New York
SG Blocks Eyes Possible Conversion to QOZ Business
SG Blocks Inc. said its management team and board are exploring and evaluating whether to become a Qualified Opportunity Zone business… Read more
BH Properties Expands Arizona Footprint, Invests $55M
BH Properties of Los Angeles targeted investments further east — in Arizona — spending a total of $55.3 million for… Read more
Innovo Gears Up for 1M-SF Bronx Logistics Hub
Innovo Property Group (IPG) is preparing to break ground on 2505 Bruckner, a one-million-square-foot logistics center on the site of… Read more
KeyBank Provides $48M Acquisition Loan for Nashville MF Community
KeyBank Real Estate Capital has provided a $48-million Freddie Mac loan for the acquisition of Providence Trail Apartments, a 334-unit… Read more
Avison Team Markets Rockaway Beach Rentals
Avison Young is marketing the 92-unit Shore View Apartment Complex at 9202-9280 Holland Ave. in Queens’ Rockaway Beach neighborhood. The… Read more
Beauty Supplier Acquires Warehouse at Rock Group’s Piscataway Complex
Global beauty company Kiss Products has purchased a 469,600-square-foot distribution building at Rockefeller Group Logistics Center in Piscataway, N.J. for… Read more
Brookfield Place Rolls Out Collection of Tourism Packages
Brookfield Place (BFPL) New York has rolled out a new collection of tourism products for the travel industry categorized under… Read more
Century 21 Backfills 68K SF at Simon’s Roosevelt Field
Century 21 Stores has signed a 68,000-square-foot lease at Simon Property Group’s Roosevelt Field shopping center in Garden City, NY. RIPCO vice chairman Gene… Read more
Fast-fashion Retailer Coming to Gold Coast
Fast-fashion retailer Reformation will open its first Chicago store in Acadia Realty Trust’s Gold Coast portfolio, Crain’s Chicago Business reported.… Read more
Impending Mansion Tax Pushes Manhattan Townhome Sales, Pricing
With a higher New York City mansion tax taking effect July 1, buyers and sellers rushed to close deals on… Read more
American Landmark Taps Tepperman for Capital Markets Lead
Multifamily owner/operator American Landmark has appointed David Tepperman as global head – capital markets. He will be based in New… Read more
Amtrak Launches Nonstop Acela Service
Amtrak plans to launch nonstop Acela service between New York Penn Station and Washington Union Station beginning in September. Initially,… Read more
Brooklyn, LIC Post Strong Numbers in Office Demand
The Brooklyn and Long Island City office markets posted strong quarters in terms of demand and leasing activity, according to CBRE’s Q2… Read more
Milvado Adds Pair of Syosset Properties
Milvado Property Group has acquired 6801 and 6901 Jericho Tpk. in Syosset, NY for a combined purchase price of $18.7 million.… Read more
Best Buy’s Mag Mile Store Will Go Dark
Best Buy plans to close its flagship store in the former John Hancock Center, the Chicago Tribune reported. The two-level,… Read more
CBRE Brokers $126M Sale of Brickell Office Tower
CBRE has arranged the sale of 800 Brickell, a 209,122-square-foot office building and adjacent nine-story parking structure on Brickell Avenue… Read more
Meal-kit Service Plated is Leaving Bronx for Warehouse in NJ
Meal-kit company Plated is closing its Bronx fulfillment center and moving to a larger facility in New Jersey, Crain’s New York Business reported.… Read more
WeWork Targets $3.5B IPO for September
WeWork is looking at a September launch for its initial public offering, Bloomberg News reported. The co-working company is targeting… Read more
530 Seventh Draws Diverse Tenant Base in Latest Leases
Savitt Partners has finalized a number of new leases and expansions at 530 Seventh Ave. A Savitt team of Brian… Read more