Commercial Observer Just months after signing a lease at 1285 Ave of the Americas in Midtown Manhattan, Latham & Watkins has expanded its office footprint by 131,354 sf, to 251,354 sf The law firm signed for 120,000 sf last July The 18...
Commercial Observer The venture of RXR Realty and One Investment Management that owns 61 Broadway in Lower Manhattan has lined up $475 million of capital to fund the 786,985-square-foot office building’s conversion into 796 apartments Apollo...
Philadelphia Business Journal PMC Property Group, which is converting parts of two office buildings in Philadelphia into apartments, has agreed to buy the 176 million-square-foot Centre Square office building and is expected to pursue a similar...
Rentvcom Warren Resort Hotels has paid $225 million, or $424,528/room, for the Franciscan Inn & Suites, a 53-room hotel in Santa Barbara, Calif The Santa Maria, Calif, company acquired the property, at 109 Bath St, from Ed St George, a local...
Nashville Business Journal InvenTrust Properties has paid $88 million, or $11733/sf, for the 750,000-square-foot Nashville West Shopping Center in Nashville, Tenn The Downers Grove, Ill, REIT purchased the retail property from Manova Partners of...
South Florida Business Journal Sagard Real Estate has purchased the 186,731-square-foot industrial building at 11102 NW South River Drive in Medley, Fla, for $51 million, or $27312/sf The Denver company bought the property from an affiliate of...
Nashville Business Journal An affiliate of a fund managed by Covenant Capital Group has bought the 170-unit 500 Fifth apartment building in downtown Nashville, Tenn, for $23 million, or $135,294/unit The Nashville company purchased the 10-story...
Woodmont Industrial Properties has sold the recently constructed 51 New Brunswick Ave industrial property in the central New Jersey township of Woodbridge to investment manager Sagard Real Estate for $211 million, or nearly $390/sf The sale of the...
Crain’s Chicago Business Kohan Retail Investment Group is in talks to buy the 15 million-square-foot Citadel Center office property in Chicago The Great Neck, NY, investor would be buying the property, at 131 South Dearborn St, from a venture of...
Zeta Charter Schools has paid $255 million for the development site at 261 Walton Ave in the Bronx, NY The operator of charter schools, which has 11 schools in the Bronx, Queens and upper Manhattan, bought the site from a venture of New York City...
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