Northeast
CIM Group Buys Manhattan’s Martha Washington Hotel
CIM Group recently acquired the 256-room Martha Washington Hotel in Manhattan with plans of transforming the property and rebranding it as The Redbury.
Compass Self Storage Expansion Hits Milestone
Compass Self Storage has reached the 60 store milestone with the acquisition of a new facility in Asbury, NJ.
U-Haul Opens New Store in Maine
Another adaptive reuse project initiated by U-Haul brings more self-storage space to the residents of Bangor and surrounding communities in Maine.
Indeed Takes Five at Manhattan’s Hippodrome
Indeed, the job search engine giant, has committed to five floors at the 21-story Hippodrome building in Midtown Manhattan.
Two-in-One Hotel Project to Join $3B Port Imperial
Mack-Cali Realty Corp. subsidiary Roseland will be building two Marriott-flagged hotels at Port Imperial in Weehawken, N.J.
Northern Virginia Industrial Portfolio Changes Hands
MRP Realty and institutional investors have acquired Northern Virginia Industrial Park, a 15-building, 813,725-square-foot portfolio in Lorton, Va.
Bronx Plaza Welcomes Four Major Tenants
The Feil Organization has signed Modell’s, Kidstown, American Stenographic and Rainbow Stores to leases at Concourse Plaza in the Bronx, N.Y.
DivcoWest Names Three Industry Veterans to Northpoint Development Team
DivcoWest announced the hiring of Tom Sullivan as President of the Development Division, Mark Johnson as Director of Development and Mark Roopenian as Managing Director to the firm’s development team for NorthPoint.
Former NY Times HQ Commands $296M
Kushner Companies has acquired 250,000 square feet of retail condo space in 229 West 43rd St.
Africa Israel USA Reaps Retail Condo Rewards
Four years after selling the commercial portion of Manhattan’s 767,000-square-foot Times Square Building to Blackstone, Africa Israel USA has completed the disposition of the tower’s 250,000-square-foot retail condominium.