Northeast
CPE’s Top 5 May 2017 Articles
Miss out on any CPE stories in May? Here are five of our most popular articles for the month, including a report on the highest taxed buildings in America and news on a massive live-work-play community underway from Hines.
Manhattan Trophy Building Welcomes New Tenants
William Kaufman Org. signed three leases totaling 35,682 square feet at 437 Madison Ave., with Munich American Reassurance Co., Eos Management LP and Montgomery McCracken Walker & Rhoads LLP.
RI Industrial Asset Changes Hands
Legacy Real Estate Ventures, in a joint venture with ProPartners in Parking, acquired 300 Niantic Ave. in Providence. The $4.2 million transaction was negotiated by CBRE/New England.
Skanska Breaks Ground on $343M NJ Hospital
The 204-bed facility designed by Array Architects is slated for completion by December 2019. This will be the company’s largest Integrated Project Delivery development to date in North America.
TOD Jefferson at Malden Center Breaks Ground
Jefferson Apartment Group’s latest development will include 320 apartments, office and retail space, as well as a new public park. The project is slated for completion in 2019.
Construction Begins on Manhattan’s Second Hotel Indigo
The 90,000-square-foot hotel will be designed by Gene Kaufman Architect and will be located at 8-10 Maiden Lane in Manhattan’s Financial District.
Makeover, Rebranding Planned for Boston-Area Constitution Center
The 180,000-square-foot office complex will undergo a $20 million renovation and will be renamed Constitution Wharf, aiming to become a creative waterfront work environment.
One Lincoln Center Lands $21M in Financing
Meridian Capital Group secured the acquisition and repositioning loan on behalf of Zamir Equities, which purchased the tallest office tower in Syracuse for $25.3 million.
One Crown Way in Philly Changes Hands
The asset was built in 1996 and it currently serves as headquarters for the seller, which will lease it back until its relocation.
CBRE Announces Three Promotions
The firm promoted David Gavin as senior vice president, Michael McCall as first vice president and Jacqueline Novotny as vice president. They will be based in the Westchester/ Fairfield office.