Manhattan had only 173 retail storefronts available at the end of last year, down from 194 a year earlier Demand has been healthiest for space in some tony...
Commercial Observer Hanover Capital has provided a $258 million loan against the 52,578-square-foot retail property at 10-04 Borden Ave in the Long Island City section of Queens, NY The loan, arranged by HKS Real Estate Advisors, allowed the...
Tanger Inc's portfolio of 41 retail properties, including 38 outlet centers, was 981% occupied as of the end of December It completed 31 million square feet of leasing with a blended rental rate spread of...
Commercial Observer Thor Equities has paid $56 million, or $96552/sf, for the 58,000-square-foot mixed-use building at 1165 Broadway in the NoMad section of Manhattan The New York investor acquired the six-story property, the former Coleman House...
Commercial Property Executive Logistics Property Co has fully leased up Olive Logistics Center, a two-building industrial property totaling 132 million square feet in Glendale, Ariz The Chicago developer completed the property’s construction...
OpenAI has agreed to fully lease the 450,000-square-foot office property at 350-380 Ellis St in the Bay Area neighborhood of Mountain View, Calif The artificial intelligence company was represented by JLL, while Newmark represented the landlord KKR...
Commercial Observer Citibank has provided $285 million of mortgage financing against the 50,159 square feet of retail space at the base of the apartment property at 484-526 Myrtle Ave in the Clinton Hill section of Brooklyn, NY The loan requires...
Affinius Capital has provided a $300 million loan against the 495-unit apartment property at 102 Fleet St in downtown Brooklyn, NY The property is owned by the Jay Group of Brooklyn, which will use proceeds of the financing to fund construction...
Commercial Observer A venture of Kaufman Investments and Two Sigma Real Estate has paid $52 million, or $37956/sf, for the 137,000-square-foot office building at 40 West 25th St in Midtown Manhattan It acquired the property from a venture of Kaufman...
South Florida Business Journal Guilford Development Group has sold the 63,964‑square‑foot office building at 9995 SW 88th St and 8625 SW 101st Ave in Miami for $30 million, or $46902/sf The Coral Gables, Fla, company sold the two-story property...
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.
