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Hudson’s Bay Co sold an additional $50M of its equity in HBS Global Properties, its real estate JV with Simon Property Group, to Madison International Realty.
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The biggest leases, sales and loans in New York City this week.
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WeWork has closed a large Boston coworking space in which Amazon had opened a facility in 2017.
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A 106K SF Brooklyn retail property once home to a rowdy movie theater has seen a dramatic drop in its valuation following an appraisal.
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As part of the coworking operator's bankruptcy filing, it listed Boston property owners including Beacon Capital and John Hancock among its largest creditors.
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New requirements, lease terms and deadlines are being imposed on tenants looking to expand while vacancy remains low.
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