Amazon needs to be in New York to tap into its brainpower reservoir. It will likely bring more operations into the city over time and more high paying jobs under any circumstances.

“Cranberry Plaza offered investors solid double-digit cash-on-cash returns with upside potential in a stable market with very minimal downside risk,” says Marcus & Millichap's Michael Cebula.

The hotel firm acquires its first hotel in the Phoenix market, The Wyndham Garden Phoenix Midtown, as has targeted the market for expansion.

At 813,128-square-feet, The Curtis blends live, work and play under one roof in prime Market East location.