Globest Sectors

Moving from the West Village, SoHo, Tribeca area of Hudson Square, Great Performance secures 40,000 square feet with a 20-year lease at a good price.

SL Green and the Armani Group are redesigning the Giorgio Armani boutique into a new flagship store and 19 luxury residential apartments.

The port's long-term goal of moving 50% of cargo by rail is inching closer with several new rail expansion projects in place and a $1 billion commitment from the Harbor Commission.

DDC's capital commitments have more than doubled in the last 10 years as its responsibilities have grown, to more than $2 billion in Fiscal Year 2018, according to city officials.

"After running a competitive bid process, we were able to procure an out-of-state fund buyer that was drawn to this portfolio for two reasons: the strong growth of the tenant, and the alignment with its social-impact investment strategy."

With the purchase now finalized, SST II has added 29 self-storage facilities to its portfolio and obtained the right to acquire one other self-storage facility currently under contract.

"Selling points include the portfolio's alignment with major health systems, durable income and locations in strong metro markets."

“This is an incredible asset in a superb location,” says Jeff Turkanis, VP at Oxford Properties Group. “As our first residential acquisition in Boston, this deal speaks to our commitment to significantly grow our residential portfolio globally, which currently stands at over 10,000 units.”