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RESTON, VA—Boston Properties has reportedly sold its Patriots Park office complex here to an affiliate of South Korea's Hyundai Group for approximately $321 million.
BETHLEHEM, PA—Philadelphia-based Wallace Roberts & Todd, an integrated design firm of architects, landscape architects and planners, received the 35th annual ULI Global Awards for Excellence for its design of the SteelStacks Arts and Cultural Campus in Bethlehem, PA.
PARSIPPANY, NJ–One Liberty Properties, Inc. has sold 45 Waterview Boulevard, a 106,680-square-foot office property in Parsippany, NJ, to an offshore buyer for approximately $40 million.
In deal-tracker news this week, C&K Properties has signed Parsons Transportation Group, Inc. to a long term lease for 12,300 square feet at 2 Gateway Center. Mark Scott of Commercial Mortgage Capital, a real estate finance firm that arranges permanent, construction and mezzanine loans for a wide range of commercial properties, has joined the U.S. Realty Capital team, as its New Jersey member.
WATCHUNG, NJ—Tuesday Morning, a leading off-price retailer of upscale home accessories, housewares, seasonal goods and gifts, has leased 11,000 square feet of space at the 419,000 square-foot Blue Star Shopping Center in Watchung, NJ.