Northeast
Boston-Area Flex/R&D Complex Lands $21M Loan
Parsons Commercial Group has acquired the 330,000-square-foot Chiswick Park, for $27.5 million. Berkadia secured acquisition financing for the five-building office and industrial ensemble.
How Does Supply Shortage Impact the NYC Retail Sector?
A new Marcus & Millichap report highlights how modest development activity, healthy population and job growth in the Big Apple affected retail vacancies and rents.
Caerus Group Retrofits Former Long Island City Facility
The fully renovated office building in the heart of the city used to be a jewelry manufacturing plant. Newmark Knight Frank announced the market debut of the new property.
Trammell Crow Adds New VP in Philadelphia
In his new role, Michael Wilson will manage the Northeast metro business unit’s operations. He has more than 18 years of experience in the healthcare and real estate development sectors.
CBRE/New England Arranges Sale of RI MOB
Built in 1976, the 20,694-square-foot medical office building was renovated in 2016 and is currently 80 percent occupied.
HFF Arranges $10M Financing for NJ Storage Development
The company has secured the loan through the Bank of New Jersey for the construction of a 925-unit self-storage facility located in Nutley, N.J.
Manhattan to House Convene’s Largest Location
The flexible workplace provider will occupy four floors within the Brookfield Properties-owned One Liberty Plaza., joining tenants like Aon, Business Insider and New Avon.
ANSYS Expands Pittsburgh HQ Space
The company will be leasing an additional 31,000 square feet at Zenith Ridge in Southpointe II, a luxury office campus, where it currently occupies 186,000 square feet.
AICPA to Relocate Central Park District Office
The financial organization is set to occupy roughly 30,000 square feet on the 27th floor of Fisher Brothers’ 2 million-square-foot office high-rise.
Long Island Office Asset Lands $17M Financing
The building comprises nearly 120,000 square feet and underwent an adaptive reuse conversion from data center to office in 2006.