The monthly rents that the country's largest apartment REITs generated during the third quarter increased by 142% from the second quarter to an average of $1,926/unit That compares with the 049% increase in rents they reported in the second quarter...
New York Business Journal Oppenheimer Holdings Inc has leased 220,000 square feet of office space at 32 Old Slip in Lower Manhattan for its new headquarters The New York investment banking and wealth-management firm will occupy six full floors at...
Boston Business Journal Westborough Shopping Center, a 356,957-square-foot retail property in Westborough, Mass, is being offered for sale at a foreclosure auction next month Paul E Saperstein Co has scheduled the auction for Dec 8 The property...
The Real Deal Antora Energy has leased all 294,000 square feet at a newly constructed industrial property at 475 Sycamore Drive in Milpitas, Calif Prologis, a San Francisco REIT, owns the property, which has power capacity of up to 4,000 amps, with...
New York Business Journal Atlas Capital Group has paid $143 million, or about $558,594/unit, for the 256-unit apartment property at 360 West 43rd St in Manhattan’s Hell’s Kitchen neighborhood The local real estate firm acquired the...
Modal Labs has leased 160,000 square feet at the 116 million-sf 32 Ave of the Americas office building in Manhattan’s Tribeca neighborhood The New York company will relocate about 140 employees from 233 Spring St, also in Manhattan, by...
Boston Business Journal Bulfinch Cos has paid $151 million, or $23231/sf, for the 65,000-square-foot office building at 210 Broadway in Cambridge, Mass The Boston-area real estate firm acquired the property from BioMed Realty of San Diego, which had...
New York Business Journal Northwind Group has provided $231 million of construction financing for the conversion of 675 Third Ave, a 337,000-square-foot office building in Manhattan, into as many as 450 apartments A venture of Metro Loft Management...
Commercial Real Estate Direct Staff Report Average monthly rents for apartment units across the country increased in the third quarter by 23% from a year ago, to $1,950, according to Cushman & Wakefield The increase was the largest...
The Real Deal David Werner is said to be buying the 49% stake in the 103 million-square-foot 605 Third Ave office building in Midtown Manhattan from JPMorgan Asset Management, which offered the stake through Newmark The remaining stake in the...
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