Investment - New York

  • Columbia Expands NYC Portfolio With $514M Office Buy

    Neither of the buildings in the portfolio has any near-term capital needs, both being fully and attractively renovated in recent years. 245-249 W. 17th St. and 218 W. 18th St. house the headquarters of Twitter and Red Bull, along with several other tenants.

    13 October 2017 08:00
  • Mack-Cali Sells NJ Flex/Industrial Park for $66M

    Heritage Capital Group acquired the 13-building Totowa Commerce Center in Totowa, N.J., as part of a 1031 exchange. Natixis Real Estate Capital provided acquisition financing for the deal.

    11 October 2017 14:37
  • JV Unveils Downtown Hartford Mixed-Use Project

    RBH Group, Goldman Sachs Urban Investment Group, and several other partners will develop Teachers Corner Hartford, which will bring 60 affordable and market rate units, with an additional 6,000 square feet of retail space.

    10 October 2017 14:38
  • Griffin-American REIT Acquires MOB Portfolio

    The Fairfield County Medical Office Building Portfolio comprises two medical office buildings located in Stratford and Trumbull, Conn. Encompassing 80,000 square feet, the portfolio is 94.6 percent leased to 15 tenants.

    10 October 2017 13:28
  • Lower Manhattan Gets First Full-Service Office Building

    Reimagined by Cove Property Group and Bentall Kennedy and serviced by Convene, the 480,000-square-foot 101 Greenwich is nearly ready to welcome its first tenant.

    09 October 2017 14:03
  • ASB JV Nabs Brooklyn Warehouse Complex

    The two-building industrial asset is located in Brooklyn's Sunset Park neighborhood and includes 21,000 square feet of surface parking.

    09 October 2017 13:55
  • Charter Plans New HQ in CT

    Five years after moving in, the telecommunications company has outgrown its current downtown Stamford headquarters and has revealed plans for a 500,000-square-foot office building at the Gateway Harbor Point site.

    04 October 2017 16:00
  • Mammoth Brooklyn Retail Condo Hits the Market

    The 59,930-square-foot retail structure occupies two full city blocks in the Waterfront/Kent Avenue retail corridor and is part of The Edge luxury condominium complex.

    03 October 2017 20:20
  • Seagis Property Group Expands NYC Portfolio

    The company acquired three warehouses totaling 135,000 square feet. This purchase marks Seagis Property Group's entry into the Brooklyn submarket.

    22 September 2017 16:51
  • Madison International Buys Forest City Retail Stake for $1B

    The company, which already owns a 49 percent stake in the New York City properties, is acquiring the remaining 51 percent interest from Forest City Realty Trust.

    22 September 2017 10:17
  • GTJ REIT Snags FedEx-Leased NY Facility

    The 43-acre, 248,370-square-foot property, located in a major logistics hub, is leased and occupied by FedEx Ground for a 10-year term.

    19 September 2017 16:41
  • Fitch: More U.S. Lodging Consolidation Is Expected

    The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.

    19 September 2017 16:40
  • NJ Shopping Center Changes Hands

    The Hampshire Cos. sold Towne Shopping Center, a retail center anchored by ShopRite. The firm acquired the property in 2012, increasing its net operating income by creating a stabilized tenant roster.

    19 September 2017 13:47
  • SL Green, RXR to Buy Stake in NYC’s Worldwide Plaza

    The joint venture will become co-owner of the 2 million-square-foot mixed-use property with the acquisition of a 48.7 percent interest from New York REIT. The deal values the trophy asset at more than $1.7 billion.

    18 September 2017 09:33
  • Pennrose Secures $171M for NJ Arts Center

    The funds ensure the firm's continued public-private partnership development of the 450,000-square-foot New Brunswick Performing Arts Center, which will feature mixed-income apartments, office space, and two theater venues.

    14 September 2017 11:32