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NEW YORK CITY—RXR Realty is reportedly in contract to acquire the 33-story 61 Broadway office building here for approximately $300 million. The deal, if finalized, would mark the firm's entrance into the Lower Manhattan office market.
MALVERN, PA—Liberty Property Trust reports that the company, along with Liberty Property Trust Limited Partnership, has entered into a new $800-million unsecured revolving credit facility.
ATLANTIC CITY, NJ—In response to concerns raised by UNITE HERE Local 54, Revel President Scott Kreeger says that none of the firms interested in acquiring the casino have expressed plans to shut down the facility.
BOSTON—If there were one word to describe the greater Boston commercial real estate market in the first quarter it would be flat. For the most part, absorption and vacancy rates were basically unchanged in the region as compared to the fourth quarter of 2013.
JERSEY CITY, NJ-HAP Investments LLC is about to enter the New Jersey real estate market in a big way. The New York City-based global firm announced today it will buy a parcel at Journal Square and build a high-rise residential tower.
MIAMI—A federal judge could decide today whether to approve the $155-million purchase of the Casino Miami Jai-Alai by ABC Funding, which had provided financing for the facility's recent casino gaming expansion.
LAUDERDALE LAKES, FL—Marcus & Millichap reports it has brokered the sale of the 315-unit Whispering Palms apartment complex here for $18.2 million.
GOSHEN, NY—New York State and Orange County officials announced on Tuesday that Amy's Kitchen, a Santa Rosa, CA-based producer of natural and organic convenience foods, has closed on the purchase of approximately 200 acres in the Town of Goshen.