New York
Pokemon Go and CRE: A New Experiential Retail
Could the answer that brick-and-mortar retailers need to vie with e-commerce be in the form of a 90s classic gone… Read more
MD-Based DiamondRock Closes on Two Hotel Sales, Pockets $208M
DiamondRock Hospitality Co. closed on two hotel sales totaling $208 million. The 169-room Hilton Garden Inn Chelsea/New York City went for… Read more
Tishman Speyer to Build 1M-SF MXU in Long Island City
Having secured more than 800,000 square feet in pre-leases, Tishman Speyer and partner Qatari Diara are moving forward on a… Read more
Winton Capital Inks 10-Year Deal in Manhattan
Winton Capital Management signed a 10-year, full-service lease, taking down 34,844 square feet at 315 Park Avenue South in Manhattan.… Read more
Equity Office Sells Financial District Asset for $285M
Chicago-based Equity Office divested 100 Montgomery St., a 25-story, 429,095-square-foot office building in San Francisco to Vanbarton Group, LLC for… Read more
NYC’s Greystone Hires Denver’s Cambridge Housing Partners
Greystone, headquartered in New York City, hired a team from Denver-based Cambridge Housing Partners. The team, led by David P.… Read more
American Realty Acquires Hudson Waterfront Asset for $101M
American Realty Advisors acquired 30 Montgomery Street, a 315,385-square-foot building situated on the New Jersey Hudson Waterfront in Jersey City,… Read more
Amazon Could Take Space at NYC’s Hudson Yards
Online retail giant Amazon is reportedly ready to ink a deal for a brick-and-mortar bookstore/café in Manhattan. The location for Amazon… Read more
TruAmerica Pays $81M for Scottsdale Apartments
TruAmerica Multifamily, headquartered in Los Angeles, paid $80.9 million to acquire the 644-unit Scottsdale Springs apartments in Scottsdale, AZ. Abacus… Read more
Blackstone Acquires Market Center
New York-based Blackstone Real Estate Partners acquired Market Center, a 753,000-square-foot, two-building asset for an undisclosed sum from John Hancock Real… Read more
CBRE Arranges $250M for Manhattan Office Buy
CBRE’s Capital Markets’ Debt & Structured Finance team has arranged $250 million in financing for the acquisition of 693 Fifth… Read more
Waldorf Astoria in NY to Shut Down in ’17 for Condo Redo
The Waldorf Astoria, New York City’s iconic hotel, is scheduled to close in spring 2017. At that time, owner Anbang… Read more
Long Island City — The Next Fashion Mecca?
Manhattan is the fashion hub, with Brooklyn a viable alternative. But with rising rents in both boroughs, fashion companies are… Read more
Panama Canal $5.4B Expansion: Ready for Business
The nine-year, $5.4-billion Panama Canal expansion project is complete. The expansion is anticipated to increase Eastern U.S. port business by 10%… Read more
$1B+ in Potential CRE Sales, Including Plaza Hotel
By: Daniella Soloway Following a canceled auction of New York’s iconic Plaza Hotel, an anonymous member of the Saudi royal… Read more
Broadbridge LA Secures $164.5M Redev Capital for Broadway Trade Center
Broadbridge LA, LLC, a joint venture of an affiliate of New York-based Waterbridge Capital and New York-based Continental Equities Group,… Read more
ASB Buys Union Square MXU in Manhattan
ASB Real Estate Investments joined forces with L3 Capital to acquire a Union Square, mixed-use building at 862 Broadway in… Read more
JV Plunks Down $122M for AZ Office Portfolio
Phoenix-based Wentworth Property Co. LLC has teamed with Northwood Investors of New York City to acquire a five-building, 638,717-square-foot office… Read more