New York
Thor Enters SV Market with $67M MOB Buy
New York-based Thor Equities is acquiring a 100,325-square-foot medical office building in Cupertino, CA from Phoenix-based Vereit Inc. for $67… Read more
Onni Acquires Dev Site in DTLA Arts District
Vancouver, Canada-based Onni Group acquired a 38,266-square-foot development site in DTLA’s Arts District from Core Development Group for reportedly more… Read more
RLJ Lodging Sells Two NYC Hotels, Pockets $286M
RLJ Lodging Trust sold two hotels in New York City for a total of $286 million to an undisclosed seller.… Read more
Equinix to Pay $3.6B for Verizon Data Centers
Equinix Inc., headquartered in Redwood City, CA will pay New York-based Verizon Communications Inc. $3.6 billion to acquire 24 data… Read more
Real Estate Leader Jack Rudin Dies at 92
Jack Rudin, chairman of New York City-based Rudin Management Co., has died at age 92. The cause of death was… Read moreNew York – Weather
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Castle Lanterra Makes Second Corpus Buy
Castle Lanterra Properties (CLP) closed on the buy of the 284-unit Springs at Corpus Christi. The Suffern, NY buyer expanded… Read more
Xceligent Launches in South Florida
Xceligent, which provides building data and marketing metrics to the commercial real estate industry, has expanded into South Florida. The… Read more
Nike Runs to 70K-SF Fifth Avenue Space
Nike Inc. struck a deal with SL Green Realty Corp. and developer Jeff Sutton to take down 69,214-square-feet-plus at 650… Read more
Lincoln-Rockwood Acquire Silicon Beach Mixed-Use Asset for $120M
Dallas-based Lincoln Property Co. partnered with an affiliate of New York-based Rockwood Capital, LLC to acquire Gateway El Segundo, a… Read more
Developer Planning 80 Units Near Casino
Chris Maddalone of Maddalone & Associates Inc. will invest around $10 million to develop Reserve at Townpath Trail, an 80-unit… Read more
WeWork Expanding to 100K SF at Tower 57
Seven months after signing its lease at Tower 57 in Midtown Manhattan, WeWork expanded by another 40,000 square feet, taking… Read more
Agency Agrees to Alexandre Apartments Tax Breaks
The Erie County Industrial Development Agency’s policy committee recommended that tax incentives be approved for the Alexandre Apartments development in… Read more
NYC Developers Obtain $1.2B Construction Loan
GID and Henley Holding Co. obtained $2.3 billion in construction financing for its Waterline Square development on Manhattan’s far West… Read more
210K-SF Kirby Collection Office Tops Out
Thor Equities, headquartered in New York City, officially topped out the 210,000-square-foot office tower at Kirby Collection, located in the… Read more
Westcore Receives $337.5M Commitment from Almanac
San Diego-based Westcore Properties secured up to $337.5-million in additional growth capital from a fund managed by NY-based Almanac Realty… Read more
Landmarks Protected in East Midtown
Eleven iconic buildings in Manhattan’s East Midtown are officially landmarks as part of the city’s strategy to upgrade the district.… Read more
Vanbarton Acquires Another Financial District Asset
New York-based Vanbarton Group acquired 115 Sansome St., a 15-story historic office building in San Francisco for $83 million. Boston-based… Read more