Northeast
Vornado Realty Trust Refinances NYC Retail Property
The financing replaces an existing $205 million loan on a 78,000-square-foot Manhattan building occupied in its entirety by Old Navy.
JV Buys $83M NJ Distribution Center
ASB Real Estate Investments teamed up with Cohen Asset Management to purchase a Class A facility fully occupied by List Logistics.
Goldman Sachs JV Buys NJ Retail Center
Springfield Avenue Marketplace in Newark comprises 120,000 square feet and provides residents from the area—including students from four universities—a wide array of shopping and dining options.
Compass Adds New CFO
Kristen Ankerbrandt has 20 years of experience in the technology and media and telecommunications sectors. She previously served as a principal at The Carlyle Group.
New Locales Are Prime for Amazon’s Dual HQ
NetCMG’s Jonathan Hipp points to the market-wide shifts that are already occurring in the wake of the e-commerce giant’s rise, accelerated by the company’s decision to split its new headquarters.
Broadbridge Financial Signs Lease at Manhattan Tower
The global fintech firm will occupy 85,000 square feet at a 44-story, Fisher Brothers-owned building. The property underwent $25 million in capital improvements two years ago.
Endurance, Blue Vista Break Ground on PA Distribution Center
Construction has begun on the 125,125-square-foot build-to-suit facility, which is located off Interstate 81 in Northeast Pennsylvania and scheduled for delivery in the third quarter of 2019.
SunPower to Install Solar Parking Canopy for Cabot Corp.
The integrated solar parking canopy project is expected to produce enough electricity to offset approximately 20 percent of the facility’s energy needs thereby reducing Cabot’s grid energy costs.
The Camden Waterfront: NJ’s Next Rising Star?
Podcast: Anne Cummins of Liberty Property Trust shares details of the company’s $1 billion revitalization plan and its vision of the future.
NY Transit Agency Acquires Grand Central Terminal
The iconic Midtown Manhattan landmark and two commuter railroad lines are part of an approximately $35 million deal. The seller is a private holding company.