New York
Carey Watermark Diversifies with UTC Marriott Hotel Acquisition
New York-based REIT Carey Watermark Investors 2 Inc. (CWI 2) acquired the San Diego Marriott La Jolla from an affiliate… Read more
NGKF, CBRE Complete $37M Microsoft Deal
An affiliate of Los Angeles-based Hayman Properties acquired Redmond Woods, a 145,221-square-foot, Microsoft-anchored office complex in Redmond, WA from New… Read more
NYC’s Astoria Cove MF Development On Hold
Astoria Cove, a 2.2-milliion-square-foot waterfront housing development in New York City’s Astoria neighborhood, has hit a financing roadblock. The project,… Read more
Analysts Call for 25% Drop in UK CRE Prices
Though UK funds with exposure to commercial real estate in and around Britain have yet to be open for trading… Read more
Bloomberg Signs 204K-SF Expansion Lease in NYC
Leading business and financial information network Bloomberg LP signed an expansion lease covering 204,442 square feet at 919 Third Ave.… Read more
NGKF Handles $165M Playa Vista Deal
New York-based Rockwood Capital is acquiring Playa Jefferson, a 195,668-square-foot creative office property in Playa Vista, CA from Manhattan Beach,… Read more
Sovran Self-Storage to Launch $22M Rebranding Plan
Sovran Self-Storage Inc. will rebrand its 563 storage facilities from “Uncle Bob’s Self Storage” to “Life Storage.” The move comes… Read more
CBRE Global Investors Sells San Jose Marriott for $154M
New York-based REIT Carey Watermark Investors 2 Inc. (CWI 2), acquired the downtown San Jose Marriott Hotel from Los Angeles-based… Read more
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