Northeast
NYC Office Tower Receives $342M Refi
NKF Capital Markets and Cooper-Horowitz closed the loan for the 617,300-square-foot Midtown Manhattan property, which last traded two years ago.
JV Buys Land for PA Industrial Spec Project
The project—dubbed PARK 309—will encompass 260,000 square feet of warehouse/industrial space, across two separate buildings. Completion is slated for the end of 2018.
PCCP JV Grabs Former NJ Johnson & Johnson Campus
The corporate campus spreads across 66 acres in Morris Plains, N.J., and two out of three buildings are awaiting redevelopment into high-tech office, lab and light industrial space.
Lee NYC to Lease Redeveloped Victoria Theater’s Retail Component
Upon completion, the former vaudeville house will bring 400,000 square feet of apartments, hotel as well as cultural and arts space to Manhattan’s Harlem neighborhood.
NYC Retail Portfolio Commands $55M
Marcus & Millichap worked on behalf of the seller—a longtime family owner—in the 19-property transaction and also procured the buyer, Chestnut Holdings.
Anchor Health Properties Grabs Suburban Boston MOB
The LEED Gold-certified asset is situated within Lahey Hospital & Medical Center’s campus and features a new conference center, recently upgraded interiors and landscaped entrances.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail recorded in May 2018 in New York City.
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in May 2018 in New York City.
Phoenix Investors Acquires PA Mixed-Use Asset
The 402,000-square-foot property in Athens is the former Ingersoll Rand manufacturing plant. The facility will undergo extensive renovations to become a Class A modernized property.
Boston-Area Arsenal Yards Development Receives $109M
The project will bring more than 1 million square feet of mixed-use space to Watertown, Mass. The first phase is currently underway, with completion slated for 2019.