Thursday, July 23, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Northeast

IndustrialNortheast

GLOBAL TISSUE LEASES 232,135 SQUARE FEET ON LONG ISLAND

by admin

YAPHANK, N.Y. — Global Tissue Group has signed a lease for a 232,135-square-foot industrial facility located at 19 Nicholas Drive in Yaphank. The manufacturer already occupied the adjacent building as its headquarters and manufacturing plant. The new building is situated on 29 acres and was formerly occupied by Estee Lauder subsidiary Whitman Packaging, which vacated at the end of last year. The building contains 22-foot ceilings, 19 loading docks and 795 parking spaces. Richard Cohen and Ashley Cohen of Ashlind Properties represented the tenant in lease negotiations. The landlord, Melville, N.Y.-based Rechler Equities, provided in-house representation.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialNortheast

ELECTRONICS RECYCLERS INTL LEASES 100,000 SQUARE FEET IN MASS.

by admin

HOLLISTON, MASS. — Fresno, Calif.-based Electronics Recyclers International (ERI) has signed a 5-year lease for 100,000 square feet at 89 Cross St. in Holliston. The industrial space, formerly an Avery Dennison distribution facility, will be used by the company as recycling space to serve its New England customer base. The NAI Hunneman team of Cathy Minnerly, Mike DiGiano, David Gilkie, Michael McCarthy and Neil Sogard represented ERI in lease negotiations. Chris Tosti of CB Richard Ellis represented the landlord, Dennison Manufacturing Co.

Continue Reading
FacebookTwitterLinkedinEmail
Mixed-UseNortheast

FOREST CITY REFINANCES STATION SQUARE MIXED-USE PROPERTY

by admin

PITTSBURGH — Forest City Enterprises has procured a $62 million loan to refinance its Station Square mixed-use property in Pittsburgh. The CMBS loan carries a 10-year term and a 5.85 percent interest rate. It will be used to retire three separate bank loans totaling $58.6 million. Station Square is a 652,800-square-foot property located along the Monongahela River on Pittsburgh's south side. Its tenants include Hard Rock Café, Gateway Clipper Fleet and U.S. Bank.

Continue Reading
FacebookTwitterLinkedinEmail
NortheastOffice

ACME PACKET RELOCATES TO NEW HQ IN MASS.

by admin

BEDFORD, MASS. — Acme Packet has relocated its headquarters from Burlington, Mass., to a larger facility in Bedford. Its new headquarters totals 123,000 square feet and is located at 100 Crosby Drive. The new space features a three-story atrium with a LED-lit glass feature as well as a café. Diversified Project Management provided project services for the headquarters. Other project team members included Chapman Construction, Spagnolo Gisness & Associates and Dyer Brown Architects.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialNortheast

F&G ARRANGES $2.37 MILLION INDUSTRIAL LOAN IN R.I.

by admin

CRANSTON, R.I. — Fantini & Gorga has arranged $2.37 million in permanent financing for a flex property located in Cranston. The property, a 53,570-square-foot flex industrial building, is situated on 3.96 acres at 28 Kenney Drive. The borrower was NEREEF Cranston LLP, which is an affiliate of Calare Properties. The lender was an undisclosed insurance company.

Continue Reading
FacebookTwitterLinkedinEmail
NortheastOffice

CEDAR ACQUIRES 230,000-SQUARE-FOOT OFFICE BUILDING

by admin

PHILADELPHIA — Cedar Shopping Centers has acquired a a Philadelphia office building for $13.37 million. The property, which is located on 15.3 acres at 11501 Roosevelt Blvd., totals 230,000 square feet. It is currently occupied by the Internal Revenue Service. Cedar's acquisition included the assumption of a $13 million first mortgage secured by the property. Cedar already owns the adjacent 23.9-acre property, which contains a 430,000-square-foot office building also leased to the IRS. The agency's lease for both buildings terminates next October, and it is expected to vacate the buildings. Cedar has not released any long-term plans for the properties.

Continue Reading
FacebookTwitterLinkedinEmail
HospitalityNortheast

BERKADIA ORIGINATES $7 MILLION LOAN FOR MASS. HOTEL

by admin

BOSTON — Berkadia Commercial Mortgage has originated a $7 million loan for the refinancing of a Marriott Residence Inn located in suburban Boston. The hotel was built in 1999 and contains 108 rooms. The loan carries a 5.3 percent fixed interest rate, a 5-year term, a 25-year amortization schedule and a 60 percent loan-to-value ratio. Fred Fanganello and Brian Huff of Berkadia's Denver office secured the loan on behalf of the borrower, a national hotel REIT, through a national bank. The parties involved were not released.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialNortheast

CBRE ARRANGES 78,343-SQUARE-FOOT INDUSTRIAL LEASE IN N.J.

by admin

BRANCHBURG, N.J. — CB Richard Ellis (CBRE) has arranged a long-term lease for 78,343 square feet of industrial space at 47 Readington Road in Branchburg. The tenant for the single-story warehouse is Branchburg Sports Complex, which plans to create an indoor sports facility that will include an indoor lacrosse field and batting cages. Thomas Monahan and Stacey Weinberg, both of CBRE, represented the tenant as well as the landlord, The Hampshire Companies.

Continue Reading
FacebookTwitterLinkedinEmail
NortheastOffice

GOODRICH CORP. TO RELOCATE HEADQUARTERS

by admin

WESTFORD, MASS. — Goodrich Corp. has signed a lease that will relocate its headquarters from Chelmsford, Mass., to a larger space within Westford Technology Park in Westford. The company will occupy 184,759 square feet, comprising 84,759 square feet of space at 7 Technology Park Drive and all 100,000 square feet of 9 Technology Park Drive. The lease represents a 55,000-square-foot expansion from its previous headquarters. Matthew Daniels and Christopher Lawrence of Colliers Meredith & Grew represented Goodrich in lease negotiations. Cushman & Wakefield represented the landlord, The Gutierrez Company.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts