Northeast
Vintage NYC Building Scores $430M Refi
The 675,000-square-foot, Class A property was built in 1909 and consists of two contiguous buildings near Union Square, Gramercy Park and Madison Square Park.
NREA, HYM Land $180M in Financing
The loan represents the first step in a long-term development plan and the formation of a strategic lending relationship between the two companies.
Law Firm Signs Full-Floor Lease at Rudin’s 1675 Broadway
Cushman & Wakefield represented Ballard Spahr in the signing of a 27,000-square-foot lease at the Midtown Manhattan property. The tenant is expected to move from its Third Avenue location next year.
Mack-Cali’s NJ Horizon Center Hits the Market
The REIT named Newmark Knight Frank as exclusive agent for the sale of a six-building office/flex portfolio located in Hamilton, N.J. The sale is part of the firm’s disposition plan of non-core assets.
Mane USA Finds New Home in NJ
The French fragrance and flavor firm acquired a 102,000-square-foot building in Parsippany, N.J. from Prism Capital Partners and The Davis Cos. The firm plans to relocate there from its headquarters in Wayne, N.J.
NKF Named Leasing Agent for 85 Broad St.
The building takes up the full block of Broad Street between South William and Pearl streets in Manhattan’s Financial District. The Class A office tower was built in 1983.
The Story Behind Boston’s Billion-Dollar Bulfinch Crossing
HYM Investment Group’s Thomas O’Brien opens up about the communities of tomorrow and the $1.5 billion project that brings daylight to the city’s Congress Street for the first time in 50 years.
Alexander’s Cashes Out Nearly $200M in Manhattan Refi
The office portion of 731 Lexington Ave. in Manhattan received $500 million in refinancing, which matures in June of 2024.
McLaren Joins Formula E on Brooklyn Racetrack
The site will be prepared for the event through a series of temporary and permanent enhancements ranging from barriers and security fences to gangways and sidewalks. The New York City Economic Development Corp. and The Port Authority of New York and New Jersey are also part of the group behind the project.
Update: Boston Biotech Facility Lands $135M in Financing
The new property, dubbed 828 Winter St., will consist of a three-story, 144,910-square-foot, Class A lab/biotech building with a four-level parking garage.