Northeast
Hampshire Cos. to Transform NJ Building to Self Storage
The firm acquired an iconic century-old property in Elizabeth, with plans to redevelop it into a 100,000-square-foot facility.
107-Key Boston-Area Resort Changes Ownership
Newport Hotel Group purchased Nantasket Beach Resort in Hull, Mass. An HFF investment advisory team has brokered the transaction.
Avison Young Brokers Manhattan Retail Lease
Midtown Hardware will occupy roughly 3,500 square feet at a property that The Episcopal Church owns in Midtown East. The 11-story building also includes office space.
Toll Brothers Relocates PA Headquarters
The company leased an entire 163,000-square-foot office building in Fort Washington, Penn., and will move its 900 employees in the fall.
Vornado Completes $168M Manhattan Office Refi
The newly constructed 170,000-square-foot property in the Meatpacking District had been fully preleased before completion. Aetna took the office space, while the property also features one of the world’s largest Starbucks.
Challenges Facing the New York City Retail Market
In an exclusive podcast interview, Lee & Associates’ Peter Braus talks about the proposed vacancy tax on landlords, the uses doing well right now and the changing nature of retail.
Biotech Company to Locate HQ in Boston’s Seaport District
Akouos will occupy 37,500 square feet of lab space at 645 Summer St. CBRE worked on behalf of both the tenant and the landlord.
Greystone Names New York MTA Project Executive
Jerry Del Tufo will be in charge of the company’s advisory team handling management and accounting services for the Authority.
On the Market: 5 Interesting Listings for January
This month’s listings include an historic property in Austin, Texas; a recently renovated hotel in the Minnesota suburbs; and a retail asset in the San Fernando Valley of Los Angeles.
Endurance Real Estate Acquires $24M Industrial Asset
The property is situated within a short distance to interstates 95, 295 and 276. Previous ownership renovated the property in 2018 and renewed long-term leases for the three tenants.