Northeast

The transaction represents a 48% premium to LaSalle's unaffected share price, according to LaSalle CEO Michael D. Barnello.

The partnership between Potomac, MD-based Foulger-Pratt and Cerberus Capital Management of New York City purchased One Discovery Place from Discovery Communications.

The REIT has acquired a 1,225-asset portfolio for $140 million.

The purchase of RKF, according to Robert K. Futterman, who will serve as chairman of Newmark RKF, Newmark's retail leasing division, will bring Newmark Group “one step closer to creating a platform that will reshape and significantly impact the retail industry.”

Reports indicate that it is unlikely that Blackstone will increase its original $4.8 billion offer.

Investing near proposed infrastructure like New York City's BQX always poses a gamble, says real estate attorney Andy Schmerzler.

CustomSpace provides full-service warehousing, storage, and office space to businesses and individuals looking for 250 to 10,000 square feet.

TARRYTOWN—Trans-Hudson commuters may finally experience the full benefits of the new Tappan Zee Bridge, now known as the Governor Mario M. Cuomo…