Northeast
NYC Market Update: Development Increases YOY
Pandemic-induced uncertainty didn’t entirely intimidate investors, as the market’s under-construction office stock ticks up, according to CommercialEdge.
W. P. Carey Enhances Portfolio With $170M in Asset Purchases
In separate transactions, the net lease REIT has acquired three industrial facilities and a student housing property.
Staten Island’s Industrial Past Shapes Its Future
Ariel Property Advisors Director John Higgins on factors driving the New York City borough’s elevated growth.
Logistics Property Co. Lands Tenant for 750 KSF Industrial Project
The company has preleased its speculative development in Mount Pocono, Pa., four months ahead of completion.
Remedy Medical Pays $55M for Boston-Area MOB
Newmark assisted the seller and also procured the buyer for the nearly 70,000-square-foot property.
Developer Lands $44M for Manhattan MOB Project
JPMorgan Chase provided financing for the 12-story development underway in Central Harlem.
Savanna Secures $264M in Financing for Brooklyn Project
The office and retail tower broke ground late last year and is being constructed to LEED Gold and Well Silver standards.
WatermanCLARK to Manage Manhattan High-Rise
The months-old firm, formed by industry veteran executives Ric Clark and Philip Waterman III, will oversee property and construction management at 444 Madison Ave. in Midtown.
Mack-Cali Unveils Latest Phase of Jersey City Waterfront Campus
The company previewed Harborside 1, a redeveloped office building along the Hudson River.
Duke Realty Signs Apparel Importer at New Jersey Warehouse
The company’s facility in South Brunswick is now fully leased.