The Real Deal JPMorgan Asset Management is offering for sale its 49 percent stake in the 11 million-square-foot office building at 605 Third Ave in Manhattan It has hired Eastdil Secured to market the stake A sale of the asset manager’s...
Commercial Observer LVMH has reached an agreement with Wharton Properties for the right to end its lease early at 747 Madison Ave in Manhattan The lease initially was set to expire in 2029 LVMH is the parent company of Givenchy, a luxury fashion...
Crain’s New York Business Mitchell Holdings is offering for sale the 98-room Luxe Life Hotel in Manhattan The New York company acquired the property, at 19 West 31st St, in 2015 for $385 million when it was known as the Herald Square Hotel It...
Dallas Business Journal Heady Investments has scheduled a March 1 groundbreaking for the Allen Tech Hub, a 105,000-square-foot office building in the Dallas suburb of Allen, Texas The four-story property is being built on a speculative basis at the...
Tampa Bay Business Journal Crescent Communities has proposed building a 290-unit apartment property in Tampa, Fla The nine-story property, which will be called Novel Bay Center, has been proposed for a development site in the Bay Center office park...
South Florida Business Journal First Industrial Realty Trust is planning to build a pair of industrial properties totaling up to 500,000 square feet in Pompano Beach, Fla The Chicago industrial REIT last year paid $198 million for the 194-acre...
Crain’s New York Business RFR Realty has filed a lawsuit in the New York State Supreme Court against its development partner in the residential condominium project at 100 East 53rd St in Manhattan The New York company teamed with Vanke, the...
The Real Deal Asia Investment Management Inc has paid $597 million, or about $25622/sf, for the 233,000-square-foot office building at 85 Challenger Road in Ridgefield Park, NJ The Seoul, South Korea, firm acquired the property from the KABR Group,...
Commercial Observer Rockport Mortgage Corp has originated $140 million of financing against the 688-unit Parkview Towers affordable-housing complex in West New York, NJ The loan was written under the US Department of Housing and Urban...
Dallas Business Journal Addison, Texas, has hired Cushman & Wakefield to find a developer to build a mixed-use project in that suburban Dallas town The property would be built on 18 acres at the southeast corner of Festival Way and Julian...
