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...
REJournalscom An affiliate of Dollar General has agreed to fully lease the 249,920-square-foot industrial property at 2201 East Loew Road in Marion, Ind The retailer is leasing the space from STAG Industrial Holdings, which was represented by Zacher...
Shopping Center Business Two retail leases totaling 95,000 square feet were signed at the 490,949-square-foot Everett Mall in Everett, Wash Ulta Beauty will occupy 10,000 sf and was represented by Northwest Retail Partners, while At Home Stores will...
Commercial Observer Greystone has provided $2572 million of Freddie Mac financing against the six-building Beacon apartment complex, with 1,155 units in Jersey City, NJ The 10-year financing, arranged by Cushman & Wakefield, allows the...
The Real Deal Hines has paid $112 million, or about $427/sf, for the 262,000-square-foot Source at White Plains retail property in White Plains, NY The Houston company bought the grocery-anchored shopping center, at 100 Bloomingdale Road, from UBS...
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