Northeast
ATCO-Migdal JV Snags Manhattan Office High-Rise
The 18-story building is situated in the Garment District, just steps away from Penn Station and Herald Square. Fashion designers Jason Wu, Thom Browne and Reem Bridal, along with media group Newsday, are among the property’s tenants.
Colliers Closes 5 Leases at MA Office Asset
The company inked leases with Axis Promotions, CGI, Mortgage Network, Caras & Shulman and AAM 15 Mgmt, working on behalf of Duffy Properties. The 201,330-square-foot 78 Blanchard building in Burlington, Mass., is down to 15,000 square feet of vacant space.
LMC to Manage, Lease NJ Shopping Center
The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset.
Ken Rogozinski Rejoins Greystone in Newly Created Role
The financing specialist will serve as executive managing director of Greystone Bassuk, one of Greystone’s real estate advisory companies. Rogozinski will build structured debt products for real estate owners and developers.
Woodmont Sells Northeast PA Industrial Building
Before the sale, the company completed an extensive capital improvement plan for 1 Commerce Road, a 437,446-square-foot warehouse in Pittston, Penn.
Life Science Firms Buy NJ Industrial Assets
In separate deals brokered by Cushman & Wakefield, two pharmaceutical companies acquired industrial buildings in Piscataway and Somerset, N.J., fueling the life science industry’s growth within the Interstate 287 corridor.
Suburban Boston Tech Campus Strengthens Tenant Roster
Seven new tenants took up 423,000 square feet at the 10-building Westford Tech Park in Westford, Mass., a premier office campus located along Route 110.
C&W Adds New Director in NYC
Adam Malitz was appointed as director of retail brokerage for the Brooklyn and Queens markets, after serving in a similar role at Lee & Associates.
WeWork Nabs Lord & Taylor Flagship for $850M
Hudson’s Bay Co. sold the iconic building on Fifth Avenue to the co-working giant, which will use the 676,000-square-foot landmark as its new global headquarters.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail for September 2017 in New York City.