Investment - New York

  • 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
  • Anchor Health Acquires $23M MOB

    The company purchased the 71,401-square-foot Cross Street Medical Center in Norwalk, Conn. Newmark Knight Frank represented the seller, Marcus Partners, in the transaction.

    13 September 2017 14:20
  • Kaufman Expands Midtown Manhattan Portfolio

    The firm acquired an 80,000-square-foot office building through a 99-year ground lease, with plans to complete a multimillion-dollar renovation.

    13 September 2017 14:07
  • JV Secures $73M for NYC Redevelopment

    APF Properties and Drake Street Partners tapped CBRE to arrange acquisition and redevelopment financing for 163 Varick St. in Manhattan.

    13 September 2017 13:42
  • BGC Acquires Berkeley Point, Minority Stake in New CRE Biz

    The company and its affiliate Cantor Fitzgerald paid $875 million to purchase the capital solutions provider, and invested an additional $100 million in finance and investment business CF Real Estate Finance Holdings LP.

    12 September 2017 12:46
  • On the Market: 5 Interesting Listings for August

    This month's listings include a Texas retail property built in 1900 and completely renovated in 2015 and a mixed-use multifamily and retail asset in Brooklyn's Williamsburg neighborhood.

    30 August 2017 18:14
  • JV Breathes Life into NYC Science Lab

    Silverstein Properties and Taconic Investment Partners will transform an existing facility and deliver an additional 150,000 square feet of space to create Hudson Research Center, a premier life science research lab in Midtown Manhattan.

    21 August 2017 15:32
  • Trinity Wall Street Scores $400M for NYC High-Rise

    Cushman & Wakefield arranged the acquisition financing for 375 Hudson St., a 19-story Class A office and retail building in Manhattan.

    21 August 2017 11:59
  • From Church to MOB in Queens

    Regent Medical Properties LLC plans to replace the 20,803-square-foot building in Flushing, N.Y., purchased for $19 million, with a 12-story, mixed-use medical office building.

    16 August 2017 20:36
  • CIM Buys Brooklyn Office Building in $171M Deal

    The sale is expected to close in the fourth quarter of 2017. Though barely in the top 10 tallest buildings in Brooklyn, 16 Court St. is reportedly the borough’s tallest commercial office property.

    14 August 2017 11:50
  • Urstadt Biddle Invests in NJ Shopping Center

    The company acquired an equity interest in a new partnership that purchased the 75,400-square-foot, mixed-use Washington Commons Shopping Center in Dumont, N.J. The property encompasses retail, restaurant and apartment units.

    08 August 2017 13:46
  • CBRE Pays $97M for Stamford Towers

    SL Green and TH Real Estate sold the two buildings after completing a series of significant upgrades that involved building a new fitness center, basketball court and conference facility.

    07 August 2017 13:49
  • Newark Dreams to Join Ranks of Destination Cities

    As the Garden State’s largest city is looking to get into the revitalization game, cranes are returning to the skyline, with $1 billion of projects underway and another $4 billion in the pipeline.

    02 August 2017 12:57