Northeast

Boston Business Journal Regency Centers has bought Cornerstone at Westford, a 236,000-square-foot retail center in Westford, Mass., for $74 million, or $313.56/sf. The Jacksonville, Fla., retail REIT purchased the property from its developer, RAVentures of Westford. Cornerstone at Westford, at...

The Real Deal Eurostars Hotel Co. has paid $95 million, or $887,850.50/room, for the 107-room Chemists' Club Hotel at 52 East 41st St. in midtown Manhattan. The Barcelona company bought the property from Azora, which also is based in Spain,...

Boston Business Journal Equus Capital Partners has bought the two-building Centech Park North industrial property in Shrewsbury, Mass., for $75.1 million, or $250.27/sf. The Newtown Square, Pa., investment manager acquired the 300,075-square-foot business park from its developer, NorthBridge Partners of...

Commercial Observer David Yurman, a retailer of designer jewelry, has leased the nearly 24,000 square feet of retail space at the base of the Mandarin Oriental Residences at 685 Fifth Ave. in Midtown Manhattan. The retail space takes up the...

Commercial Observer Caprice Holdings, a London owner/operator of restaurants and clubs, has paid $100 million, or $3,333/sf, for the Triangle Loft building at 675 Hudson St. in Manhattan's Meatpacking District. The company plans to convert the property, a five-story former...

The Real Deal JPMorgan Asset Management is looking to sell its 49% stake in the 1 million-square-foot 605 Third Ave. office building in Midtown Manhattan. The investment manager, which owns its stake in the property on behalf of the Commingled...

Wall Street Journal Airbnb Inc. is said to have purchased the 42,500-square-foot office building at 281 Park Ave. South in Manhattan's Midtown South submarket for $81.5 million, or $1,917/sf. The historic building, commonly known as the Church Missions House, was...

New York Times The 38-story office property at 235 East 42nd St. in Midtown Manhattan that is undergoing a residential conversion has been evacuated as construction workers noticed cracks, as well as structural support beams beginning to buckle on the...

Boston Business Journal A venture of Lincoln Property Co. and investors advised by JPMorgan Asset Management has bought The Edge, a 962,000-square-foot office complex in Wakefield, Mass., for $61 million, or $63.41/sf. Hobbs Brook Real Estate of Waltham, Mass., sold...

Commercial Observer Delshah Capital has paid $127.8 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, N.Y., in separate deals. The New York real estate developer paid $45.8 million for 227 Grand St., which has...