Investment - New York

  • CBRE Wins $200M Contract for NY Public Library Revamp

    Architecture firms Mecanoo and Beyer Blinder Belle are behind the project design. Upgrades will make way for a five-story wall of book stacks, new meeting rooms, 17,000 square feet of reading and study space and more.

    22 November 2017 13:08
  • AEW Sells NJ Industrial Complex for $53M

    A partnership bought the four-building asset in Pine Brook, N.J. The 530,000-square-foot property is 60 percent leased to tenants including Samsung Electronics and Pitney Bowes.

    22 November 2017 07:21
  • Long Island Office Park Commands $61M

    Hauppauge Office Park in Hauppauge, N.Y., comprises three buildings occupied by multiple financial tenants. The office campus is anchored by Allstate, which has a 10-year, full-building lease.

    20 November 2017 14:06
  • New York REIT to Sell NYC Office Tower for $255M

    The agreement to sell the 345,000-square-foot building at 333 W. 34th St. to Brookfield marks yet another step forward in the REIT’s plan of liquidation.

    13 November 2017 11:12
  • Stark Enterprises Enters NYC Market

    In a joint venture with Sun Equity Partners, the firm purchased an asset leased long-term to Con Ed New York for $98 million.

    10 November 2017 14:19
  • Apollo Commercial Provides $250M for Manhattan Office Project

    The finance REIT’s loan is part of the $479 million construction financing package backing Cove Property Group’s Hudson Commons, a 700,000-square-foot office redevelopment and repositioning endeavor in the Hudson Yards/Penn Station submarket.

    09 November 2017 13:30
  • Investcorp Makes $156M Manhattan Office Buy

    The firm joined forces with Brickman to acquire two assets totaling 267,000 square feet. The Midtown Manhattan properties are fully occupied by more than 20 long-term tenants.

    08 November 2017 15:42
  • NJ General Mills Plant Trades for $5M

    The 580,000-square-foot industrial asset previously served as a Progresso soup plant. It will allow F&S Produce Co. to expand and increase its production capacity.

    02 November 2017 12:55
  • LEGOLAND Takes NY by Storm

    The $350 million amusement park will be located in Upstate New York's Goshen and will open in 2020, offering educational programs for children.

    01 November 2017 15:14
  • Jernigan To Break Ground on NJ Self-Storage Facility

    The company has expanded its self-storage portfolio with a $14.7 million investment in North Bergen. The facility will offer 68,000 square feet rentable space.

    01 November 2017 13:56
  • Olayan, Chelsfield Unveil $300M NYC Office Reno Plan

    550 Madison Ave. in Midtown Manhattan will undergo modernization to its interior spaces, as well as adding high-quality amenities, world-class retail and restaurants. The renovated property is targeting LEED Gold certification and will be ready for new tenants in 2019.

    01 November 2017 12:59
  • ATCO-Migdal JV Snags Manhattan Office High-Rise

    The 18-story building is situated in the Garment District, just steps away from Penn Station and Herald Square. Fashion designers Jason Wu, Thom Browne and Reem Bridal, along with media group Newsday, are among the property’s tenants.

    01 November 2017 12:32
  • Life Science Firms Buy NJ Industrial Assets

    In separate deals brokered by Cushman & Wakefield, two pharmaceutical companies acquired industrial buildings in Piscataway and Somerset, N.J., fueling the life science industry's growth within the Interstate 287 corridor.

    31 October 2017 13:56
  • Mack-Cali Unveils $50M NJ Capital Improvement Initiative

    The REIT plans to renovate building exteriors, install state-of-the-art amenities and modernize common areas throughout its portfolio of properties in Parsippany, Short Hills, Metro Park and Red Bank, N.J.

    26 October 2017 10:39
  • Savanna Picks Up NYC Office Tower

    The real estate company purchased 19 W. 44th St. from Deka Immobilien GmbH, and plans to invest more than $25 million in renovations at the 300,000-square-foot Midtown property.

    19 October 2017 12:02