Subject: Property Offerings (OFF)
Recently Redeveloped Office Buildings in Long Island City, N.Y., Offered for Sale
The Point LIC, a 348,851-square-foot office complex in the Long Island City section of Queens, N.Y., is being offered for sale as its financing is coming due. The property is comprised of the 220,000-square-foot Blanchard Building, at 21-09 Borden Ave., ...
Minneapolis-Area Office Backing $48.8Mln of CMBS Debt Offered for Sale
Commercial Real Estate Direct Staff Report LCN Capital Partners is offering for sale UnitedHealth Group Inc.'s headquarters, a 343,602-square-foot office property in Minnetonka, Minn. The offering was first reported by the Minneapolis/St. Paul Business Journal. The property, at 9900 Bren ...
St. John’s University Plans to Sell Staten Island, N.Y., Campus
Commercial Observer St. John's University is planning to shutter its 16-acre campus on Staten Island, N.Y., next year and has put it up for sale through Savills. The campus, Grymes Hill, includes 10 buildings with about 175,000 square feet. The ...
Abraham Trust Places Winning Bid of $190Mln for Manhattan’s Flatiron Building
The Real Deal Abraham Trust, led by Jacob Garlick, placed the winning bid of $190 million, or $745/sf, for the iconic Flatiron Building at 175 Fifth Ave. in Manhattan. The 121-year-old property was auctioned through Mannion Auctions in order to ...
Richardson, Texas, Shopping Center Comes to Sales Market
Dallas Morning News Richardson Heights, a North Texas shopping center with more than 200,000 square feet, is on the sales market. JLL is marketing the retail property on behalf of its owner, Hartman Income REIT of Houston, which has owned ...
69,000-SF Office, Retail Property in Chicago Comes to Market
Crain's Chicago Business Tishman Realty is offering for sale the 69,000-square-foot office and retail building at 100 South State St. in Chicago. The New York investor hired Cushman & Wakefield to market the property, which it had acquired in 2015 ...
319,835-SF Office, R&D Property in Milpitas, Calif., Comes to Market
The Registry Analog Devices is offering for sale its five-building office and research and development campus in Milpitas, Calif. The semiconductor company hired Colliers to market the 319,835-square-foot property at 790 and 720 Sycamore Drive, 1511 Buckeye Drive and 1630 ...
Intel Brings 505,090-SF Office Property in San Jose, Calif., to Market
The Registry Intel is offering for sale its four-building office campus with 505,090 square feet at 101, 121, 131 and 141 Innovation Drive in San Jose, Calif. The tech giant has hired Colliers to market the property. No asking price ...
LNR to Offer Distressed CMBS Loan Against Long Island’s Oheka Castle Again
LNR Partners once again will be trying to sell the nonperforming CMBS loan against the historic Oheka Castle on Long Island's North Shore. It tried selling it last fall, but didn't get bids that were high enough. It's hired Mission ...
Downtown Orlando, Fla., Office Building Comes to Sales Block
Orlando Business Journal A venture that includes FCP is offering for sale the Fulcrum, a 141,125-square-foot office building in downtown Orlando, Fla. Cushman & Wakefield has the listing for the four-story property, at 150 North Orange Ave. An asking price ...
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