New York City
Revel Partners with Logical Buildings to Support Cleaner Grid
Brooklyn-based Revel, which provides charging infrastructure and shared electric vehicle fleets, is partnering with Logical Buildings’ GridRewards, a virtual power plant software, to… Read more
Biotech Firm Joins Tenant Roster at Alexandria Center
Biotech firm Immunai has inked a 12,288-square-foot office/laboratory lease at Alexandria Real Estate Equities’ Alexandria Center for Science and Technology, 430 E.… Read more
SVN | SFR JVs with Walton in Build-for-Rent Sector
SVN | SFR Capital Management, a New York City-based investment firm dedicated to the single-family build-for-rent (BFR) sector, and Phoenix-based Walton… Read more
Simplebet Relocating to ATCO Offices in Flatiron District
ATCO Properties & Management said Thursday that Simplebet will soon relocate its New York City headquarters to 373 Park Ave. South in the Flatiron District. The… Read more
Manhattan Office Availability Rate Ticks Downward as Q2 Ends
Manhattan second-quarter office leasing volume was virtually unchanged, quarter-over-quarter, according to Colliers. At 4.55 million square feet, Q2 2021 leasing volume… Read more
iStar Explores Sale of Its Net Lease Portfolio
iStar Inc. said Tuesday that it intends to explore market interest for possible sales of its net lease assets. The… Read more
Chicago Multifamily Rents Continue Growth Streak
Chicago apartment rents increased 2.5% during June, and increased by 1.5% in comparison to the year-ago period, Apartment List reported.… Read more
DiamondRock Finalizes $185M Sale of Midtown Manhattan Hotel
DiamondRock Hospitality Company said Thursday today that it completed the disposition of the 725-key Lexington Hotel in Midtown Manhattan to an undisclosed… Read more
Meridian Arranges Refi on Net-Leased Portfolio of Medical Office, Retail Assets
Meridian Capital Group arranged $35.5 million to refinance the Hirschfield Portfolio containing 18 separate commercial properties in California, Colorado, Florida,… Read more
Demand for NYC Lab Space “Continues to Explode”
Life-science lab space has emerged as a coveted sector of commercial real estate, with New York City reaping the benefits, CBRE says in… Read more
Steiner NYC Restores Two Historic Navy Yard Buildings
As part of its new 696,000 square-foot Admirals Row mixed-use development, Steiner NYC has restored the historic 1850s Brooklyn Navy… Read more
Ventas to Acquire New Senior for $2.3B
Chicago-based Ventas, Inc. and New York City-based New Senior Investment Group Inc. have entered into a definitive merger agreement in… Read more
NYC Launches Competition for Climate Center on Governors Island
Mayor Bill de Blasio and The Trust for Governors Island on Monday launched a global competition to create a climate-focused… Read more
Stacom-Shanahan Duo Takes Top Honors at REBNY’s Ingenious Deal of the Year Awards
New York City commercial brokerage leaders honored the recipients of the Real Estate Board of New York (REBNY)’s Sales Brokers Most… Read more
Luxury Reseller Commits to 60K SF at Starrett-Lehigh Building
Fashionphile, the luxury reseller headquartered in California, will lease more than 60,000 square feet at RXR Realty’s Starrett-Lehigh Building in… Read more
Meridian Arranges CMBS Refi on Jamaica Retail
Meridian Capital Group recently arranged a $64-million refinancing for Jamaica Retail Center in Queens. The 10-year CMBS loan features full-term… Read more
Hines Tops Off Apartments at $1B MXU on Hudson Waterfront
Hines has topped off construction on NorthLight at Edge-on-Hudson has topped off. The new apartment community in Sleepy Hollow, NY… Read more
Convene Opens Its Largest Event Space at Willis Tower
Convene on Wednesday heralded the expansion of its physical meetings and event spaces with the opening of its largest one to date.… Read more
Partnership Plans Mixed-Use Tower Along Midtown’s Billionaires’ Row
A partnership between Alchemy-ABR Investment Partners and Cain International has completed the acquisition of 125 W. 57thSt. on Midtown’s Billionaire’s Row… Read more