Commercial Observer Rabsky Group has secured $92 million of financing from G4 Capital Partners to refinance existing debt and fund pre-development costs involved at 313-315 Bond St, a proposed 526,118-square-foot mixed-use property in the Gowanus...
Commercial Observer Burberry has signed a 15-year lease for 43,000 square feet of office space at the Salmon Tower in Manhattan The luxury fashion retailer is relocating from 444 Madison Ave, also in Manhattan, where it has occupied nearly 70,000 sf...
South Florida Business Journal An affiliate of Ryder Systems Inc has signed a lease for 152,573 square feet of industrial space in Medley, Fla The affiliate, Ryder Logistics of Medley, is taking its space at 15501 SW 29th St It currently leases...
Commercial Observer Rudin Management is selling 55 Broad St, a 30-story office building in the financial district of Manhattan for $180 million to a venture of Silverstein Properties and Metro Loft Rudin had developed the property in 1967 and...
Montgomery Street Partners, a Dallas investment manager that two years ago launched a private REIT to pursue investments in the ground beneath properties, has raised another $500 million of equity for the vehicle, the Ground Lease REIT Inc The...
Commercial Observer Macquarie Group has leased 221,764 square feet on six floors at 660 Fifth Ave in Manhattan, relocating its Americas regional headquarters from 125 West 55th St It’s the first lease Brookfield Properties has signed for the...
Crain’s Chicago Business Ace Hardware has agreed to lease 250,000 square feet of office space at Oak Brook Reserve, a 297,000-sf office property in Oak Brook, Ill The retailer will take its space at 2915 Jorie Blvd, which is 20 miles west of...
Multi-Housing News PathStone Development Corp has completed the 157-unit Skyview Apartments in Irondequoit, NY, about five miles north of Rochester, NY The Rochester nonprofit will manage the affordable housing property at 200 Skyview Center Parkway...
Commercial Real Estate Direct Staff Report Simon Property Group signed 900 leases totaling 3 million square feet during the first quarter, marking the mall REIT’s most active quarter since 2016 The Indianapolis company said it has another 500...
Commercial Observer A group of lenders comprised of Citibank, Bank of Montreal, Starwood Property Trust and MF1 Capital has provided $714 million of mortgage financing against two apartment buildings with a total of 829 units on Manhattan’s...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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