Northeast
Class A Office Building Lands 173 KSF Tenant in CT
The 264,500-square-foot property is part of The Towers at Merritt River, an office campus in Norwalk. FactSet will occupy more than half of the building with the relocation of its global headquarters.
NAI Hanson Completes Sale of NJ Flex Property
T&M Realty Associates purchased the 2,800-square-foot, mixed-use building in Hackensack from Voorhis Associates. The deal included 0.3 acres of land.
AEW Buys $53M MA Office Asset
Located at 101 Station Drive in Westwood, the 208,134-square-foot office property is currently 100 percent leased to eight tenants and recently underwent a multimillion-dollar renovation.
Tech Firm Inks 10-Year, 3-Floor Manhattan Lease
The 20-story Class B office tower, situated in the Flatiron District, is currently undergoing significant capital improvements, expected to be complete in spring 2018.
Sky Management Buys $18M Industrial Building in CT
Neighboring the company’s first purchase in the state, the 358,000-square-foot manufacturing and warehouse property houses key facilities for Fosdick Fulfillment Corp. and Medline.
Lightstone’s Chelsea Moxy Hotel Tops Out
In partnership with Marriott, the company plans to open a total of four Moxy properties in New York City. The 349-key Chelsea hotel is slated for delivery this fall.
A Guide to Commercial Real Estate Crowdfunding
Charles Clinton delves into the risks and benefits of this new source of capital that is drawing in more and more institutional real estate companies, as well as targeted individual investors.
Penwood Nabs Financing for NJ Industrial Project
The company’s new ground-up development will include some 290,000 square feet of warehouse space located near both New York and the Port of Newark-Elizabeth.
NAI Closes North Jersey Industrial Lease
The tenant, a newly formed industrial tire supply company, will occupy nearly half of the building, which totals more than 65,000 square feet.
Hilton Garden Inn Changes Hands in Maine
Dover Properties LLC sold Hilton Garden Inn Freeport Downtown, a 99-key asset dating back to 2005, located within a 20-minute drive of Portland.