Northeast
PECO Achieves LEED EBOM Gold for Philadelphia Headquarters
PECO’s achievement is the culmination of a $15.3 million environmental initiative to improve the sustainability of its buildings and operations across southeastern Pennsylvania.
Largest Starbucks Store in the World to Open in Manhattan
Following the success of its Reserve Roastery and Tasting Room in Seattle, Starbucks is opening its first Roastery in the Chelsea neighborhood, to be its largest store worldwide.
NGKF Helps JEMB Realty Reposition 75 Broad St. in NYC
JEMB Realty has retained NGKF to handle leasing for 75 Broad St. in Manhattan’s Financial District.
Philadelphia’s Largest Rental Developments Completed in 2015
More than 1,600 brand-new apartments came online in 2015 in the City of Brotherly Love.
Rehabbed Boston Waterfront Office Sells for Reported $150M
Union Investment Real Estate GmbH reportedly paid $150 million for the office building occupied by Converse.
Rubenstein, Vision Real Estate Shell Out $136M for Warren Corporate Center in N.J.
A joint venture between Rubenstein Partners and Vision Real Estate Partners has acquired a four-building office property in Warren, N.J.
DoubleTree by Hilton Opens 127-Key Boston-Rockland Hotel
Halfway between Boston and Plymouth, Mass., the 127-key DoubleTree sits less than one hour away from Downtown Boston, Cape Cod’s premiere resorts, and Providence, R.I.
GE Capital to Sell Hotel Financing Arm
Western Alliance Bank is set to acquire GE Capital’s Franchise Finance U.S. hotel business.
Marcus & Millichap Brokers Self-Storage Property Sale in Philly
Amsdell Cos. purchased Devon Self Storage, a more than 104,000-net-rentable-square-foot facility in Philadelphia, for $11 million.
General Electric Finds New Home in Boston’s Seaport District
The company estimates spending as much as $100 million for its new base, including land acquisition costs.