HICKSVILLE, NY-A 15-year tax break from the Nassau County Industrial Development Agency helped persuade Designatronics to expand at 250 Duffy Ave. rather than move to New Jersey.

CALABASAS, CA-The central bank's refusal to say exactly when QE would end “will moderate risks of overreaction by equity and capital markets,” observes Marcus & Millichap's Hessam Nadji.

NEW YORK CITY-“Our balance sheet strength will enable us to maintain and secure our position as the dominant net lease REIT,” says David S. Kay, president of the net lease REIT.

HAMILTON, BERMUDA-The revised offer, recommended by BPO's board, adds $100 million to the $5-billion proposed deal; the result would be one of the world's biggest CRE companies with properties on four continents.

ADDISON, TX-Wheelock Street Capital, the new owner of the Dallas/Addison Marriott Quorum, has hired Aimbridge Hospitality to manage the property.

BOSTON-The price per square foot on the fully leased 51 Sleeper St. excels the high watermark established last year by Clarion Partners for office properties in the district.

NEW YORK CITY-The longtime chairman and CEO of the Gotham Organization, who spearheaded its evolution from a general contractor into a full-service real estate firm, has also found plenty of time to give back to the community.

LOS ANGELES-“The multi-housing sector is only now beginning to fill a supply shortage that has existed following a three-year-long drought in development resulting from the recession,” says CBRE's Jim Costello.