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With joint-venture partner Invesco, Monday Properties has sold The Helmsley Building at 230 Park Ave. in New York, NY to RXR Realty for $1.2 billion, or about $927 per square foot. The 34-story, 1.29 million-square-foot, 5-Star office tower was built in 1929 on 1.6 acres in the Grand Central submarket of Manhattan, between 45th and 46th Streets....
Federal Realty Investment Trust (NYSE: FRT) along with local market partners Grass River Property and The Comras Company have acquired an 80% interest in the CocoWalk lifestyle center at 3015 Grand Ave...
After alluding to plans to launch its first off-price retail segment earlier this year, Macy's Inc. this week revealed it will open its first four pilot discount stores this fall in metro New York City...
Stripe, Inc., a web and mobile payment software developer, has signed the San Francisco market’s largest lease of the year, taking all 300,000 square feet in a project under development by Alexandria Real...
Bob Evans Farms Inc. said it plans to close 20 of its restaurants after completing performance review of its retail portfolio. The chain said it plans to close the stores over the next 12 months, with...
Oregon-based athletic wear kingpin Nike has signed an 11-year lease to take 147,000 square feet in a new mixed-use development being built by The Durst Organization at 855 Sixth Ave. in New York City....


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