The Real Deal Innovo Property Group, which late last year had struck a deal to buy the 864,303-square-foot office building at 452 Fifth Ave in midtown Manhattan, hasn’t completed its purchase and lost its $35 million deposit Innovo was to have...
Crain’s Chicago Business Swedish retailer H&M is vacating the 60,000 square feet of space it occupies at the 87,000-sf retail property at 840 North Michigan Ave along Chicago’s Magnificent Mile shopping district The retailer was in talks...
REBusiness Online Trends International Inc, a manufacturer of stationery products, has renewed its 180,000-square-foot lease at 5110 West 74th St in Indianapolis for an additional seven years The Metuchen, NJ, company was represented by Avison...
Commercial Real Estate Direct Staff Report Median monthly rents for apartments in Manhattan increased in May by 252 percent from last year to $4,000, a record level, according to brokerage Douglas Elliman Net effective average monthly rents,...
AZ Big Media Logistics company KOAM has fully leased the 90,522-square-foot industrial property at 9310 South McKemy St, in Tempe, Ariz The company was represented in the lease by SIOR, while Cushman & Wakefield represented the owner of the...
Crain’s New York Business Brooklyn, NY, investor Mendel Kaff has purchased two apartment buildings with 555 units in The Bronx, NY, for $169 million Kaff bought the properties from Lineage Properties of New York His Honeywell Towers LLC paid $105...
REBusiness Online Kushner Cos has broken ground for One Journal Square, a mixed-use property in Jersey City, NJ, that will have 1,723 apartment units and 40,000 square feet of ground-floor retail space next to a PATH commuter transit station...
Commercial Observer Rosewood Realty Group is marketing for sale a mixed-use project that’s currently under construction at 159 Broadway in the Williamsburg section of Brooklyn, NY Bidding on the property, which was thrown into bankruptcy in...
REJournalscom Blue Cross Blue Shield has agreed to lease 95,070 square feet of office space at Aon Center, a 27 million-sf office property in downtown Chicago The insurance company is leasing the space from the property’s owner, 601W Cos CBRE...
Commercial Property Executive Eikon Therapeutics has agreed to pre-lease 285,000 square feet at Alexandria Center for Life Science, a 637,000-sf office and life-science property that is under construction in Millbrae, Calif The biotech company was...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
Subscribe to our Weekly Newsletter!
