Northeast
Talonvest Arranges $15M Acquisition Loan
The company secured the financing on behalf of GoodFriend Self Storage, which added a 79,000-square-foot storage facility in Cutchogue, N.Y., to its portfolio.
Washington Prime Group Adheres to Solar Rooftop Systems
The retail REIT signed agreements with Safari Energy for the installation of 2.3 MW of solar arrays at coastal state shopping malls.
Welltower Adds to MOB Growth Spurt
The company has agreed to pay $140 million to buy a 270,000-square-foot complex in Berkeley Heights, N.J., from its tenant, which will continue its occupancy under a new 20-year lease.
Lincoln Equities Inks Flurry of Leases in New Jersey
Morgan Stanley was among the firms signing deals at three office complexes the company owns in Morristown.
WS Development Lands 580 KSF Tenant at Boston Seaport Project
The deal marks the city’s largest life sciences lease in almost a decade, with Foundation Medicine set to occupy the building’s entire lab and office section.
Cushman & Wakefield Brokers HQ Lease in Northern New Jersey
Executive Director Ben Brenner worked on behalf of tenant Fujitsu, while Broker MariaGrace Iantosca represented the owner of the newly repositioned 100,000-square-foot property.
CVS Building in Connecticut Changes Hands for $30M
Midwood Investment & Development sold the retail property, which is triple-net leased to the pharmacy giant through 2038. The area is one of the most prestigious retail corridors on the east coast.
Carr Properties Takes Majority Stake in 1 MSF Boston Project
After initially dividing ownership equally with National Real Estate Advisors, the company has increased its stake in the asset to 75 percent.
Chesapeake Agrees to Sell NYC Hotels for $138M
The two Hyatt-branded Manhattan properties are slated to change hands in September, prior to the trust’s prospective $2.7 billion merger with Park Hotels & Resorts Inc.
HFZ Starts Work on 600 KSF Manhattan Tower
The developer appears to be moving ahead with 29th & 5th, a 551-foot-tall project designed by Bjarke Ingels Group. Excavators and pile drivers are in use near the Empire State Building.