BOSTON—Senior Housing Properties Trust acquired the two life science buildings totaling 1.65 million square feet in May 2014 for $1.125 billion from the Fallon Co.
NEW YORK CITY—The 1.1-million-square-foot 35-story office tower at 199 Water St. was built by Jack Resnick & Sons in 1984 and was designed by Swanke Hayden Connell Architects.
NEW YORK CITY—The manufacturing sector, which bled jobs the previous 10 years, is well positioned for the future with businesses engaged in 3-D printing, metal and wood fabrication, and food manufacturing expected to add jobs in coming years.
BOSTON—The BRA calculates the projects approved last Thursday evening total approximately one million square feet of new development and involves nearly $600 million in development cost.
BOSTON—Other members of the consortium that acquired the 90-year-old 273-key hotel include: Eastern Real Estate, Rockpoint Group, Lubert-Adler and Highgate.
NEW YORK CITY—The Real Estate Board of New York reports that average sale prices increased in all five boroughs of New York City in the second quarter.
SCRIBA, NY—Entergy, which also owns and operates the Indian Point 2 and 3 nuclear power plants in Buchanan, NY in Westchester County, had previously announced it would cease operations at the FitzPatrick plant in late January 2017.
BOSTON—Earlier this year Des Moines, IA Principal and Wilder established a programmatic venture to invest in retail properties throughout the New England area.