Northeast
Manhattan Retail Condo Commands $324M
Spain’s Inditex Group purchased the 38,750-square-foot space, the former home of an NBA store, from a joint venture involving Carlyle Group, Crown Acquisitions and Kushner Cos.
Transwestern Debuts in NYC Market
It’s been a long time coming. After years of eying New York for expansion, Transwestern has made its entry into the city with the creation of its Northeast region, and the company has put two industry veterans, Patrick Robinson and Lindsay Ornstein, in place to spearhead the endeavor.
Cushman & Wakefield Brokerage Team Quits
Brokers Matthew Astrachan, Alexander Chudnoff, Paul Glickman, Mitchell Konsker and Mitti Liebersohn have parted ways with the firm approximately 14 years after having come aboard with former CEO Bruce Mosler from The Galbreath Co.
Macy’s Expands Footprint at 1440 Broadway
The retailer has signed a lease expansion for 56,242 square feet, bringing its total space in the building to 161,000 square feet.
First Wind Receives $76M in Financing
Construction of Vermont’s largest wind energy project began in September. Since the end of that month, First Wind has raised $435 million in financing and repaid $149 million in short-term turbine supply loans.
Nutter McClennen & Fish Signs 130,000-SF Lease Renewal in Boston
The law firm, which has been in continuous practice for 131 years, has renewed its commitment to Boston’s Seaport District.
Colliers: Global Markets to Fuel NYC Recovery
According to Colliers Tri-State chief economist Peter Kozel, New York continues to function as a major growth engine, with the local economy a significant beneficiary of capital markets activity. Kozel said no other U.S. city will profit as much from the global economic rebound.
Colliers Taps Tuminelli as Executive Managing Director
Vince Tuminelli brings with him a focus on tenant representation.
HFF Closes $44M Refinancing for Manhattan Retail Condo
The refinancing is on a retail condominium at 599 Broadway in Manhattan’s SoHo area.
Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion
Cambridge, Massachusetts’ biggest employer is about to get even bigger.