New York
TMG, Fortress Divest Final Champion Station Assets for $122M
San Francisco-based TMG Partners and New York-based Fortress Investment Group sold its remaining three properties at Champion Station in North… Read more
Under Armour Takes Former FAO Schwarz Locale
Under Armour Inc. has taken down 53,000 square feet at Boston Properties Inc.’s General Motors Building at Fifth Avenue and… 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
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
Panama Canal $5.4B Expansion: Ready for Business
The nine-year, $5.4-billion Panama Canal expansion project is complete. The expansion is anticipated to increase Eastern U.S. port business by 10%… Read more
$1B+ in Potential CRE Sales, Including Plaza Hotel
By: Daniella Soloway Following a canceled auction of New York’s iconic Plaza Hotel, an anonymous member of the Saudi royal… Read more
Broadbridge LA Secures $164.5M Redev Capital for Broadway Trade Center
Broadbridge LA, LLC, a joint venture of an affiliate of New York-based Waterbridge Capital and New York-based Continental Equities Group,… Read more
WeWork Expanding Again in The City?
New York-based WeWork, the co-working space giant, is reportedly in negotiations to open another location in San Francisco, marking its… Read more
Multifamily REITs Blame Lower Revenue on More Supply
Ramped-up apartment supply in San Francisco and New York are hurting multifamily REIT revenues. Specifically, Essex Property Trust revenue dropped… Read more
JLL Acquires Construction Consultant Merritt & Harris
In a move to boost its project and development offerings, Jones Lang LaSalle (JLL), headquartered in Chicago, acquired Merritt &… Read more
MG Properties’ Record $142M MF Asset Sale in IE
San Diego-based MG Properties Group and affiliates of New York-based Rockwood Capital, LLC sold Terracina, a multifamily property located in… Read more
Two NYC Towers Land Large Tenants
Large leases were signed at two of Manhattan’s newer, high-profile office towers. Schroders Investment Management North America is relocating its… Read more
NY REIT, JBG to Create $8.4B JBG Realty Trust
New York REIT Inc. has struck a definitive agreement with the JBG Cos., based in Chevy Chase, MD to create… Read more
Kiehl’s Lands at Victoria Gardens
New York-based Kiehl’s is opening its first stand-alone store in the Inland Empire at Victoria Gardens in Rancho Cucamonga, CA.… Read more
Savills Studley Names Bauman Global Retail Co-Head
Los Angeles-based Bill Bauman was named Co-Head of Savills Studley’s Global Retail Services Group. The veteran retail leader will serve… Read more
JLL: Innovations in Customer Interaction Drive Retail
Connect Media joins the throng of attendees who’ve gathered in Las Vegas this week for the International Council of Shopping Centers’… Read more