Investment - New York
-
Sitex Group Acquires NJ Industrial Facility
A private investor sold the 100,000-square-foot Carlstadt property. The transaction marks the buyer's third recent acquisition in the area.
08 February 2019 15:33 -
Former NJ Ballantine Brewery Commands $61M
A Turnbridge Equities joint venture acquired the 1.1 million-square-foot building in Newark. The property is also located in an Opportunity Zone.
05 February 2019 07:24 -
Governor Cuomo’s Green New Deal
Included in the 2019 Executive Budget, the plan focuses on transitioning to clean energy, an initiative set to boost New York's green economy.
28 January 2019 15:56 -
Liberty Property Trust Inks Full-Building Lease in NJ
The Gilbert Co. will be the only tenant of the 302,500-square-foot industrial building, which traded in a $41 million deal last September.
23 January 2019 17:43 -
Mack-Cali Sells NY Warehouse for $70M
The disposition of the 386,000-square-foot Elmsford Distribution Center in Westchester County marks another step in the company’s portfolio transformation program.
08 January 2019 11:41 -
NYC Retail Property Changes Hands
The 8,730-foot retail building in the Jackson Heights neighborhood of Queens has a development potential of 35,000 square feet and traded for $7 million.
03 January 2019 18:19 -
Three Street Realty Sells Greenwich Village Retail Asset
Compass represented both the buyer and the seller of the Manhattan property, which includes Dunkin Donuts and Verizon among its tenants.
03 January 2019 12:45 -
Jernigan Buys Stake in NY Self-Storage Facility
The REIT acquired its development partner’s interest in the 105,300-square-foot, multi-story facility at 1775 Fifth Ave. in Bay Shore, on Long Island.
28 December 2018 16:50 -
Hampshire Cos. Enters Opportunity Zone Market
The firm is partnering with Danitom Development to redevelop 250 Essex St. in Hackensack, N.J., formerly home to the Arena Diner.
28 December 2018 16:21 -
Long Island City Tower 1st Big Winner of Amazon Move
A report by global credit rating agency DBRS looks at the impact on CMBS and other commercial real estate implications of the e-commerce giant's decision to locate one of its HQ2 sites in the submarket.
26 December 2018 15:09 -
JV Sells $72M Long Island City Industrial Building
Less than two years after buying the asset, the joint venture between Metropolitan Realty Associates and TH Real Estate sold the property for a tidy profit.
20 December 2018 11:19 -
Clarion Partners Acquires $282M NYC High-Rise
The Midtown Manhattan office building recently underwent $30 million in capital improvements. Newmark Knight Frank represented the seller, Blackstone’s EQ Office affiliate.
17 December 2018 10:41 -
Savanna Buys, Repositions Manhattan Asset
The 126,256-square-foot office property will undergo a $21 million capital improvement program that will include upgrades to the lobby, roof, facade and seventh-floor vacant space.
14 December 2018 14:02 -
Square Mile Provides $161M Loan for NYC Office Tower
Borrowers Rockwood Capital and Midtown Equities utilized the financing for the acquisition and repositioning of One Broadway, a 253,000-square-foot, landmark building in downtown Manhattan.
07 December 2018 12:51 -
Manhattan Office Deal Tops SL Green’s Big Day
The office REIT’s biggest news was its entrance into the hot Hudson Yards market, with the purchase of a $440 million property located at 460 W. 34th St.
05 December 2018 13:33