Mid-Atlantic

WASHINGTON, DC-The partnership purchased the property from a JV between Rockpoint and MRP, and plans to rebuild have been scrubbed in favor or developing new.

NEWARK-Gateway Center landlords are protesting Prudential’s plans for a new office tower, while a new report ranks the metro area among the nation’s most expensive for corporate tenants.

WASHINGTON, DC-Congress wants FASB to slow down and consider the potential fall out from the lease accounting convergence proposal.

CARLISLE, PA-The two bulk warehouses along the I-81 industrial corridor of central Pennsylvania were owned by Hillwood; published reports put the combined selling price at $93 million.

WASHINGTON, DC-Panelists at the upcoming RealShare Washington, DC will discuss what is driving development in the area, the changing nature of office supply and demand, and the outlook of investment sales here.

NEWARK-Fresh off his new move to Avison Young, the industry veteran will deliver the keynote address at the RealShare New Jersey Breakfast Series on June 5 at the Newark Club.

BETHESDA, MD-The merger of the Reznick Group and J.H. Cohn will create an organization with a larger public presence, allowing for a greater focus on REITs, David Kessler tells GlobeSt.com's Erika Morphy.

ELMWOOD PARK, NJ-Demand surge for rentals will counteract impact of 2,400 new units coming online.

ALEXANDRIA, VA-Both buildings, near the Patent and Trademark Office, are close to full occupancy. Eastdil Secured has been retained as the exclusive broker.

WASHINGTON, DC-Despite home sales rising, there's still good news for multifamily investors, NAR's Lawrence Yun tells GlobeSt.com's Erika Morphy. Household formation is strong enough to support both trends.

OLD BRIDGE, NJ-Speaking to GlobeSt.com from the ICSC RECon conference in Las Vegas, Richard Brunelli tells GlobeSt.com's Antoinette Martin that demand is strong from freestanding retail space users.

MORRISTOWN, NJ-Nine companies have signed, renewed or expanded as building improvements continue in historic downtown Morristown.

NEW YORK CITY-MTA officials said at a meeting last night that the massive LIRR expansion to Grand Central will take an extra three years—and almost $1 billion more.

WASHINGTON, DC-It’s not the 200,000 plus monthly jobs seen at the beginning of the year, but is it enough of an increase to drop vacancies?

LIVINGSTON, NJ-The 6-year-old mixed-use Livingston Town Center, where retail business has struggled in the past few years, has been purchased by Onyx Equities through its Phalanx Fund II, in partnership with Lubert Adler.

ROSSLYN, VA-The company is speaking with a variety of possible tenants right now, Monday’s Anthony Westreich tells GlobeSt.com’s Erika Morphy.

WEST NEW YORK, NJ-A private investor has bought out the fully occupied office. Outside of Hudson County, Weiss has also scored two retail deals in Bergen.

ARLINGTON, VA-The Meridian Group is acquiring the 142,833-square foot office from TA Associates. The RB Corridor has a robust pipeline of residential projects under development.

VIENNA, VA-Lower rents were the driving force behind law firm Rees Broome moving its Tysons Corner-based office to a new location here. Currently, the firm occupies a similar amount of space at 8133 Leesburg Pike.

PHILADELPHIA-The portfolio consists of four properties totaling 1,106 units located in the Philadelphia-Camden-Willington MSA.