New York
JLL Arranges $690M Financing on BREIT Industrial Portfolio
A Dallas-based JLL Capital Markets team arranged a $690-million financing on behalf of Blackstone Real Estate Income Trust for a portfolio of… Read more
Apollo to Acquire Griffin Capital’s Wealth Distribution, Asset Management Units
Apollo said Thursday it would acquire the U.S. wealth distribution and asset management businesses of Griffin Capital. Terms weren’t disclosed. The acquisition… Read more
Walker & Dunlop Lines Up $170M Loan on Historic Fifth Avenue Mixed-Use
Walker & Dunlop, Inc. arranged $170,000,000 in financing from PCCP, LLC for 122 Fifth Ave., a historic mixed-use office and retail building between West 17th… Read more
BOMA New York Leadership Breakfast Delves into City’s New Construction Code
Toward the end of November, BOMA New York produced its Annual Leadership Breakfast at Club 101. Sponsored by Arrow Security,… Read more
Klosed Properties Snaps Up Mixed-Use on Upper West Side
Avison Young’s New York office arranged the sale of 2651-2657 Broadway, a mixed-use building on the corner of Broadway and… Read more
Army Corps of Engineers Gives Final Sign-Off on Gateway Tunnel Project
The U.S. Army Corps of Engineers has signed off on the Gateway Tunnel project, providing the final federal approval needed to construct a new… Read more
Meta’s Sunnyvale Commitment is Year’s Largest Private Sector Office Lease
Tishman Speyer has signed Meta, the parent company of Facebook, to 719,037 square feet at its Sunnyvale, CA office campus. It’s believed to be the largest… Read more
Investcorp, Sovereign Wealth Funds Partner on U.S. Industrial
Investcorp and a partnership of two leading sovereign wealth funds have formed a new venture to acquire industrial real estate assets in the U.S. The identities of the… Read more
Seattle Posts Double-Digit Percentage Gains in Office Rents
CBRE’s Tech-30 report, now in its 10th year, measures the industry’s impact on office demand and rents in the 30… Read more
Grower-Owned 787 Coffee Brews Up SoHo Location
Philips International said Monday that 787 Coffee Co. will open its 14th New York City location at 72-74 Thompson St. in SoHo. 787 Coffee… Read more
Ariel Lists West Harlem-Hamilton Heights Trio
Ariel Property Advisors has exclusively listed properties at 369 W. 126th St., 532 W. 152nd St. and 417 W. 126th St, all in Northern Manhattan’s West Harlem-Hamilton… Read more
Turner Construction Relocates Headquarters to Far West Side
Turner Construction Company will relocate its global headquarters and New York office to The Spiral, Tishman Speyer’s 65-story office tower currently under construction at 66 Hudson Blvd. on… Read more
Savills, SRS Form Strategic Alliance
Savills said Monday it had formed a strategic alliance with SRS Real Estate Partners, supplementing its existing North American retail… Read more
BARK Opts for Single-Floor Headquarters at 120 Broadway
The Original BARK Company, the company behind BarkBox, signed a 15-year, 52,000-square-foot office lease at Silverstein Properties’ 120 Broadway in the Financial District. BARK is slated… Read more
Skyline Amasses 82K SF of Leases at 1040 Sixth Ave.
Skyline Developers, the New York and New Jersey-based development firm owned by the Wilf family, has completed a series of leases totaling… Read more
Downtown Chicago’s Class B Office Stock Poised for Residential Conversion
Chicago ranks third only behind New York and Washington, DC in potential for converting class-B office to residential use, according to the National Association… Read more
Squire Technologies Inks Full-Building Lease on Lower East Side
Cushman & Wakefield arranged a long-term, full-building lease for Squire Technologies, Inc. at 216 Bowery, a new boutique office redevelopment on… Read more
Reimagined 1501 Broadway Draws New Tenants
Newmark and the ownership of 1501 Broadway unveiled the Midtown office tower’s recently completed pre-build program and more than 25,000 square feet of office leasing since the onset of a capital improvement… Read more
Taconic, National Close on $204M Construction Loan for Hell’s Kitchen Tower
Taconic Partners and National Real Estate Advisors, LLC closed on a $204-million construction loan with the Union Labor Life Insurance Company for their upcoming mixed-use residential building at 312 W. 43rd St. in Hell’s Kitchen. Avison Young’s co-leads of… Read more