Northeast
WeWork Signs 45 KSF Lease in Manhattan
Swiss pension fund AFIAA has reached full occupancy at 125 W. 25th St., a Manhattan office property the firm acquired last year for $150 million.
Jernigan Capital Co-Invests with NH-Based Developer
The company has co-invested with 603 Storage in a 719-unit self-storage development in Salem, N.H. The project is expected to be completed in 2018.
Expedient Completes $14M Pittsburgh Expansion
The company, which operates two data centers in Pittsburgh, invested in a 10,000-square-foot expansion of the building located downtown.
Mastercard Leases Midtown South Office Building
The credit card company will lease the full 212,500-square-foot New York City building and turn it into an expanded technology hub. L&L Holding is set to finish a major modernization and re-envisioning of the property before Mastercard’s move-in.
Henderson Pays $42M for Philly-Area Office Campus
The firm purchased a five-building office portfolio in Newtown Square, Penn., its first real estate deal, part of its new strategic growth plan.
Berkadia Appoints New Head of Mortgage Banking
Hilary Provinse has joined the company after spending more than 15 years at Fannie Mae, where she led the firm’s mulitfamily debt lending activities.
BLT Inks for 24 KSF at Stamford Office Asset
The company secured Tudor Investment Group as its newest tenant at 200 Elm St., a Class A office property which last traded in 2012.
Apple Opens Second Brooklyn Store
The company singled out the Fort Greene neighborhood as the home for its next location, shortly after opening a store in Williamsburg.
New Boston Fund Sells $145M Multifamily Asset
With the help of HFF, the company sold the 21-story Tower at One Greenway to PGIM Real Estate for more than $660,000 per unit.
NYC Garage Portfolio Commands $50M
Kamber Management Co. added three prime condominium-based facilities to its collection. The properties are fully leased to Icon Parking Systems.