Northeast

Boston-Area Industrial Property Commands $51M

Service Properties Trust will use the proceeds from the sale of the 675,000-square-foot building in Canton to repay debt.

Philadelphia Commercial Real Estate Wrap-Up – May 2020

Independence Blue Cross to buy $360 million tower. University City project comes to a halt. Catch up on our May list of Philadelphia must-knows.

TikTok’s Manhattan Lease Ends COVID Cold Spell

The app’s Beijing-based parent company inked a 232,000-square-foot deal with The Durst Organization, owner of the 48-story One Five One, a Midtown office tower.

Children’s Aid Sells Manhattan Office Building

Habib American Bank purchased the seven-story property, which will become its new headquarters.

Cushman & Wakefield to Lease 144 KSF New Jersey Office Portfolio

Managing Director William O’Keefe and Director Kelsey Nakamura will work on behalf of owner Advance Realty Investors.

NAI Hanson Closes New Jersey Office Lease

Adamas Building Services will occupy 3,000 square feet at 75 Orient Way in Rutherford.

Duke Realty Builds 615 KSF Build-to-Suit in Lehigh Valley

Work is nearing completion on Central Logistics Park 100, a custom-built warehouse in Myerstown, Pa.

Innovation Park in Andover, Mass.

IQHQ Acquires Metro Boston Life Science Campus

The REIT expanded its presence in the area with the $35.9 million purchase of Innovation Park in Andover, Mass.

New Jersey Industrial Facility Scores $20M Refi

Working on behalf of Elberon Development Group, JLL arranged the 20-year, fixed-rate loan.

Philadelphia Industrial Property Trades for $9M

The Hampshire Cos. has sold the 86,315-square-foot property to Mountain Development Corp.