Northeast
Nightingale Properties to Buy Coca-Cola Building for $907M
The soft drink giant put the Manhattan property up for sale late last year, enlisting Cushman & Wakefield to market the historic asset.
Knotel Expands Manhattan Presence
The flexible office space provider added 80,650 square feet in the downtown area, signing a new lease at a 32-story office tower.
Cosentini Associates to Relocate Manhattan HQ
The Tetra Tech company will take 60,000 square feet at 498 Seventh Avenue. A George Comfort & Sons joint venture owns the 25-story office building.
Bank of America Renews 545 KSF Lease at Boston Tower
Boston Properties inked a 15-year agreement at 100 Federal Street in the city’s financial district. The tenant’s contract was scheduled to expire in 2022.
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.
Greater NYC Area Leads U.S. in Retail Construction
While new building activity declined in the five boroughs over the last few years, it increased in the suburbs, according to a new report by the New York Building Congress.
Pittsburgh Industrial Portfolio Trades for $38M
CBRE represented the seller, Bentall Kennedy, in the sale of the seven-building industrial portfolio. The properties include approximately 408,000 square feet of space located near the city’s downtown.
RFR Buys Manhattan Asset for $123M
ASB Real Estate Investments sold the historic building at 875 Washington St. in the Meatpacking District on behalf of its Allegiance Real Estate Fund.
SmartStop Acquires NJ Storage Facility in $30M Deal
Levin Johnston of Marcus & Millichap facilitated the sale-leaseback of the 1,777-unit property in Newark, N.J.
Mericle Adding 6 Industrial Buildings in Pennsylvania
Located within the CenterPoint Commerce & Trade Park in Jenkins Township and Pittston Township, the speculative buildings will encompass 802,000 square feet.