Northeast
First Potomac Buys 11 Dupont Circle
First Potomac Realty Trust is adding to its Washington, D.C., office holdings with the purchase of 11 Dupont Circle, a nine-story, 155,713-square-foot mixed-use building.
CBRE Global Investors Fund Acquires 28-Story Boston Office Tower
A fund sponsored by CBRE Global Investors has acquired 100 High St., a 546,336-square-foot, 28-story office building with a 273-space, three-level, on-site subterranean parking garage situated in the heart of Boston’s Financial District.
Hudson’s Bay to Open Saks Store, Lease 400 KSF of Office Space, in Lower Manhattan
Hudson’s Bay Co. will open a three-level, 85,000-square-foot Saks Fifth Avenue store that will anchor Brookfield Place in Downtown Manhattan.
Ross Stores Buys 1372 Broadway from Starwood Capital
The off-price apparel retailer acquired the leasehold interest in the 572,000-square-foot office building in Midtown Manhattan.
Fosun, JLL Team Up to Lease NYC’s One Chase Manhattan Plaza
A year after acquiring One Chase Manhattan Plaza for $725 million, Fosun Property Holdings is nearing completion of the 2.2-million-square-foot Manhattan tower’s repositioning and has enlisted JLL to facilitate leasing.
Boston Properties Sells Interest in Office Buildings to Norges Bank for $1.5B
Norges Bank Investment Management, Norway’s sovereign wealth fund, continues picking up prime office assets in the United States.
SL Green to Buy, Sell in Two Deals Totaling $745M
It’s not every day that a real estate company announces it has signed deals involving two properties valued at an aggregate three-quarters of a billion dollars.
Capital One Wraps $277M Loan Syndication for Brooklyn M-F Tower
The 554-unit high-rise will mark the final phase of Douglaston Development’s Edge mixed-use project in the Williamsburg section of Brooklyn, N.Y.
Neiman Marcus’ Planned NYC Debut Marks a Retail Milestone, Insiders Say
The Dalas-based luxury retailer is the latest high-profile addition to the retail roster at Related Cos.’17 million-square-foot mixed-use project on Manhattan’s West Side.
Executive Spotlight: Riggs Kubiak, Honest Buildings
Riggs Kubiak, founder & CEO of Honest Buildings, talks about his formation of a platform that New York real estate developers and owners can use to connect with architects, contractors and other vendors.