New York
Chase Plaza Acquired for $50M
CBRE Group, Inc. completed the sale of Chase Plaza, a 15-story office building in DTLA, for more than $50-million. The… Read more
655-Room NY Marriott East Side Up for Sale – Again
Deka Immobilien and Askenazy Acquisition are putting the 655-key New York Marriott East Side up for sale, 18 months after… Read more
Columbia Property Sells 80 Park Plaza for $175M
Columbia Property Trust, headquartered in Brooklyn, closed on the sale of 80 Park Plaza, a 973,000-square-foot office property in Newark,… Read more
Axiometrics: Apartment Supply by Market and Renter Occupations
Axiometrics has released data on the top markets for new apartment supply coming online. Baby boomers and millennials represent the… Read more
WeWork Plans 90K-SF Facility in Downtown San Diego
The largest co-working space in San Diego is set to open in downtown this winter. New York-based WeWork plans to… Read more
Self-Storage Developer Pays $26M for Commercial Condos
Self-storage property developer Madison Development acquired an entire retail component at the base of residential condominiums at 262-272 Mott St.… Read more
Lexington Realty Sells Last of NY Parcels for $338M
Lexington Realty Trust has disposed of the last of its three New York City land investments, receiving $338.2 in the… Read more
Douglas Emmett, Qatar JV Picks Up Wilshire Asset for $139.5M
Santa Monica-based Douglas Emmett, Inc. acquired 233 Wilshire Blvd., a 129,000-square-foot office property for $139.5 million. The 94%-leased asset will… Read more
Visiting Nurse Service Inks 308K-SF Deal at East 42nd
The Visiting Nurse Service of New York (VNSNY) struck a deal with SL Green Realty Corp. on a 30-year leasehold… Read more
Google Buys Mountain View Asset for $225.4M
Google acquired the former Mayfield Mall in Mountain View, CA, paying $225.4 million for San Antonio Station. The giant tech… Read more
Opal Holdings Secures $52M for East Village Development
Opal Holdings obtained a $52 million first mortgage loan to buy a development site in Manhattan’s East Village. The loan… Read more
$1.5B Loan Paves Way for Second-Tallest NYC Building
SL Green Realty Corp. closed on $1.5 billion of construction financing to develop One Vanderbilt. The 1.6-million-square-foot office tower, topping… Read more
Radiant Partners Acquires 681K-SF Mall of Abilene – Again
More than 10 years after selling Mall of Abilene to an Atlanta buyer, Radiant Partners LLC of New York bought… Read more
NGKF Completes $122M Sale of CH2M Global HQ
NGKF completed the $122-million sale of CH2M’s global HQ in Englewood, CO. The buyer was New York-based Angelo, Gordon &… Read more
Who’s Paying the Highest Office Rents in the Nation?
It may come as no surprise that the most expensive office asking rates are located on Sand Hill Road, in… Read more
Blackstone Secures $99M in Financing for 44 Wall Street
Deutsche Bank and Paramount Group have teamed up to finance 44 Wall Street in New York City, a Blackstone Group-owned… Read more
Blackstone’s $1.5B Logistics Purchase from LBA Realty
New York-based Blackstone Group LP is acquiring $1.5-billion worth of logistics centers from Irvine, CA-based LBA Realty LLC. The 12-million-square-foot… Read more
Iconic Union Square Asset Trades for $73M
Colliers International negotiated the $73-million sale of the iconic 220 Post Street Building in San Francisco’s Union Square shopping district.… Read more
Connect Apartments: “Cashflow Kings” Suggest Enough Capital for Small Deals
By Amy Wolff Sorter The focus of multifamily capital tends to be on massive transactions; the just-completed, Class A trophy… Read more