Northeast

“One of the most astute investors on the planet is buying here. That should tell you something,” says Will Silverman, the sellers' broker, in a GlobeSt.com interview.

The California State Teachers' Retirement System is reportedly joining L&L Holding Co. in buying a stake that's separate from the Normandy Real Estate Partners' interest in the former brick warehouse.

“At least half of the clients we are dealing with now are putting in some sort of amenity that wouldn't have happened five years ago.”

New York City-based Tishman Speyer reports the $1,208-per-square-foot sale price for the Seaport District office tower at 200 Pier 4 Blvd. calculates out to the highest ever achieved for a Boston office property.

New Jersey buyers aren't used to the aggressive price bidding from New York competitors who see even record-high New Jersey prices as a bargain, says Alan Cafiero of Marcus & Millichap.

Fête New York to Open at Adams & Company's 231 W. 39th St.

The developers obtained $51 million in financing to acquire properties in the Bronx and Brooklyn.

The New York City office of real estate lending and investment firm Greystone provided a $68.77 million Fannie Mae DUS loan to Quantum Equities for the property purchase.