Posted on 1/29/20
Development Sales Tick up in 4Q with Over 2 MSF of Activity According to Avison Young Q4 2019 Report
The number of residentially-zoned development site sales above $5 million throughout New York City increased to 20 in the fourth quarter, up 11 percent from 18 . . .
Posted on 1/29/20
ACE Spring Symposium Launches with All Star Speakers
The Academy for Continuing Education (ACE) enters its 25th Anniversary year with a first-day speaker roster that includes industry icons and celebrity journalists as part of . . .
Posted on 1/29/20
JLL Completes 2 Leases for Ownership with Law Firms at One Gateway in Newark, NJ
JLL Completes 2 Leases for Ownership with Law Firms at One Gateway in Newark, NJ Greenberg Dauber Epstein & Tucker, Landman Corsi Ballaine & Ford sign lease . . .
Posted on 1/29/20
Corenet NYC Hosts 2020 New Year’s Party At The Museum Of Modern Art
CoreNet Global NYC hosted its annual New Year’s Party on Thursday, January 9 from 7:00 to 10:00 PM at The Museum of Modern Art (MoMA). The event . . .
Posted on 1/29/20
Vacancy Rates Continue to Drop and Rents Increase in Both Office and Industrial
In the fourth quarter of 2019, the New Jersey office market experienced a 120-basis point drop in the vacancy rate since Q4 2018, going from 14.3 . . .
Posted on 1/29/20
Motti Blau and Mendy Pfeifer of Eastern Union Close the Year with Hotel Deals
Motti Blau and Mendy Pfeifer of Eastern Union -- one of the country's leading commercial real estate finance firms – together closed eight hotel transactions valued . . .
Posted on 1/29/20
KBS Sells 1.19M Square-Foot Trophy Office Property in Florham Park, New Jersey
FLORHAM PARK, N.J.--(BUSINESS WIRE)--KBS, one of the largest owners of premier commercial real estate in the nation, has announced the sale of Park Avenue at Morris . . .
Posted on 1/29/20
VR World Opens Flagship NYC Location
VR World®, North America's largest immersive mixed reality experience center, today announces the grand opening of its new flagship location in the heart of Manhattan. The . . .
Posted on 1/29/20
Sotheby's International Realty Brand Expands in Brooklyn
Sotheby's International Realty Affiliates LLC today announced that its independently owned and operated affiliate, Warren Lewis Sotheby's International Realty in Brooklyn, has merged with local firm, . . .
Posted on 1/29/20
Griffin Announces Closing on Mortgage Loan
NEW YORK, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. announced that Riverbend Upper Macungie Properties I LLC and Riverbend Crossings III Holdings LLC, each . . .
Posted on 1/28/20
Columbia Property Trust Completes Acquisition of Normandy Real Estate Management
Closes on previously announced acquisition of Normandy and announces related leadership and board appointments Anticipated to become co-general partner in Terminal Warehouse project in New York . . .
Posted on 1/28/20
CBRE Arranges Office Lease For The Arc Of Hunterdon County In Hampton, New Jersey
In a transaction arranged by CBRE, The Arc of Hunterdon County inked a 22,000sq.ft. office lease at 53 Frontage Road in Hampton, New Jersey. The non-profit, . . .
Posted on 1/28/20
Ariel Property Advisors Sells 3 Development Sites In Sunset Park, Morrisania and West Harlem For $10.6M
Ariel Property Advisors exclusively arranged the sale of three development sites located at 250-266 46th Street in Sunset Park, 305 East 165th Street in Morrisania, and . . .
Posted on 1/29/20
CW Realty Acquires Development Site in Vinegar Hill for $20 Million
Prolific developer plans to construct 59-unit luxury rentalCW Realty has acquired 251 Front Street, a 20,000-square-foot corner development lot in the Vinegar Hill section of Brooklyn. . . .
Posted on 1/28/20
CBRE Arranges Sale Of Trophy Office Park In Florham Park, New Jersey For $311M
Deal Marks the Largest New Jersey Suburban, Multitenant Office Sale Since 2008 CBRE and KBS, one of the largest investors in commercial real estate in the . . .
Posted on 1/28/20
CBRE Arranges 18,224 SF Office Lease for Guidepost Solutions at Sapir Organization's 260 Madison
In a transaction arranged by CBRE, Guidepost Solutions has inked an 18,224-sq.-ft. office lease at the Sapir Organization’s 260 Madison Avenue. The firm, which provides security, . . .
Posted on 1/28/20
WCRE Represents Balashine Properties in the Leasing and Marketing of 8,548 SF Office Suite
WCRE is proud to have successfully represented 930 Harvest Drive, LLC d/b/a Balashine Properties in the exclusive leasing and marketing of an approximately 8,548 square foot . . .
Posted on 1/28/20
Christopher Pateman Joins Colliers Project Leaders USA As Director
Colliers Project Leaders | USA is pleased to announce the hiring of industry veteran Christopher Pateman
Posted on 1/28/20
JLL Arranges $90.5M Loan to Finance Portfolio in Williamsburg, Brooklyn
JLL Capital Markets secured a $90.5 million loan to finance a retail portfolio comprising 11 assets totaling 85,000 square feet within in the prime retail corridor . . .
Posted on 1/28/20
Pickard Chilton Designs Innovative T3 RiNo Project in Denver, Colo. for McCaffery, Hines and Ivanhoé Cambridge
Pickard Chilton, an award-winning architecture studio best known for its innovative and cutting-edge design of corporate headquarters and campuses, has been selected by McCaffery, Hines and . . .
Posted on 1/28/20
Corcoran And Citi Habitats Merge Into One Brand
The Corcoran Group, the leading residential real estate brokerage firm, today announced the merger of Citi Habitats into Corcoran
Posted on 1/28/20
Phoenix Realty Group Announces over $700M of Investment Activity in the Q4
NEW YORK--(BUSINESS WIRE)--Phoenix Realty Group (PRG), a national multifamily real estate fund manager, investor and operator headquartered in New York City, has completed over $700 million . . .
Posted on 1/28/20
Hunt Real Estate Capital Provides $18.1M Fannie Mae MAH Loan to Refinance an Affordable Multifamily Property Located in Houston, Texas
Hunt Real Estate Capital announced today that it has provided a Fannie Mae Multifamily Affordable Housing (MAH) Preservation loan in the amount of $18.1 million to . . .
Posted on 1/28/20
JLL Secures $87M Loan for Ownership for Development of Terminal Logistics Center
Triangle Equities, Partners Secure $87M Construction Loan for its Terminal Logistics Center Development Triangle and partners to build air cargo, warehouse and storage space near JFK . . .
Posted on 1/28/20
JLL Brings CafeMedia to 1411 Broadway in Midtown Manhattan
JLL has completed a new transaction for CafeMedia at 1411 Broadway with building owner Ivanhoé Cambridge Inc. The leading digital media company inked a lease for . . .
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