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MATTAPOISETT, MA-LogoAthletic sells its 118,125-sf building for $1.7 million to Cape Cod, Massachusetts-based The Bornstein Companies. The broker involved in the deal tells GlobeSt.com that the building is in an area that he believes developers will be targeting soon.
BASKING RIDGE, NJ-The asset, which is located across from AT&T's recently-sold headquarters building, is fully leased on a long-term basis to United Healthcare.
NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.
NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.
LANSDALE, PA-Blue Bell, PA-based Capital Solutions buys a fully-leased 93,795-sf class-A office building at 212 Church Rd. from First Evergreen for $14.5 million. Nine years remain on the current tenant's lease, estimated at $21 per sf.
TIGARD, OR-Ashmead College is opening its first Oregon campus here. The school signed a 7-year, $2.7 million lease for 18,249 sf at Felton Management's Plaza West Office Building. The 66,200-sf building is now 85% leased.
LA PORTE, TX-GSL Constructors is the developer for the quartet of combination offices and shops in varying sizes, three of which will be leased and the other sold. The latest land buy is for Baytown's United Environmental Services.
PHILADELPHIA-As part of an ongoing portfolio expansion, the two New Jersey-based companies are acquiring two Center City office towers on JFK Boulevard totaling more than 470,000 sf of space.
PHILADELPHIA-The financial services firm extends its stay at the 1.2 million-sf office tower with a long-term lease and will occupy an additional 4,000 sf at the trophy building.