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Office in DC’s Ivy City Trades for $23M
Private investor Kim Myung has acquired 1818 New York Avenue NE, a 90,000-square-foot office building in Washington, D.C.’s Ivy City neighborhood,...
Amazon Signs for 335K SF at SL Green’s 410 Tenth in Hudson Yards
Amazon has inked a major new office lease at SL Green Realty Corp.’s 410 Tenth Avenue in the Hudson Yards neighborhood, several months after it...
Manhattan West Gets a Food Hall
Brookfield Properties is bringing a large food hall to its Manhattan West megaproject. Dubbed Citizens, the 40,000-square-foot eatery will include...
Law Firm Cozen O’Connor Takes 77K SF at 3 WTC
Philadelphia-based law firm Cozen O’Connor will consolidate its two New York City offices to 77,000 square feet at 3 World Trade Center, landlord...
Billy Macklowe Eyes Park Slope Key Food for Resi Project
Developer Billy Macklowe, who heads the eponymous William Macklowe Company, is making a bid to purchase Avery Hall Investments’ controversial...
Updated: Credit Suisse, Reuben Brothers Provide $410M+ on Las Vegas Rio Trade
Dreamscape Companies has snagged a $410 million acquisition loan from Credit Suisse to help fund its purchase of the Rio All-Suite Hotel & Casino...
Arch Finds $62M Walker & Dunlop Loan on Value-Add Southeastern Apartment Play
Arch Companies has pulled in a $61.5 million bridge financing to purchase and renovate a set of four garden-apartment complexes in North Carolina...
Jay Kriegel, a ‘Mensch’ Who Advised Mayors and Related on Hudson Yards, Dies at 79
Jay Kriegel, a real estate executive who came onto the scene as a 25-year-old mayoral advisor and helped Related Companies get Hudson Yards built,...
Breather Sets a Path to Profitability Through a Unique Flexible Office Model
With over 500 locations, flexible workspace provider Breather offers turnkey office space up to 10,000 square feet, as well as on-demand access to...
PwC Signs 182K-SF Lease at Downtown DC’s 655 New York
Professional services firm PricewaterhouseCoopers has signed a 182,316-square-foot lease at Douglas Development and Brookfield Properties’ 655 New...
Columbia Pacific Lends $28M to Refi Site of LIC Self-Storage Project
Criterion Group has nabbed $28 million in bridge financing from Columbia Pacific Advisors’ bridge lending platform to refinance a planned self...
Lenders Pioneer With Structures and Terms Amid Mature Market
There was room for everyone at Commercial Observer’s Innovators Forum in Midtown yesterday — including the lenders who finance the city’s real...
Industry Leaders Say It’s Time to Get Innovative
If you count the world’s oldest surviving buildings — starting with 7,000-year-old tombs in France — the real estate industry is literally...
Target Hitting Times Square With Small-Format Store
Target is continuing its expansion into Manhattan, this time opening an outpost at the Crossroads of the World. The big box-retailer signed a deal...
Citi, Barclays Lead $1.8B Debt Package on San Fran’s Largest Rental Community
San Francisco’s largest multifamily complex, the 3,221-unit Parkmerced, has been financed with a roughly $1.5 billion in CMBS debt from Citi and...
Developer Nabs $39M Loan for Warehouses Near Cincinnati Amazon Hub
An Atlanta-based development firm has landed a $38.8 million loan from Trez Forman Capital to build a pair of industrial buildings in northern...
Advantage Solutions Takes 20K SF at Club Row Building
National sales firm Advantage Solutions is consolidating its New York presence at 28 West 44th Street, also known as the Club Row Building,...
Some 10-Year Mall Loans Find Refis a Challenge
Retail has been a lingering sore spot for U.S. CMBS for the last several years. However, we are approaching a pivotal point for loans tied to some...
Tysons Office Leased to Freddie Mac Commands $81M
A joint-venture between Northridge Capital and KAMCO Investment Co. has acquired 1550 Westbranch Drive, a 151,949-square-foot office building in...
$3B CMBS Loan From Morgan Stanley, Citi, Chase Funds Bellagio Buy
The three big banks behind one of the year’s biggest single-asset CMBS deals are hoping their latest loan isn’t a dice-roll. Morgan Stanley,...
KPF Commissioned to Design Residential Building in National Landing
JBG Smith has chosen Kohn Pedersen Fox Associates to design its planned residential building at 2000 Bell Street in Arlington, Va., as part of its...
Four Banks Refi Vornado's 650 Madison with $800M CMBS Package
A joint-venture led by Vornado Realty Trust has refinanced previous acquisition debt on 650 Madison Avenue with an $800 million package from Citi,...
Marcus Partners Signs Balfour Beatty to NoVA Office Building
International commercial construction company Balfour Beatty has leased 20,000 square feet at 3180 Fairview Park, a 58,483-square-foot Class A...
M&M Store and Olive Garden Renew in Times Square
If you thought Thanksgiving couldn’t make your belt any tighter, watch out, because two tempting Times Square mainstays have renewed their leases....
Public-Private Deal Brings Rhode Island City $400M Redevelopment Project
Pawtucket, R.I. is seeing a $400 million opportunity-zone investment to redevelop the small New England city’s waterfront, local officials...
Griffin Capital Unloads Office Property in El Segundo for $64M
No, this is not a reprint — there really was another major office sale this week in El Segundo, which is a clear contender to be the most active...
Retail-to-Industrial Conversions: Revolution or Niche Trend?
It may have been unthinkable ten to fifteen years ago, but the shift in consumer shopping patterns from brick-and-mortar stores to online platforms...
Q&A with Meridian’s Brian Flax and James Famularo
Many real estate professionals have been paying close attention to retail’s transformation over the past several years. Fewer have taken notice of...
Gen Z Kids Set to Sparkle in Holiday Shopping Rush
It’s beginning to look a lot like Christmas for the nation’s retailers, who are gearing up for an $101 billion holiday spending bonanza that kicks...
Collectibles Store Signs 116K SF Lease at Former Sam’s Club in LA
Frank & Son Collectible Show, a Los Angeles-based collectibles store, has signed a 10-year lease to take over a former Sam’s Club in the City of...