New York City
JV Aims to Acquire Single-Tenant Industrial Properties between Boston and Baltimore
A newly formed joint venture between Pacer Partners (Boston and New York City) and Drake Real Estate Partners (New York… Read more
Meridian Lines Up $380M Financing on Nationwide Storage Portfolio
Meridian Capital Group arranged $380 million in financing for a 22-asset self-storage portfolio located across the country on behalf of Prime… Read more
Wonolo Announces Raise of a $138M Growth Round
Increasingly, businesses across the country are grappling with unpredictability – from inconsistent consumer demand to labor shortages to supply chain… Read more
Law Firm Relocates, Expands within Graybar Building
Avison Young’s New York City office arranged a 27,000-square-foot lease for the law practice of Wingate, Russotti, Shapiro & Halperin,… Read more
Remote Working Could Mean $1.6B Loss for NYC Retailers
A greater emphasis on remote working could cost New York City’s retailers up to $1.6 billion annually with a $111-million net decline in tax revenue, city Comptroller Scott Stringer… Read more
Enclave Buy Marks RockFarmer’s Second Venture in Austin Multifamily Market
New York City-based RockFarmer Properties and Austin-based Wildhorn Capital recently acquired Enclave at Waters Edge. The 184-residence multifamily development located… Read more
Avison Young Brokers Pair of East Village Multifamily Deals
Avison Young’s Tri-State Investment Sales Group arranged the sale of two mixed-use multifamily properties in the East Village. The 13-unit 164 First Ave. traded for… Read more
Hudson Yards Agency Will Issue NYC’s First Green Bond
Hudson Yards Infrastructure Corporation (HYIC) will sell the first green bond issued by a city-related entity. Proceeds from the $450-million bond… Read more
Blue Owl to Acquire Oak Street Real Estate Capital for $950M
New York City-based Blue Owl Capital Inc. has agreed to acquire Oak Street Real Estate Capital, LLC and its investment… Read more
Bradford Allen Opens Manhattan Office, Hires Industry Veteran Glenn Isaacson
Chicago-based services firm Bradford Allen has expanded with the opening of a New York office and the strategic hiring of industry veteran Glenn… Read more
NYC Industrial Leasing Holds Strong Despite Limited Availability
New York City’s industrial real estate market posted 864,000 square feet of leasing activity during the third quarter of 2021, up 47%… Read more
CBRE Completes Sale of Sarasota Multi-Tenant, Walgreens Ground Lease
CBRE has facilitated the sale of Oaks Plaza, a two-building, multi-tenant retail center plus a separate parcel ground leased to… Read more
Diverse Development Team Proposes 1,500-Foot Tower Near Javits Center
The team behind a proposal for Manhattan’s tallest building presented its plans to Empire State Development Corporation Thursday. The tower… Read more
Blue Owl Capital Signs Up for Short Hills Offices
Blue Owl Capital has signed an 11-year office lease at The Birch Group’s 51 JFK Pkwy. in Short Hills, NJ. The tenant, a market… Read more
Activist Investor Takes Macy’s Stake, Urges Spin-off of E-Commerce Business
Activist investor Jana Partners has taken a stake in Macy’s and sent a letter to the department store chain’s board urging it… Read more
U.K.-Based Future plc Signs Midtown Lease Amid U.S. Expansion
Cushman & Wakefield arranged a long-term, 16,000-square-foot, full-floor lease for multi-platform media company Future plc at 130 W. 42nd St. in Midtown Manhattan. The U.K.-based tenant… Read more
Work Wraps on SL Green’s 410 Tenth Ave. Redevelopment
Architecture firm MdeAS announced the completion of the full redevelopment of 410 Tenth Ave., an approximately 640,000-square-foot, 20-story office tower in Manhattan’s Midtown… Read more
Tenant-Rep Veteran Larry Zuckerman Joins Avison Young
Avison Young has hired Larry Zuckerman as principal in the New York City office. He brings nearly 40 years’ commercial real… Read more
Square Mile Capital Provides $127M Loan on Three-State Industrial Portfolio
New York City-based Square Mile Capital Management LLC originated a $127-million loan secured by a six-property, 1.2-million-square-foot industrial portfolio in Palm… Read more