Office

The historic SoHo building owned by Stephen Meringoff and Jay Shidler was restored by PBDW architects.

Transwestern Commercial also announced today its Mid-Atlantic Multifamily Group has been named the exclusive agent for the sale of Ashton Heights, a 283-unit, high-rise apartment community at 3901 Suitland Road in Suitland, MD.

The deal brings 225 Franklin St., a 33-story, 943,605-square-foot office building to nearly 90% occupancy.

Globest.com recently asked Philippe Houdard, co-founder of Pipeline Workspaces, to discuss the forces behind the growth in flex space in the Sunshine State and what it means for the future of co-working space here.

As another disruptor in the office leasing market, Breather signed a 17,850-square-foot lease with GFP Real Estate for property in Chelsea.

“The property's attractive location in the Kinzie Industrial Corridor, on-premise parking and proximity to public transportation and nearby expressways were all factors in our decision to buy,” says Michael Schack, principal of Dayton Street Partners.

The GE BioPharma business is currently part of GE Life Sciences, which is headquartered in Marlborough, MA.

This investment expands Admiral's presence in the region, which includes a significant investment as a co-founder of the Fitler Club, opening in Philadelphia in April 2019.