Northeast
Ernst & Young Opens Hoboken Office
The 170,000-square-foot property will house more than 1,000 employees and is part of the EY@Work initiative, focused on integration, collaboration and innovation.
Brooklyn Mixed-Use Development Lands $78M Loan
CW Realty will use the construction loan for the development of 187 Kent Ave., a mixed-use property located in the Williamsburg area of Brooklyn.
Intercontinental RE Enters NYC Market
The firm teamed up with a local investor for the acquisition and redevelopment of two office buildings in SoHo, which will result in 42,000 square feet of premier office space and a 4,500-square-foot, two-floor retail portion.
HFF Boston Appoints New Senior Director
Kerry Hawkins has 18 years of experience in commercial real estate. At HFF, Hawkins will specialize in the repositioning and marketing of underperforming office assets.
American Academic, Harrison Street Buy PHL MOB Portfolio
The portfolio includes four medical office buildings and a parking garage on the Hahnemann University Hospital campus.
IKEA Inks 975 KSF for Staten Island Facility
The fulfillment center will focus on delivering items to customers who order online or purchase larger products at an IKEA store. The site will be operational in late 2018.
PitchBook Signs 34 KSF Midtown Manhattan Lease
PitchBook will occupy two floors in Columbia Property Trust’s 20-story office building, bringing the asset’s occupancy level to 84 percent.
MetLife Investment Lines Up $73M Refi for Manhattan Office
ATCO Properties & Management is using the loan to recapitalize its 18-story building at 240-246 West 35th St. in the Garment District.
Sunstone Sells 2 Marriott Hotels for $139M
As of today, Sunstone has interests in 25 hotels comprised of 12,450 keys, operating under nationally recognized brands such as Marriott, Hilton and Hyatt.
Environmental Standards HQ Sells for $7M
The single-tenant building, located 25 miles northwest of Philadelphia, was expanded in 2013 to include more than 30,000 square feet.