Northeast
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.
Bulfinch Begins Work on 270 KSF Office/R&D Project in Cambridge
The new development is rising in Greater Boston’s most sought-after lab location and will consist of two separate bases, with 42,000-square-foot floor plates.
NJBPU Approves Community Solar Energy Pilot Program
The three-year initiative is an essential component of Governor Murphy’s clean energy agenda, which aims to reach 100 percent clean energy by 2050.
CIM, fifteenfortyseven Acquire Data Center in Orangeburg, NY
The data center is positioned for growth, with entitlements and permits for a 50-megawatt substation and an additional 230,000-square-foot expansion of the building.
Governor Cuomo’s Green New Deal
Included in the 2019 Executive Budget, the plan focuses on transitioning to clean energy, an initiative set to boost New York’s green economy.
State Street to Relocate HQ to Boston’s One Congress
The global financial services firm signed a 510,000-square-foot lease at the upcoming building, part of the six-property Bulfinch Crossing development.
Tishman Speyer Inks Axonic Capital to Manhattan Lease
The investment advisor is set to occupy an entire floor at 520 Madison Ave., a 1 million-square-foot Midtown Manhattan office tower. Cushman & Wakefield negotiated the deal.
NJ Turnpike Industrial Facility Lands New Tenant
NAI James E. Hanson negotiated a 13,600-square-foot lease for HVCAR supplier Johnstone Supply in Cranbury Township. The facility is part of New Jersey’s Exit 8A industrial market.
Tishman Speyer Completes Leasing at 1.2 MSF NYC Office Project
Macy’s and New York-Presbyterian signed agreements totaling 328,000 square feet, bringing the property to full occupancy months in advance of its opening.