Northeast
Lone Star Funds Sells New Jersey Office Asset
JLL Capital Markets arranged the sale of a Class A building at 180 Park Ave. in Florham Park.
Vornado Secures $500M Refi for Manhattan Tower
The financing package for PENN11 in Midtown retires a $450 million loan originated in 2013.
Top 5 Office Projects Under Construction in Brooklyn
Some 2.3 million square feet of office space was under development in the borough as of October, according to Yardi Matrix data.
Regus Extends Midtown South Office Lease
The coworking company will continue to occupy the fifth and sixth floors at 136 Madison Ave. through 2031.
SL Green Lands Tenant at New Trophy Tower
Hodges Ward Elliott signed a 10-year lease at One Vanderbilt, the REIT’s landmark $3.3 billion office building in Midtown Manhattan.
New Team to Reposition New Jersey’s 4.3 MSF Harborside
Mack-Cali Realty Corp. has assembled a group of industry experts from inside and beyond its walls to complete the transformation of the mixed-use office campus along Jersey City’s waterfront.
The RMR Group Promotes Jennifer Francis to EVP
The executive oversees asset management for the Nasdaq-listed firm, which has a more than 2,100-property portfolio.
Transwestern Kicks Off $50M New York City-Area Project
The company will renovate a 146,000-square-foot warehouse and build a 151,700-square-foot facility on the 16-acre site.
Binswanger Closes Pair of New Jersey Industrial Deals
Simmons Pet Food sold the properties outside Philadelphia to two separate buyers for a total of $18 million.
Xenia Hotels Sells Boston-Area Asset for $108M
The disposition of the 221-key Residence Inn Boston Cambridge marks an end to the REIT’s select-service holdings.