Northeast
Ventas Portfolio, Profile to Swell with $3.1B Atria Purchase
A new deal is turning heads in the seniors housing market, a deal that will put Ventas Inc. at the very head of the table: namely, the healthcare REIT’s definitive agreement to acquire 118 premier properties from Atria Senior Living Group, the nation’s fourth-largest assisted living property operator, in a transaction valued at $3.1 billion.
Ground Breaks on $220M Rehab Facility at Boston’s Charlestown Naval Yard
Integrated health care system Partners HealthCare is behind the development, which will yield a 240,000-square-foot building to replace the existing 40-year-old rehab center on Nashua Street.
HFF Arranges $80M in Financing for New York’s Puck Building
Listed on the National Register of Historic Places, the Puck Building was originally built in 1885 and was the headquarters of satire publication Puck Magazine.
Dassault Systèmes’ 320,000 SF Lease is Boston’s Biggest of 2010
The company has just signed a long-term deal to occupy 320,000 square feet of Class A office, lab and data center in Waltham, Mass.
Ark Partners Launches 250-Key Luxury Hotel in Midtown Manhattan
Ark’s 57th Street hotel will debut in 2013, which may well be a good time to open a new property in New York City.
Anthem Blue Cross in Connecticut Leases 218,000 SF at Would-Be Home of Failed Mortgage Lender
The Campus at Greenhill in Wallingford, Connecticut, a nearly completed 300,000-square-foot office building that had been slated to become the new home of the now-failed Mortgage Lenders Network USA Inc., lands a big fish to occupy two-thirds of the property.
NAI Friedland Taps New Chief Executive, Operating Officers
NAI has promoted Anthony Lembeck to chief executive officer and appointed Jay Olshonsky as chief operating officer.
Century 21 Department Store Takes 61,000 SF in Old Barnes & Noble Location
Century 21 plans to take possession of the space, which is across from Lincoln Center, in February 2011.
Hennessy Draws on Staubach Years to Shape Cassidy Turley NY Team
In Peter Hennessy’s opinion, the new Cassidy Turley offers an unprecedented opportunity to create a disciplined, driven and measurable environment—the kind of environment that can grow, be sustainable and help its members grow, too.
FelCor to Buy Boston’s Fairmont Copley Plaza for $98.5M in Cash
Less than $100 million for a prominent luxury hotel in Boston is quite a bargain. FelCor acknowledges that a purchase price of approximately $257,000 per-key is a significant discount to replacement cost.