Northeast
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in September 2018 in New York City.
Manhattan Office Project Lands $187M Construction Financing
The developers, a joint venture comprising Normandy Real Estate Partners and Columbia Property Trust, will use the loan for the construction of a $300 million project in Midtown South.
The Hampshire Cos. Brings New Storage Facility to CT
The company launched a 712-unit, climate-controlled facility located in Hartford, roughly 2 miles from the city’s downtown. Extra Space Storage serves as property manager.
Equus Capital Acquires Suburban Philly Office Building
The Class A asset serves as the U.S. headquarters for Endo Pharmaceuticals and is part of the newest office complex in the Malvern/Exton submarket, Atwater Corporate Center.
ICSC to Open New HQ in New York City
The global retail association will occupy a full floor at 1251 Avenue of the Americas, owned by Mitsui Fudosan America Inc.
SJP Properties Adds New SVP
Zachary Freeman has more than 20 years of commercial real estate experience and previously worked at Equity Office/The Blackstone Group and CBRE.
Transwestern Relocates, Expands NJ Office
The company moved to Lone Star Funds’ two-building office campus in Florham Park, where it has been handling leasing and property management services.
Coworking Operator Opens First Location in Manhattan
VillageOne signed a 4,000-square-foot lease on Broadway and will offer fully equipped creative space for freelance professionals spanning the fashion, design and photography industries.
Sammy Hagar’s Chain Opens First East Coast Restaurant
Cabo Wabo Cantina will occupy an entire 8,300-square-foot retail property on Midtown Manhattan’s Eighth Avenue corridor, which previously served as a Wahlburgers restaurant.
Meridian Capital Secures $40M Refi in Manhattan
The owner, Moinian Group, is set to redevelop three vacant buildings in the Financial District, on a site with more than 250,000 square feet of development rights.