Crain’s New York Business The Girl Scouts of Greater New York is looking to exit a long-term lease for 17,500 square feet at the 12 million-sf office building at 40 Wall St in Manhattan The Trump Organization owns the property, which serves as...
Commercial Real Estate Direct Staff Report The average asking rent for ground-floor retail space in Manhattan at the end of last year was $652/sf, a 99 percent decline from 2019, according to CBRE Rents dropped by 11 percent in the third quarter,...
A total of 20 million square feet of office leases were signed in Manhattan last year, a 495 percent drop from the 396 million sf that was leased in 2019, according to CBRE That was the lowest leasing volume in the borough since CBRE began tracking...
Tampa Bay Business Journal Albany Road Real Estate Partners has paid $198 million, or about $13540/sf, for the Center Point Business Park in Tampa, Fla The Boston fund-management company bought the five-building flex/industrial complex from Birtcher...
Charlotte Business Journal An affiliate of Grubb Properties has sold Sterling Magnolia, a 174-unit apartment property in Charlotte, NC, for $43 million, or about $247,126/unit An entity affiliated with Goldrich Kest of Culver City, Calif, bought the...
Charlotte Business Journal SunCap Opportunity Fund has paid $185 million, or about $10601/sf, for the 174,506-square-foot Northbridge Business Center in Charlotte, NC The Fort Lauderdale, Fla, company bought the industrial property from SkyREM of...
Atlanta Business Chronicle JLL Income Property Trust has bought the 240-unit Siena Suwanee Town Center in Suwanee, Ga, for $70 million, or about $291,667/unit The seller was not disclosed The property, at 400 Buford Highway, opened three years ago...
South Florida Business Journal Affiliates of Krausz Cos has paid $141 million, or $150,000/unit, for the 94-unit Alta Village Gardens Apartments in West Palm Beach, Fla AVG APTS LLC was the seller The property was built on a 763-acre site at 1907...
South Florida Business Journal Bar Invest Group has bought the Landings at Pembroke Pines, a 358-unit apartment property in Pembroke Pines, Fla, for $795 million, or about $222,067/unit An affiliate of Starwood Capital Group sold the complex, which...
South Florida Business Journal Amerant Bank has sold the 101,634-square-foot office building at 12496 NW 25th St in Miami for $1243 million, or about $12230/sf The Coral Gables, Fla, bank sold the property to Prologis, a San Francisco REIT The...
