Northeast
Times Square Office Tower Gets 2 New Tenants
Knotel and Poke Signature will occupy office and retail space, respectively, at the 20-story 9 Times Square, which was recently repositioned by owner American Realty Capital New York City REIT.
Santander Bank Building in Cambridge Trades for $30M
The transit-proximate property was constructed in 1928 and is surrounded by 20 million of square feet of office and laboratory space.
SL Green, RXR to Buy Stake in NYC’s Worldwide Plaza
The joint venture will become co-owner of the 2 million-square-foot mixed-use property with the acquisition of a 48.7 percent interest from New York REIT. The deal values the trophy asset at more than $1.7 billion.
GSEMA Moves HQ in the Heart of Boston’s Back Bay
Girl Scouts of Eastern Massachusetts signed a long-term lease with A.W. Perry for a new headquarters location at The Berkeley, a recently renovated historic building.
New York—A Matter of Life and Science
New York received its invitation to join the biotech cluster club – the guest list also includes San Francisco, Boston and San Diego. However, Transwestern’s newest report reveals if the city has what it takes to be a full-time member.
Levin to Manage 2 NJ Shopping Centers
Levin Management Corp. will manage the Mill Creek at Harmon Meadow in Secaucus and the Flemington Marketplace in Flemington. The two shopping centers total some 550,000 square feet combined.
Monday Properties Taps New SVP
Former Gramercy Property Trust Senior Vice President Evan Dreilinger will bring more than 18 years of varied real estate experience to the company.
Pennrose Secures $171M for NJ Arts Center
The funds ensure the firm’s continued public-private partnership development of the 450,000-square-foot New Brunswick Performing Arts Center, which will feature mixed-income apartments, office space, and two theater venues.
Seacoast MA HQ Gets Million-Dollar Makeover
The investment firm renovated its 1988-built corporate headquarters, replacing and upgrading both its electrical and data systems, and adding new seating, conference room furniture and workstations.
Anchor Health Acquires $23M MOB
The company purchased the 71,401-square-foot Cross Street Medical Center in Norwalk, Conn. Newmark Knight Frank represented the seller, Marcus Partners, in the transaction.