Commercial Observer A venture led by Patriot Real Estate Holdings has paid $405 million, or $81079/sf, for the 49,951-square-foot office property at 168 Canal St in Manhattan’s Chinatown area Patriot Real Estate, of Nashville, Tenn, teamed...
Commercial Observer Industrious has signed four leases totaling 124,500 square feet of office space in Manhattan The coworking company signed a lease for 43,000 sf at 110 East 42nd St, 33,000 sf at 609 Greenwich St, 24,500 sf at 156 Fifth Ave, and...
Commercial Observer Madison Realty Capital has provided a $90 million loan against the 300-unit Clifton & Co apartment property in the northeast New Jersey city of Clifton Newmark arranged the financing The three-story property, at 691 Clifton...
Derby Lane Partners has provided $175 million of financing to fund the conversion of the 400,000-square-foot office property at 80 Broad St in Lower Manhattan into 326 apartment units The property is being converted by a venture of Broad Street...
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...
Blackstone and New York Life Insurance Co have provided $238 million of financing against the 561,466-square-foot Lincoln Square North office property in the Seattle suburb of Bellevue, Wash The loan was arranged by Newmark on behalf of the...
FS Credit REIT has provided a $7448 million loan against the 267,294-square-foot Shops at Stonefield in Charlottesville, Va The retail property, at 2100 Hydraulic Road, is owned by O’Connor Capital Partners of New York, which bought it in 2016...
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...
PCCP has provided $1805 million of senior mortgage financing against the 21 million-square-foot Oakland Park industrial complex in the Detroit suburb of Highland Park, Mich The loan allowed the 10-building property’s owner, a venture of...
Commercial Real Estate Direct Staff Report Tech Park @ Goleta, a 733,497-square-foot mixed-use complex in the Southern California coastal city of Goleta, has sold for $235 million, or $32038/sf The 17-building property was sold by Majestic Asset...
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