WHITE PLAINS-A chief official with Reckson Associates Realty Corp. tells GlobeSt.com that the Melville-based REIT was not the highest bidder for the 14-building 1.6-million-sf office portfolio here. Reckson earlier this week it had acquired the portfolio for $255 million or $163 per sf.

WHITE PLAINS-A chief official with Reckson Associates Realty Corp. tells GlobeSt.com that the Melville-based REIT was not the highest bidder for the 14-building 1.6-million-sf office portfolio here. Reckson earlier this week it had acquired the portfolio for $255 million or $163 per sf.

MILFORD, CT-Mountain Development Corp. of Clifton, NJ completes the $14-million purchase of the 625,000-sf BIC complex here at 500 BIC Dr. The deal involves a short-term leaseback of space that allows BIC to transfer operations to Shelton, as well as facilities in Florida, Brazil and Mexico.

WATERBURY, CT–Due to the extensive reconstruction and renovations at City Hall, the City of Waterbury signs a two-year lease for 24,000 sf at the Waterbury Commons office building here.

WHITE PLAINS-While the market has been buzzing about a possible deal for the 1.56-million-sf EastRidge Properties' portfolio here, sources close to the transaction say that as many as three bidders are still in the running for the office properties along I-287. Sources say the top candidates are Reckson Associates Realty Corp. and Heritage Realty Services, LLC.

YONKERS-The Yonkers Industrial Development Agency gives preliminary approval to a plan by Consumers Union to borrow $10 million through the agency. The funds will be used to expand its headquarters operations at 101 Truman Ave. here.

BRIDGEPORT, CT-The Hampshire Cos. of Morristown, NJ acquires land that includes a parcel where a new Walgreen's drug store is currently being built at 1000 Park Ave. The deal follows up its recent $22.5-million purchase of the Royal Bank of Scotland building here.

BRIDGEPORT, CT-The Hampshire Cos. of Morristown, NJ acquires land that includes a parcel where a new Walgreen's drug store is currently being built at 1000 Park Ave. The deal follows up its recent $22.5-million purchase of the Royal Bank of Scotland building here.