Northeast
Historic Boston CBD Asset Trades for $75M
The 179,872-square-foot office asset last traded four years ago. The value of the property increased by more than 45 percent since then.
Empire Resorts Unveils New York Casino Name
The 18-story, 332-key Resorts World Catskills is expected to open in March 2018. The venue is part of a $1.2 billion four-season destination in Sullivan County.
Lansco’s Robin Abrams Joins Eastern Consolidated
After more than 38 years at Lansco Corp., Abrams will join the firm as a principal and vice chairman of retail. She is bringing along her team of brokers, as part of the Abrams Retail Strategies group.
NY-Area Overlook Corporate Center Completes Makeover
Theta Holding Co. wrapped up a multimillion-dollar renovation that included upgrades to the lobby and common areas, and construction of a conference room and fitness center at its 415,000-square-foot Overlook Corporate Center in Little Falls, N.J. The firm hired Colliers International to lease vacant space at the property.
Marriott Opens New Pittsburgh Hotel
The 109-key hotel is located in the McCandless Crossing, an open-air lifestyle center about 10 miles north of Pittsburgh. AdVenture Development LLC owns the six-story hotel.
Triple Five Closes $1.7B Loan for American Dream
The big-ticket project will bring 3 million square feet of retail and entertainment space to East Rutherford, N.J., including the largest indoor DreamWorks Water Park in North America.
Philly-Area Hilton Garden Inn Hotel Sells for $23M
The 146-key property underwent a $2.5 million renovation of the lobby and outdoor seating areas, as part of a value-add strategy implemented after the hotel’s acquisition in 2013.
Lyndra Moves HQ, Signs 14 KSF Boston-Area Lease
The health care company moved to the newly refurbished 65 Grove St. in Watertown, Mass., minutes away from its former headquarters at 134 Coolidge Ave. NGKF and Commonwealth Standard Realty brokered the lease.
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for April 2017 in New York City.
RNY Property Trust Continues NY-Area Disposition Plan
The REIT selected Cushman & Wakefield to market the sale of its six-building Westchester County portfolio. It most recently sold 555 White Plains Road in Tarrytown, N.Y., marking the company’s third sale in this portfolio, this time to Mack-Cali Realty-owned Robert Martin Co.