Northeast
Expansion Team: Mark Doran on Transwestern’s Growth Strategy
Insights from COO Mark Doran on the strategy behind Transwestern’s recent acquisitions the Boston and Chicago markets.
Griffin Capital Grabs Wyndham Worldwide HQ in Parsippany, NJ
Griffin Capital Corp. has snapped up Wyndham Worldwide’s 250,000-square-foot corporate headquarters facility in Parsippany, N.J., for $97 million.
Concord Hospitality Sells 13-Hotel Portfolio for $240M
Concord Hospitality Enterprises has sold a portfolio of 13 premium-branded, select-service hotels to companies owned by a global investment fund for approximately $240 million in an all-cash transaction.
HFF Secures $165M in Financing for 2 MSF Retail Portfolio in Pennsylvania, Ohio
A 1.9 million-square-foot collection of four retail properties in metropolitan Pittsburgh and the greater Toledo region has reeled in $165 million in financing.
Global Law Firm Signs 440 KSF Lease at Premier Rockefeller Center Location
Powerhouse global law firm White & Case has signed a long-term lease for 440,000 square feet at the Class A tower at 1221 Avenue of the Americas, also known as the McGraw-Hill Building, in Manhattan.
Vornado Completes $350M Refinancing of NYC’s 909 Third Ave.
Vornado Realty Trust has completed a $350 million refinancing of 909 Third Ave., a 33-story, 1.3 million-square-foot Midtown Manhattan office building.
Piquet Realty Buys Portman Realty in New York
Piquet Realty, a Florida-based luxury real estate company specializing in foreign investors, has expanded its presence in New York City with the acquisition of Portman Realty.
Bijou Breaks Ground on $83M M-F Project in Hoboken
Bijou Properties joined partner Intercontinental Real Estate Corp. to break ground on a 135-unit residential project in Hudson County, which will cost $83 million to bring to fruition.
Soho Properties, MHP Join Hampshire Hotels to Create New Dream Hotel at Times Square
A development team comprising Soho Properties, MHP Real Estate Services and Hampshire Hotels Management has acquired 560 Seventh Ave. in Manhattan’s Times Square, which they will replace in a $300 million project with a new Dream Hotel and 20,000 square feet of luxury retail.
Constellation Hotels Buys 80% Interest for $240M in InterContinental New York Barclay
Constellation Barclay Holding U.S. has acquired an 80 percent stake in the historic 685-room InterContinental New York Barclay in Manhattan from InterContinental Hotels Group for $240 million.