New York
IPA Team Closes $46M Power Center Deal Near Akron
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of The Plaza at Chapel Hill, a 458,935-square-foot Giant… Read more
B6 Secures Refi on Times Square Billboard Asset
B6 Real Estate Advisors recently closed on a transaction at 226 W. 52nd St. at $6,796,465. B6’s client, Shout Outdoor Media, acquired the Novotel… Read more
Hodges Ward Elliott Adds Dalicandro as VP
Frank Dalicandro has joined Hodges Ward Elliott (HWE) as a VP in its New York office. In his new role,… Read more
Investment Firm Pretium Hires Macro Research Head
Investment firm Pretium, with $14 billion of managed assets spanning real estate, residential and corporate credit, has hired Charlie Himmelberg as… Read more
Scottsdale’s Wells Fargo Gainey Center Claimed by NY Investor
AREA Exchange Asset III, LLC, an affiliate of New York City-based Ascent Real Estate Advisors, acquired Wells Fargo Gainey Center,… Read more
Finance Experts Outline CRE Lending Opportunities Ahead Despite COVID-19
By Dennis Kaiser Connect Commercial Real Estate’s Los Angeles Finance webinar, held earlier this week with a group of CRE… Read more
JLL Advises Kamber on Repositioning Tower 45
JLL is advising Kamber Management on repositioning Tower 45, located at 120 W. 45th St., for a post-COVID-19 world. The… Read more
LaGuardia Airport’s New Terminal B Opens for Arrivals and Departures
LaGuardia Airport’s new Terminal B Arrivals and Departures Hall opened to the public on Saturday, serving American Airlines, United Airlines,… Read more
Greystone Delivers $91M Refi for 1,406-Unit Tucson MF Portfolio
New York-based Greystone provided $91,279,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans to refinance a 1,406-unit multifamily portfolio… Read more
ESRT Signs, Renews Finance Tenants at One Grand Central
Empire State Realty Trust (ESRT) renewed Charles Schwab’s 10,702-square-foot retail lease at One Grand Central Place. The REIT also signed… Read more
Enterprise Community Partners Names Warshaw as COO
Columbia, MD.-based affordable housing nonprofit Enterprise Community Partners has hired Drew Warshaw as Chief Operating Officer for Enterprise and its… Read more
CBRE Global Investors Snags 550K-SF Cold Storage Facility in Maryland
A fund sponsored by CBRE Global Investors has acquired the Principio Commerce Center II, a 550,050-square-foot cold storage and distribution… Read more
Industry Coalition Draws Up Guidelines for Safe Return to Offices
The Real Estate Board of New York (REBNY), 32BJ SEIU, Realty Advisory Board on Labor Relations, Inc., (RAB), Local 94… Read more
Ariel Markets West Harlem O-Zone Site
Ariel Property Advisors has been retained to sell 521 W. 134th St. in West Harlem. The property, a Manhattan Opportunity… Read more
Bowery Mixed-Use Fetches $1,175/SF
Cushman & Wakefield arranged sale of 159 Bowery, a 4,252-square-foot mixed-use property on Manhattan’s Lower East Side. The final sale price was… Read more
Paramount Closes on Sale of 1633 Broadway Stake
Paramount Group Inc. said Thursday it completed the joint venture sale of a 10% interest in 1633 Broadway, its 2.5-million-square-foot… Read more
Naftali Makes NYC’s Biggest Land Deal Since Shutdown
The Naftali Group finalized the acquisition of 470 Kent Ave., adjacent to the Brooklyn Navy Yard and one of the… Read more
Office Deal Gives NYC Investment Sales “Great Shot in the Arm”
JLL Capital Markets has completed the sale of 150 E. 45th St., also known as the Lord Memorial Building, in… Read more
Investment Firm Hickory Lane Commits to 530 Seventh
Hickory Lane Capital Management has signed a three-year, 2,100-square-foot lease at Savitt Partners’ 530 Seventh Ave. The space will serve as… Read more