Triangle Business Journal Fidelity Investments has vacated a 116,300-square-foot office building in Durham, NC, two years before its lease was to expire The financial services company had been fully occupying Danbury Hall, at 5411 Park Road, in the...
The Real Deal JPMorgan Chase Bank has provided $500 million of financing against 87 unsold condominium units at Manhattan’s Central Park Tower at 217 West 57th St The loan was used by the property’s developer, Extell Development, to...
Commercial Property Executive Arcadia Cold Storage and Logistics has agreed to fully pre-lease Phoenix Cold Storage, a 293,000-square-foot industrial building in El Mirage, Ariz, about 20 miles northwest of Phoenix The Atlanta company is leasing the...
Commercial Observer St John’s University is planning to shutter its 16-acre campus on Staten Island, NY, next year and has put it up for sale through Savills The campus, Grymes Hill, includes 10 buildings with about 175,000 square feet The...
The Real Deal Abraham Trust, led by Jacob Garlick, placed the winning bid of $190 million, or $745/sf, for the iconic Flatiron Building at 175 Fifth Ave in Manhattan The 121-year-old property was auctioned through Mannion Auctions in order to settle...
Crain’s Chicago Business Evolent Health is offering for sublease 122,000 square feet of space at 300 South Riverside Plaza, a 11 million-sf property in Chicago The healthcare company hired CBRE to market the space Evolent’s lease for the...
New York Post The Good Cause Eviction Bill winding through the New York state legislature would cap annual rent increases at New York City apartments at the greater of 3 percent or 15 percent of the increase in the Consumer Price Index The bill...
Rentvcom Metrie Inc has agreed to fully lease the 130,800-square-foot industrial property at 5810 West Buckeye Road in Phoenix The wood and composite manufacturer was represented by Avison Young, while the property’s owner, CapRock Partners,...
Commercial Observer The 11-unit apartment building at 271 West 11th St in Manhattan’s West Village neighborhood has been sold for $265 million, or $241 million/unit The four-story building, constructed in 1884, was sold by Alicia Harper, who...
The Real Deal Brookfield Properties is in talks to buy the 49 percent stake in the One Liberty Plaza office building in lower Manhattan held by Blackstone Group in a deal that values the property at $1 billion It’s effectively buying back the...
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