Northeast
JLL Brokers $190M Baltimore-Based Multi-Family Sale to Harbor Group
Monday, Jones Lang LaSalle announced the completion of the sale of six multi-family properties in Baltimore, with Harbor Group International purchasing the 1,984-unit portfolio for $190.1 million.
Strategic Hotels’ Refi Frenzy Continues with $130M Loan on Four Seasons D.C.
Strategic just closed a $130 million limited-recourse loan secured by the premier 222-room property in D.C.’s upscale Georgetown neighborhood.
Host Hotels to Purchase the Grand Hyatt Washington, D.C., for $442M
Host Hotels & Resorts Inc. is on track to acquire the Grand Hyatt Washington, D.C., for $442 million in what will be one of the largest hotel transactions in the metropolitan area so far this year.
Invesco Secures $72.8M Loan Through ING
The loan money is once again flowing. On Thursday, ING Real Estate Finance announced the closing of a $72.8 million term loan with Invesco Real Estate.
Oppenheimer to Take 270,000 SF at Manhattan’s 85 Broad
The Manhattan deals keep on coming. On Monday, Oppenheimer & Co. Inc. announced that it inked a lease to occupy seven floors over 270,000 square feet at 85 Broad Street in lower Manhattan.
400 KSF Falls Church Corporate Center Sells for $86M
The Falls Church Corporate Center, on the edge of the Washington, D.C., area, just sold in an $86 million deal brokered by Transwestern.
Empire State Building Keeps Getting Greener
After undergoing a retrofit initiative in 2009, the tallest building in New York City has achieved Energy Star certification for 2010, its second year in a row.
HFF Orchestrates $355M Construction Loan for Vertex’s 1.1 MSF Boston HQ
Vertex Pharmaceuticals at Boston’s Fan Pier development got a boost as HFF orchestrated a $355 million construction loan for The Fallon Co. to bring the 1.1 million-square-foot office and research project to fruition.
Vantage, Angelo Gordon Pick Up AIG’s Jersey MF Portfolio for $241.5M
Vantage Properties L.L.C. and Angelo, Gordon & Co. have established a major presence in the New Jersey apartment market, grabbing 2,200 rental units with a $241.5 million acquisition of AIG’s six-property central New Jersey multi-family portfolio.
JLL Leases 163,000 SF to Pegasystems in Cambridge
Call it a case of keeping up with your own growth. To serve its need for increased office space, Pegasystems has signed a long-term lease with JLL for 163,000 square feet of class-A space in Cambridge, MA.