WASHINGTON, DC—Developer PN Hoffman held a “topping out” ceremony on Wednesday for its 525 Water condominium building at The Wharf development on the southwest waterfront.

NEW YORK CITY—Currently serving as the company's chief sales officer, Schnurman now will have input on—and contribute to—Eastern Consolidated's overall strategy and direction.

WALTHAM, MA—The Boston-area life science and biotech industry continues to be a source of growth for the regional economy and the commercial real estate market.

HAMPTON ROADS, VA—Lingerfelt CommonWealth Partners has increased its office portfolio in the Southeastern United States by more than 1.3 million square feet.

HARTFORD, CT—A New York investment group has acquired the six-building Constitution Plaza office complex in downtown Hartford, while a Connecticut-based firm has picked up the Goodwin Square office tower and hotel here in an auction sale.

NEEDHAM, MA—The newly-constructed building that will be TripAdvisor's corporate headquarters here next month has been sold by its developer Normandy Real Estate Partners of Morristown, NJ to an entity controlled by US Realty Advisors, LLC of New York City.

HANOVER, MD—The three-building Candlewood Commerce Center here has been sold by TIAA-CREF to Dallas-based Westmount Realty Capital for $26.6 million.

NEW YORK CITY—Brokerage firm JLL has issued reports that detail the impressive flight to trophy office space in Manhattan by many tenants and the increased investment and opportunities that now exist in sections of Brooklyn in the office and industrial loft space sectors.