Northeast
Hillwood Acquires Site for 1.2 MSF Industrial Project in Central PA
Hillwood will develop Trade Center-83 in York County, Pa., to address growing demand for Class A industrial product in a major corridor.
C&W: NY’s Upper Fifth Avenue Breaks Record for World’s Highest Retail Rents–Ever
It may be debatable that New York City is the best place in the world for shopping, but it is a matter of fact that Gotham’s Upper Fifth Avenue is the most expensive.
TIAA-CREF Buys 21 Penn, 2 Herald Square in Midtown Manhattan
The buying spree by TIAA-CREF is so fast and furious lately that the latest deal was actually two of them.
1 WTC Signs Full-Floor Lease with xAd as Latest Tenant
Mobile advertising company xAD has signed a 10-year lease for 43,849 square feet at One World Trade Center, one week after New York City’s newest skyscraper added a gaming company to its growing TAMI roster.
Brookfield Completes Platform for $4.5B Manhattan West Project
Brookfield’s $4.5 billion Manhattan West mixed-use project on New York City’s Far West Side took a major step forward Tuesday with the completion of the concrete platform over the rail yards that lead to Penn Station.
High 5 Games Joins Tenant Roster at One World Trade Center
High 5 Games is the latest company to sign a deal and will take 87,663 square feet at the downtown Manhattan office tower, officials announced Thursday.
BCRE Acquires 627 Greenwich St. in Manhattan for $106M
Brack Capital Real Estate has closed on its $106 million purchase of a vacant, 12-story commercial building at 627 Greenwich St. in Manhattan’s West Village.
Bucksbaum, Steiner Get $165M in Financing for Cincinnati Suburb Retail Center
A joint venture between Bucksbaum Retail Properties and Steiner + Associates, along with financial partner Mount Kellett Capital Management, received $165 million in construction financing for Liberty Center, a 626,791-square-foot retail town center development in Liberty Township, a northern Cincinnati suburb.
NorthPoint to Redevelop Former General Motors Property in Ohio
RACER Trust has sold a 173.5-acre site adjacent to the General Motors Lordstown Assembly Plant in Lordstown, Ohio, to NorthPoint Development, which will transform the formerly vacant property into a 1.5 million-square-foot industrial park.
TA Associates Buys 272 KSF Office Tower in Iselin, NJ
TA Associates Realty has acquired 99 Wood Ave. S., a 272,000-square-foot trophy office building in Iselin, N.J.’s resurgent Metropark office market.