Commercial Real Estate Direct Staff Report The volume of office space leased in Manhattan totaled 63 million square feet in the third quarter, nearly 31 percent behind the pace set at the same time last year, according to Savills Despite this...
REBusiness Online Douglaston Development has completed construction of a 188-unit seniors-housing property at 2856 Webster Ave in the Bronx, NY The property, which will be part of a larger complex, is subject to a ground lease with the New York...
REBusiness Online Construction of Overlook Flats, a 297-unit apartment property in the Journal Square section of Jersey City, NJ, has been completed and leasing has gotten underway The property, at 32 Oakland Ave, was developed by Milton Fantin It...
New York Post Wells Fargo has agreed to pay $550 million, or $1,375/sf, for the 400,000-square-foot retail property at 20 Hudson Yards in Manhattan’s Hudson Yards area The property once was fully leased by department store Neiman Marcus and is...
BisNow CareFirst BlueCross BlueShield has reduced the space it leases at the 840 First St NE office building in Washington, DC, by 140,000 square feet to 62,000 sf The 245,000-sf building in the city’s north of Massachusetts Avenue, or NoMA...
The Real Deal The venture that owns 300 East 42nd St in midtown Manhattan has handed the 236,392-square-foot office building over to its lender, Fortress Investment Group, which has tapped JLL Capital Markets to market it for sale The venture,...
REJournals Advanced Plastic Corp has agreed to fully lease the 87,703-square-foot industrial property at 1723-1757 Marshall Drive in Des Plaines, Ill Lee & Associates brokered the deal between the plastics company and the owner of the property,...
Crain’s New York Business Norges Bank Investment Management is said to be the buyer of a 45 percent stake in the planned 900,000-square-foot office property at 343 Madison Ave in midtown Manhattan The stake was sold by Boston Properties,...
Boston Real Estate Times Erland Construction has completed work on the Block at Odell Park, a 106-unit apartment property in Beverly, Mass The property, at 140 Rantoul St, has 9,000 square feet of retail space and is next to the Beverly Depot Train...
The Real Deal Goldman Sachs Urban Investment Group has taken through foreclosure the Empire Outlets, a 340,000-square-foot retail property at 55 Richmond Terrace in Staten Island, NY The property had been owned by BFC Partners of Brooklyn, NY, A...
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