New York
Seagis Adds to Outer Borough Industrial Holdings
Seagis Property Group made two industrial acquisitions totaling 101,340 square feet in Brooklyn and Queens. Pricing wasn’t disclosed. The larger… Read more
Newcastle Divests San Francisco Asset for $27M
San Francisco-based Newcastle Partners, Inc. and JV partner New York-based Drake Real Estate Partners sold 900 Kearny St., a 30,000-square-foot,… Read more
Lendlease’s Weldon Will Manage Chicago Pipeline
Lendlease has promoted Theodore T. Weldon III from SVP of development to executive general manager of development for Chicago. Weldon… Read more
Long-Running Co-working Space Rebrands as ElevatedNY
The long-running co-working space at Edison Properties’ Hippodrome Building has a new name, ElevatedNY, and a new look. The newly-remodeled… Read more
Weeks Will Lead Development for Rockefeller Group
Veteran real estate executive Thomas Weeks will join Rockefeller Group in New York City as EVP and head of development,… Read more
CushWake Brokers $16M Sale of Tampa MF Property
Cushman & Wakefield has arranged the $15.9 million sale of Oak Ridge Apartments, a 137-unit, garden-style multifamily community in Largo.… Read more
FCP Puts Preferred Equity into LI Apartment Buy
FCP recently closed on a preferred equity investment to facilitate Fairfield Properties’ acquisition of Westfield Green, a newly-developed apartment community in… Read more
Michael Gazzano Joins Turnbridge from Caruso
Turnbridge Equities appointed Michael Gazzano as Managing Director of its Los Angeles office. He will be responsible for the acquisition… Read more
Passive House Project Launches for Bronx Seniors
The New York City Department of Housing Preservation and Development (HPD) and other city agencies joined Breaking Ground and project… Read more
Social and Wellness Club Makes Debut at East Williamsburg Offices
The Hudson Companies has inked a 10-year, 4,570-square foot lease with Ethel’s Club, a new social and wellness club catering to people… Read more
Anbang Selling Hotel Portfolio to South Korean Investor for $5.8B+
China’s Anbang Insurance Group Co. agreed to divest a luxury hotel portfolio to Mirae Asset Global Investments for more than… Read more
Deal Reportedly Clears Way for Industry City Rezoning
Ahead of a public meeting Monday at which he’ll deliver his final verdict, Brooklyn Councilman Carlos Menchaca has reportedly reached a deal with… Read more
Safehold Inks $275M Ground Lease on 195 Broadway
Ground lease REIT Safehold Inc. has entered into a definitive agreement to create a new $275-million ground lease at 195… Read more
Exact Capital Expands Executive Team
Exact Capital, a Midtown-based development firm active in Northern Manhattan and the Bronx, has expanded its executive team and moved… Read more
Godiva Café Opts for Flatiron District to Open 6th NYC Location
Thor Equities recently leased 2,400 square feet at 933 Broadway, located between 21st and 22nd streets, to Godiva Café. The… Read more
JBA Secures Construction Debt on North Bergen Condo Tower
JBA Equities secured a $55.5-million construction loan for 8701 Churchill Rd., a 14-story, 70-unit condominium project in North Bergen, NJ. The financing… Read more
365 Adds NJ Data Center to Portfolio
365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater,… Read more
Chetrit Organization’s Parkhill City Opens Leasing Office
The Chetrit Organization’s Parkhill City multifamily project in the Jamaica section of Queens has opened its leasing office. The two-building… Read more
Marquee Brands Consolidates with Move to Vornado’s Far West Offices
JLL completed a new transaction for Marquee Brands LLC at Vornado Realty Trust’s 330 W. 34th St. The global brand… Read more