity to Newark Liberty International Airport and Newark Port and was vacant at the time of the transaction.
NYC Benchmarking Law Tracks Energy Efficiency
Starting with 2018, owners of buildings measuring 25,000 square feet and larger need to submit reports to EPA’s Energy Star Portfolio Manager.
Aetna to Relocate HQ to Manhattan
The health care insurance giant will move its headquarters from Hartford, Conn., to Vornado Realty Trust’s upcoming 61 Ninth Ave., a Class A office building targeted for completion this year.
Avison Young Scores Retail Assignment for Manhattan Asset
Executive Managing Director Jedd Nero will lead a five-member team in leasing some 60,000 square feet of retail space at Two Herald Square in Midtown Manhattan.
Business Insider Inks 88 KSF Lease in Lower Manhattan
The company will occupy the entire eighth and ninth floors at 1 Liberty Plaza, a 54-story office building owned by Brookfield Property Partners.
Suffolk to Head Construction of Coney Island Development
The company was tapped by Cammeby’s to oversee construction of a 42-story residential tower, parking, a 50,000-square-foot community facility and more than 100,000 square feet of retail space.
Alex O’Connor Joins L&L Holding Co.
After two years with AR Global, O’Connor has joined the firm as an acquisition associate. He will oversee the valuation, strategy and execution of new investments for L&L.
Katz’s Deli Leases 30 KSF in NJ
The firm, a landmark of the New York City culinary scene, plans to expand its business by opening a new location at a 145,000-square-foot industrial building in Carlstadt, N.J.
Alphapointe Buys Warehouse, Relocates to Queens
The non-profit organization purchased a 138,000-square-foot brick warehouse in the borough’s Richmond Hill neighborhood. The property will serve as its administrative offices, manufacturing and distribution facility, and call center.