The number of sale-leaseback transactions, driven by the heady activity in the mergers and acquisitions market, totaled 185, up 93 percent in the second quarter when compared with a year ago That's according to analysis by SLB Capital Advisors,...
Boston Business Journal Blackstone Group has paid $1535 million, or $12792/sf, for a pair of industrial buildings with a combined 12 million square feet in the Boston suburb of Northborough, Mass The New York investment manager bought the properties...
Crain’s New York Business The 399-room Omni Berkshire Place hotel in Manhattan is reopening on Nov 1 TRT Holdings, the property’s opener, had closed the hotel last year and considered converting it into office space But the Irving,...
Rentvcom Amp Research has agreed to lease 104,900 square feet of industrial space at the TSW Alloy Wheels Warehouse in Brea, Calif The auto parts manufacturer was represented by Lee & Associates, while the property’s owner, CheckerProp,...
Commercial Real Estate Direct Staff Report Occupancy at Westfield San Francisco Centre, a 14 million-square-foot mixed-use property in San Francisco, is slated to decline to 64 percent by the end of the year, from its current 73 percent rate...
Commercial Observer Venable has signed a lease for 157,800 square feet office space at 151 West 42nd St in Manhattan The law firm is relocating from 1270 and 1290 Avenue of the Americas, also in Manhattan The Durst Organization owns the 18...
Crain’s New York Business A venture led by Pershing Square Capital Management and the Georgetown Co is offering for sale the 513,638-square-foot office building at 787 11th Ave in Manhattan Cushman & Wakefield has been tapped to market the...
Milwaukee Business Journal Milwaukee Tool has agreed to lease 70,000 square feet of office space at Chicago’s Old Post Office building at 433 West Van Buren St, starting next year The Brookfield, Wisc, tool maker was represented by JLL, while...
Crain’s New York Business Vornado Realty Trust plans to construct 573-unit apartment property at 61-10 Junction Blvd in Queens, NY The 32-story building would also have commercial and community space as well as 686 parking spots It would sit...
Real Estate NJ CHA Partners broke ground this week for the Royal at Bloomfield Station, a 224-unit apartment project in Bloomfield, NJ The property, at the corner of Ward Street and Bloomfield Avenue, will have 210 rental units and 14 for-sale...
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.
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