NEW YORK CITY-In an attempt to better align its corporate structure and separate the roles of CEO and chairman, Lexington Corporate Properties Trust has promoted 15-year veteran of the company, T. Wilson Eglin, as its new chief executive.
NEW YORK-The joint venture comprising One Liberty Properties and MTC Investors LLC now owns a Regal Cinema near Rochester, NY; a Regal Cinema outside San Antonio; and a Cinemark theater in Lubbock, TX. The total consideration for the theaters was about $30.8 million.
NEW YORK CITY-The US General Services Administration inks a deal for 33,420 sf at 395 Hudson St. in the West Village. The US Census Bureau will occupy the space.
NEW YORK CITY-During a three-hour event held Downtown in the Winter Garden yesterday, seven teams of architects and designers debuted their much-anticipated proposals for redeveloping the 16-acre site that formerly housed the World Trade Center.
NEW YORK CITY-Geller & Wind Ltd., an employee benefit consulting firm, has inked a 12-year lease for 18,000 sf on the fifth and sixth floors of 462 Seventh Ave. Hunter Realty Organization LLC arranged the transaction.
SAO PAULO, BRAZIL-The firm has appointed Celina Antunes as CEO of South American operations, marking the first woman to climb to C-Suite status at the firm. Based in Sao Paulo, Brazil, she will oversee all of C&W's expansion plans throughout the continent.
CZECH REPUBLIC-ProLogis has revealed that its recent acquisitions and leases totaling more than 1 million sf of Czech Republic industrial property is just the tip of the iceberg in its expansion strategy regarding soon-to-become members of the European Union.
NEW YORK CITY-Just shy of a year from its intended debut, the much-anticipated AOL Time Warner Center inks three leases for high-profile retail outlets--a Rande Gerber lounge, a Stuart Weitzman boutique, and a Tourneau retail store.
NEW YORK, NY-Vertical Line Productions purchases the industrial facility, which sits on 10 acres in the Long Island town of Riverhead, for use as a warehouse expansion to its nearby headquarters.