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John Jordan is a veteran journalist with 36 years of print and digital media experience.
NORWALK, C-A Brooklyn, NY-based real estate investment firm bests about a dozen other bidders to acquire the 612,119-sf Norden Park complex here for $87 million.
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.
WHITE PLAINS-Charming Shoppes Inc. is looking to relocate operations it currently has at 51 Weaver St., part of the Greenwich Office Park, to either Rye Brook, NY or sites further north in Fairfield County, CT, specifically Stamford or Norwalk, GlobeSt.com has learned.
Resources
Placer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
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JLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
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Buildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
JLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
National Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
National Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
Placer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
Placer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
Buildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download ResourceBuildout, Inc.
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download ResourceJLL Technology Solutions
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download ResourceNational Apartment Association
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download ResourceNational Apartment Association
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download ResourcePlacer.ai
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download ResourcePlacer.ai
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download ResourceBuildout, Inc.
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download ResourcePlacer.ai
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource