Northeast
Tech Office Leasing in NYC Continues at Torrid Pace
Office leasing in Manhattan by tech companies exceeded 1 million square feet for the ninth consecutive year, according to CBRE.
PNY Technologies Sells NJ Industrial Property
In a sale/leaseback deal arranged by Cushman & Wakefield, Turnbridge Equities and Harbor Group International have acquired a 540,103-square-foot building in Parsippany.
Daishin Securities Acquires NYC Office Tower for $195M
ASB Real Estate Investments sold the 21-story landmarked Midtown office asset on behalf of its $7.3 billion Allegiance Fund, its core investment vehicle.
MP Boston Begins Construction on $1.4B Mixed-Use Tower
The company broke ground on Winthrop Center, a next-generation development that will bring office space, residential units, retail, dining and commercial space to downtown Boston.
L&L Holding JV Buys Terminal Stores in NYC for $880M
The partnership will transform a self storage space at the historic 1.2 million-square-foot property in West Chelsea into a state-of-the-art office and retail asset.
NKF Hires New EVP for Valuation Practice
Marc Shapiro will be responsible for team management, growing the practice and managing compliance to complex international regulatory agency standards and driving revenue.
On the Market: 5 Interesting Listings for October
This month’s listings include a CVS Pharmacy store in Michigan, a vintage multifamily asset in Richmond, Va., and a recently renovated flex building in Miami.
SunPower’s 1.7 MW Project Powers Bose’s Global HQ
The fixed-tilt, ground-mount solar system in Framingham, Mass., will reduce Bose’s traditional grid electricity consumption over the next 20 years.
WeWork Takes Full-Building Office Lease in Manhattan
The deal marks the shared office provider’s third lease at a Columbia Property Trust-owned building in the borough. The two companies intend to convert the 102-year-old property into boutique office space.
Boston Mixed-Use Building Commands $107M
In a deal arranged by NKF, The Rockpoint Group acquired the 192,890-square-foot property, which serves as headquarters for the Boston Celtics, two divisions of TripAdvisor and Oxfam America.