Regions
Capri Acquires Stamford Luxury Residential Building for $135M
Capri Capital Partners has acquired 101 Park Place at Harbor Point, a Class-A core multi-family asset located in Stamford, Conn., on behalf of an institutional investor.
ASB Acquires 4 Retail Properties in Boston for $91M
ASB Real Estate Investments, acting on behalf of its $3.1 billion Allegiance Real Estate Fund, recently joined forces with real estate firm Blatteis & Schnur to plunk down $91.2 million in cash on the acquisition of a collection of four retail-office buildings totaling approximately 51,250 square feet in the ritzy Back Bay neighborhood of downtown Boston.
Marriott Opens Tallest Hotel in NYC
Double good news for Marriott International: Not only did it officially open its doors yesterday to the tallest hotel in New York – a 68-story property that climbs nearly 753 feet into the skyline at Broadway and 54th Street – but also the combination Courtyard by Marriott/Residence Inn joined a growing trend of dual-branded hotels nationwide.
Mitsui Fudosan Develops 202 KSF Office Property in San Francisco
Looking to take advantage of the hot tech market in San Francisco, Mitsui Fudosan America has formed a joint venture with SKS Partners to develop a 202,000-square-foot Class A, speculative office building at 270 Brannan St. near Second Street in SOMA’s historic South Beach district.
Rockpoint, Fisher Bros. Buy 50% Stake in 2 NYC Office Towers Totaling 3 MSF
Fisher Brothers now has a new partner in the ownership of 1345 Avenue of the Americas and 605 Third Ave., two Class A office high-rises totaling 2 million square feet in Midtown Manhattan.
Federal Capital Partners Pays $61M for 184 KSF Office Property in DC Suburb
One Preserve Parkway, a seven-story, 183,667-square-foot trophy office tower in Rockville, Md., has been acquired for $61 million by Federal Capital Partners.
Cole Grabs 1.2 MSF Industrial Property in Maryland
Cole Real Estate Investments has acquired 4000 Principio Parkway, a 1.2 million-square-foot warehouse in North East, Md., from Weeks Robinson for a reported $74 million.
Senior Housing Properties Sells 2 Massachusetts Hospitals for $90M
Senior Housing Properties has closed its sale of two Massachusetts rehabilitation hospitals for $90 million to a JV of affiliates of The Sanders Trust and Harrison Street Real Estate Capital.
Lori Mason Curran: Evolving South Lake Union
Lori Mason Curran, Vulcan Inc.’s investment strategy director for real estate, talks about how South Lake Union continues to evolve.
Related Beal Buys 4-Building Property in Boston from Fidelity Investments
Related Beal has bought the 343,000-square-foot The Block on Congress from Fidelity Investments in a sale-leaseback transaction that allows the new owner to make plans for the near future.