Northeast

“We are seeing more foreign capital purchase assets in the Philadelphia region, which is driving up pricing," says Ken Wellar, managing partner of RRA.

The transaction brings the Paramount Group's 2.5 million square-foot office tower to 100% leased.

The portfolio could yield market-rate rent appreciation and value-add opportunities through modest-to-extensive capital improvements, says Gebroe-Hammer's Nicolaou.

The e-commerce giant in a statement released today, while praising Cuomo, de Blasio and others, cited the vocal opposition by some political and civic leaders as the reason for its decision.

The law firm signed a deal to stay at the Broad Financial Center at 33 Whitehall St. for another 10 years.

The nonprofit CPC Mortgage Company will focus on agency lending in affordable housing.

Formerly known as the Sony Tower, the landmark building will be renovated and reopened in 2020.

JLL's annual report says consumers seek experiential travel and international activity will increase in 2019.