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NEW YORK CITY—The company is moving to Madison Ave. in the lower thirties from West 40th Street between Fifth and Sixth Avenues, spotlighting this roundup of recent deals.
CHICAGO—"It's much harder to be a tenant rep these days," Alain LeCoque tells GlobeSt.com. "Landlords are becoming increasingly firm in negotiations and I think that will last for a few years at least."
VIRGINIA BEACH, VA—The REIT told investors in the last earnings call that it couldn't provide a 2016 guidance because it wasn't sure how the proceeds from the $78 million sale would be deployed.
WOODBRIDGE, NJ—APA Group, owner of Japan's largest hospitality organization has formed a joint venture partnership with NJ-based Friendwell Group of Companies to introduce and develop the APA brand in the US, starting with the 200-room APA Hotel Woodbridge, to be followed by additional properties throughout the country.
CINNAMINSON, NJ— Saratoga Springs, NY-based Prime Group has purchased Riverline Self Storage, a 381-unit self-storage facility located in the Philadelphia suburb of Cinnaminson, NJ, for $5.4 million.