NEW HAVEN, CT-Two Connecticut housing developments, one in Groton and another in Branford, sold for a combined $19.49 million, according to Marcus & Millichap Real Estate Investment Brokerage Co., which brokered both deals.
HAWTHORNE, NY-Mack-Cali Realty and a local pharmaceutical company have teamed up to acquire 3 Skyline Dr. here in the Mid-Westchester Office Park for $13.6 million.
HARTFORD, CT-An affiliate of The Hutensky Group LLC has acquired four Kmart-anchored shopping centers in the Mid-West from Malan Realty Investors for $14.8 million.
WHITE PLAINS, NY-Caspi Development of Purchase, NY has acquired the two-building office complex at 235-245 Main St. here from Reckson Associates Realty Corp., for $18.5 million.
WHITE PLAINS-The approval by the Common Council earlier this week of New York Presbyterian Hospital's biomedical research and cancer treatment complex ends nearly 20 years of wrangling between the City of White Plains and the hospital.
NEW HAVEN, CT-Office vacancy rates in New Haven bucked national trends and fell ever so slightly in the second quarter of this year, despite turbulent capital markets and a struggling economy.
VALHALLA-In the largest lease transaction in Westchester County in the past two years, Fuji Photo Film U.S.A. Inc., has signed a lease for 164,000 sf of space for its US headquarters at 200 Summit Lake Dr. here.
WALLKILL, NY-In one of the largest deals in Orange County in some time, Wal-Mart reports that it plans to build a $48.5-million, 1.2-million-sf distribution center here.
ALBANY, NY-New York State reports that 154 affordable-housing projects across the state have been awarded a total of $116 million in state and federal loans or tax credits. The funding is expected to create more than $500 million in housing development activity.