New York
PGIM Joint Venture Acquires Riverdale Housing from Columbia University
PGIM, the $1.4-trillion global investment management business of Prudential Financial, Inc., said Wednesday that the PGIM Real Estate Fund, Inc. has completed… Read more
Cadillac Dealership on Former Lincoln Yards Site Breaks Ground
Joseph Nicholas Construction (JNC), in partnership with Jack Carter Auto Group, has broken ground on Carter Cadillac of Chicago, a… Read more
Willets Point Development Welcomes First Residents
Queens Development Group (QDG), a joint venture between Related Companies and Sterling Equities, in partnership with city housing and economic… Read more
Omnichannel Retailer Cozey Will Open First U.S. Store in Flatiron District
JLL and Retail By MONA arranged a retail lease for furniture brand Cozey to open its first permanent U.S. store… Read more
Ally Bridge Relocates U.S. Headquarters to Rudin’s 560 Lexington
Rudin said Tuesday it secured a new office lease with Ally Bridge Group at 560 Lexington, its 22-story, 380,000-square-foot office tower… Read more
Talonvest Secures Refi for Five-Property Self-Storage Portfolio
Talonvest Capital, Inc. arranged a $40.2-million refinance loan for a five-property self-storage portfolio on behalf of longstanding client William Warren Group,… Read more
Fire Protection Manufacturer Signs Long-Term Rockland County Lease
Lincoln Equities Group (LEG) signed a 44,000-square-foot, long-term lease at Lincoln Logistics Rockland with Reliable Sprinkler, a national manufacturer and distributor of… Read more
Developers Secure $98M Financing for Conversion of Harlem Correctional Facility
LDG Group LLC, Infinite Horizons, L+M Development Partners and Urbane Development Group have closed on $97.8 million in financing to… Read more
Coffee Chains’ Strategies Can Drive Success Across Food and Beverage Concepts
Amid higher prices and curtailed discretionary spending, coffee remains one of the pillars of the U.S. food and beverage industry.… Read more
Prosperity Partners Signs Full-Floor Lease at 575 Madison Ave.
CBRE arranged a 24,426-square-foot office lease at 575 Madison Ave. in Manhattan’s Plaza District. Prosperity Partners, a New York City-based… Read more
Haussmann Development Closes on Construction Loan for Manhattanville Mixed-Income
Haussmann Development announced the closing of a $40,750,000 construction loan with Affinius Capital LLC, in partnership with Axonic Capital LLC, to finance… Read more
Naftali and Access Real Estate Close on $374M Refi for Phase I of Williamsburg Wharf
Naftali Group and Access Real Estate have closed on a $374.35-million refinancing for Phase I of Williamsburg Wharf, Naftali’s 3.75-acre master-planned development… Read more
Clarion Completes Single-Asset Healthcare Investments Totaling $1B-Plus
Clarion Partners, LLC recently executed on more than a dozen highly curated single-asset healthcare investments totaling over $1 billion. Terms… Read more
Realterm Acquires Hunts Point Outdoor Storage Facility
Realterm, an independent global investment manager focused on the transportation industry, completed the acquisition of 935 Garrison Ave., an industrial… Read more
Ariel Arranges Sale of Gowanus Development Assemblage
Ariel Property Advisors arranged the sale of a premier development assemblage in the Gowanus neighborhood of Brooklyn for $15.75 million,… Read more
Baker McKenzie Expands to 122K SF at 10 Bryant Park
Property & Building Corporation Ltd. (PBC) has completed a 121,833-square-foot renewal and expansion lease with global law firm Baker McKenzie… Read more
Three Trends Shaping the Multifamily Outlook
Given all of the reports and write-ups about the multifamily sector over the past five years, we know where we… Read more
Tavros Signs Chelsea Piers Fitness to Mixed-Use Lower Manhattan Development
Tavros, a privately-owned real estate investment management and development firm, today announced the signing of a long-term lease agreement with… Read more