Northeast
Bentall Kennedy Buys MA Office Asset
NKF Capital Markets arranged the sale of the Class A property, one of seven buildings within Minuteman Park, a master-planned suburban campus totaling 1 million square feet.
STAG Buys 279 KSF Distribution Facility in Central PA
United Natural Foods is the sole tenant of the distribution facility located in York, Pa., which traded for $18 million.
NY Shopping Center Lands $19M Financing
The 123,073-square-foot Rosman Center, located in Haverstraw, N.Y., has ShopRite as its anchor tenant. NorthMarq Capital procured the loan on behalf of the borrower.
Las Vegas Sands to Sell Philly-Area Casino for $1.3B
Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians of Alabama, will acquire the property in Bethlehem, Pa. The transaction is scheduled to close by year’s end or in early 2019.
Kraft Heinz Sells 107-Acre Boston-Area Industrial Property
The development is situated on the northern outskirts of Boston and is one of the only sites in the area that can accommodate users from 300,000 to 700,000 square feet.
Pair of NJ Industrial Assets Commands $65M
Sitex Group recently developed one of the buildings and completely renovated the other. Both assets sit in the active New Jersey Port submarket.
C&W Arranges Sale of Manhattan Mixed-Use Building
The four-story asset located at 217 E. Third St., in the East Village, changed hands for $5.1 million. The estate of Michael Mendez was the seller in this transaction.
Levin Management Taps Controller
In her new role, Lai Lau will assist Paul Tavaglione, the firm’s vice president & CFO, with financial reporting and a variety of other functions.
StepStone Group Relocates Manhattan Offices
The private equity firm will occupy 30,000 square feet of space on Lexington Avenue to accommodate its business expansion. It has subleased its former location to a law firm.
HFF Secures $32M Financing for NYC Industrial Asset
Upon completion, the John F. Kennedy International Airport-area property will bring 300,000 square feet to Queens, offering easy access to the Port of New York and New Jersey.