Birthday Wishes

Happy Birthday I.M. Pei: Oldest Living Pritzker Prize Winner Turns 96 Today

I.M. Pei Headshot

The oldest living Pritzker Prize winner turns 96 today.

Chinese-American architect I.M. Pei will celebrate his 96th birthday with a “small, intimate affair,” his family relayed to The Commercial Observer.

During his six-decade career, Mr. Pei created iconic structures across the world, including the Four Seasons Hotel in New York City and the pyramid entrance Read More

Sales Beat

Boston-Based TA Associates Soars With $57.2 M. Pickup of Rare JFK Portfolio

(Credit: onacrew.com)

TA Associates Realty has purchased a 12-building, 481,000-square-foot portfolio adjacent to JFK International Airport’s runway system in Queens, N.Y., known as the JFK Air Cargo Portfolio, for $57.2 million, The Commercial Observer has learned.  The portfolio includes eight land parcels.

“Opportunities to acquire portfolios in the JFK market occur every other decade,” said Gary Gabriel of Cushman & Wakefield in a statement. Read More