Northeast
NKF Expands Philadelphia VAS Team
The Valuation & Advisory group rapidly grows nationally and locally. NKF’s Philadelphia office hired two veterans with approximately 45 years of combined real estate experience.
SL Green to Sell NYC Office Condo for $633M
Along with joint venture partner Ivanhoé Cambridge, the REIT will sell the 674,000-square-foot building to an institutional client of Invesco Real Estate.
Ginsburg Development Acquires NY Office Complex
The firm purchased the property from Robert Martin Co. and plans to convert it into a mixed-use development that will offer office, retail, restaurants and residential units.
Tishman Speyer Lands $1.8B for New NYC Office Tower
After securing biopharmaceutical company Pfizer as an 800,000-square-foot anchor tenant at The Spiral, the developer reeled in financing from Blackstone Mortgage Trust for the construction of the 2.8 million-square-foot high-rise.
Lightstone Buys Queens Hilton Garden Inn
The 183-key hotel was completed in 2015 and is LEED Certified. The acquisition will be a joint venture between the company’s REIT II and REIT III.
Mack-Cali Sheds Large Business Park in NJ
Monmouth Shores Corporate Park in Wall Township, N.J., comprises five single-story flex assets and three office buildings housing the county’s largest employer.
NKF Capital Markets Arranges $97M Loan for NJ Office Asset
Rubenstein Partners teamed up with Vision Real Estate Partners to acquire a 700,000-square-foot building in Parsippany, N.J. The partnership plans to renovate the Morris Corporate Center through a capital improvements program.
Empire State Inks Full-Floor Lease at Manhattan Office Asset
The Nespresso brand will occupy 41,800 square feet at 111 W. 33rd St., which had its lobby, elevators and entryways recently renovated.
Skanska Appoints new SVP in PA Office
In his new role, Todd Lofgren will oversee the account management team, train new employees and develop the office’s regional strategy.
Boston Office Complex Welcomes New Tenant
Salsify Inc. announced its relocation from 3 Center Plaza to Rockpoint Group’s two-building 75-101 Federal St. property to accommodate its growth.