Commercial Observer Bloomberg LP has renewed its lease for 495,753 square feet at 120 Park Ave, a 643,000-sf office building in Manhattan CBRE arranged the lease on Bloomberg’s behalf, while JLL represented the building’s owner, Global...
Commercial Observer Bushburg Properties has paid $70 million, or $16588/sf, for the 400,000-square-foot office property at 100 William St in Lower Manhattan The New York developer bought the 22-story building, constructed in 1972, from Manulife,...
Commercial Observer Tyko Capital has provided a $113 billion loan for the development of a 764,698-square-foot mixed-use property at 655 Madison Ave in Midtown Manhattan The property is being developed by Extell Development of New York The upper...
Crain’s New York Business SL Green Realty Corp is looking to sell nine of its properties, including the 562,000-square-foot 1350 Ave of the Americas, for which it could generate more than $300 million, or $534/sf The nine properties could be...
Commercial Observer Savanna Capital Partners has lined up $510 million of mortgage financing against the 682,988-square-foot 5 Bryant Park office building in midtown Manhattan, allowing it to retire a $463 million CMBS loan The loan was provided by...
Commercial Observer Nuveen Real Estate has provided a $47 million loan against the 1,959-unit Storage Post East Village self-storage property at 444 East 10th St in Manhattan’s East Village The property is owned by a venture of Storage Post and...
Crain’s Chicago Business Sargent & Lundy has agreed to expand its office lease at 77 West Wacker Drive by 66,000 square feet The energy engineering firm, which moved into the 960,000-sf building a year earlier, now leases 448,000 sf The...
Commercial Real Estate Direct Staff Report Home Depot has exited its 600,000-square-foot lease at Central Missouri Distribution Center, a 900,000-sf industrial property in Mexico, Mo, which is midway between Kansas City and St Louis The home...
Netflix Inc's agreement to buy Warner Bros Discovery Inc in a deal valued at $827 billion could upend not only the movie theater industry but the office and production studio business in the Los Angeles area ...
Crain’s Chicago Business Benesch Friedlander Coplan & Aronoff has agreed to expand its office lease at 71 South Wacker Drive in Chicago by 33,000 square feet, to more than 130,000 sf The 17 million-sf property, which opened in 2005, was...
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