Office

WASHINGTON, DC--Several days ago, Boston Properties and The New York State Common Retirement Fund sold a chunk of the ownership in 655 15th St., NW, to Blackstone Group for $288.1 million.

HANOVER TOWNSHIP, NJ—The transaction completes a pioneering, five-and-a-half-year initiative that has successfully repurposed and redeveloped the 194-acre former Alcatel-Lucent campus at 67 Whippany Road.

TUSTIN, CA—For every off-market transaction the firm has closed, there are 20 to 30 on which it has swung and missed, Harbor Associates' Paul Miszkowicz tells GlobeSt.com in this <b>EXCLUSIVE</b> look at a recent off-market Tustin acquisition.

TYSONS, VA-The company has partnered with Angelo, Gordon to acquire Tysons Concourse from CalSTRS.

Here's a look at this week's trends, announcements and deals that you may have missed in the Northeast region.

BEIJING—Lu Zhiqiang was one of China's first big, private real estate developers.

CHICAGO—Although a large headquarters office may be essential, “law firms may be overlooking an opportunity to create meaningful cost savings by thinking about their space needs differently,” says Daniel Arends, who heads the national legal sector practice at Colliers.

NEW YORK CITY—Yet when broken down by avenue, and looking at office “trick-or-treating,” (i.e. relocating), there is far less horror across the submarket, according to a new—and Halloween-themed—research report.