Investment - New York
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Vornado Secures $120M for Manhattan Retail Property
The REIT will use the financing, provided by Wells Fargo Bank, to replace an existing loan on the 206,000-square-foot property at 4 Union Square South.
15 August 2018 14:03 -
New Hudson Yards Office Asset Commands $257M
In a deal brokered by Fried Frank, Ramrock Real Estate purchased the recently completed building, which includes a large office component, a gallery and ground-floor retail.
09 August 2018 14:08 -
Office Space at NYC High-Rise Commands $135M
A cross-border joint venture led by Deutsche Bank and BLG Capital has acquired the vacant 100,000-square-foot segment of the mixed-use tower at 685 Fifth Ave.
07 August 2018 11:16 -
P3 Properties Nabs NJ Office Asset
Related Cos. has sold the 233,000-square-foot Somerset Financial Center in Bedminster, which serves as the local headquarters of specialty pharmaceutical company Mallinckrodt.
06 August 2018 13:09 -
Brookfield Sells Stake in NYC Portfolio for $1.4B
The company announced the sale of a 28 percent stake in its New York City core holdings, as well as plans to sell another 7 percent by early next year.
03 August 2018 12:16 -
Magna Hospitality Group Sells 216-Key NY Hotel
HFF worked on behalf of the company to arrange the transaction, and secured a three-year, floating-rate acquisition loan for the buyer.
02 August 2018 09:58 -
Boston Properties Invests in NYC, LA Assets
The office transactions, which total more than 3 million square feet and involve partnerships, give the REIT a stake in Manhattan's 3 Hudson project and West Los Angeles' Santa Monica Business Park.
26 July 2018 12:04 -
On the Market: 5 Interesting Listings for July
This month's listings include a distribution center in Columbus, Ohio; a vintage church in downtown Minneapolis; and a top-of-the-line office building in Little Falls, Minn.
25 July 2018 19:18 -
JEMB Realty Scores $235M Loan for Brooklyn Office Project
JLL Capital Markets arranged construction financing for the 34-story high-rise located in the borough’s downtown area. The tower already has two anchor tenants.
25 July 2018 11:32 -
Suburban NYC Office Portfolio Trades for $45M
Morgan Management sold the Class A Canal View in Rochester, N.Y., and Corporate Crossing in Pittsford, N.Y., two years after acquiring them for Sovereign Partners for $35 million.
17 July 2018 13:15 -
The Hampshire Cos. Breaks Ground on NJ MOB
Hackensack Meridian Health has pre-leased the entire building, while Circle Squared Alternative Investments acted as the project’s investment advisor.
12 July 2018 13:07 -
Paramount Assets Grabs Value-Add Opportunity in NJ
The company, which specializes in renovating and converting underutilized historical buildings, has yet to decide the fate of the newly purchased office and retail buildings.
09 July 2018 15:17 -
Manhattan Mixed-Use Fetches $14M
The property comprises 16 units and includes ground floor retail space, which is fully leased to Katagiri, the oldest Japanese grocery store in the U.S.
04 July 2018 07:05 -
BHN Associates Grabs Another NJ Office Park
The company paid nearly $11 million for The Office Court of Ramsey, shortly after purchasing one of the largest business parks in the region.
03 July 2018 06:29 -
Bentall Kennedy Grabs NJ Shopping Center
Kearny Square totals well more than 100,000 square feet and includes a diverse roster of tenants, the largest being BJ’s Wholesale Club.
22 June 2018 12:32