Northeast

Andrea Mancino, the newly appointed executive vice president at construction firm Bright Power in New York, is blazing a path in an industry that has traditionally been male-dominated.

The initiative valued at least $1.4 billion in connection with the expansion of its operations in Cumberland, Dauphin, Northampton and Philadelphia counties will involve investment in building renovations, equipment, and infrastructure improvements at each of the locations.

The deal is expected to close on or around Feb. 4.

The deal brokered by CBRE involves Arc's move this April from its current administrative offices at 1465 Route 31 South in Annandale to the 277,000-square-foot property owned by Shelbourne Global Solutions of New York City.

Nobody wants a war, but it is a reality that there are business opportunities in any large-scale political event.

Commercial real estate finance company Walker & Dunlop has acquired capital markets advisory firm AKS Capital Partners in an initiative to grow its offerings to service the capital markets sector.

With its lease of 343 Murray Hill Parkway, Axis Global Logistics will be able to service its growing client base in the New York City metropolitan market, according to NAI James E. Hanson.

As the cycle nears its end, one observer sees fund managers, lenders, private equity firms and institutional investors are getting ready for the next recession.