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Sandeep Mathrani Departing From Brookfield
News 2 weeks ago
Sandeep Mathrani Departing From Brookfield

Sandeep Mathrani, the CEO of Brookfield Properties’ retail group by way of its 2018 acquisition of GGP, is leaving his position at Brookfield,...

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Knotel Debuts in the DC Market
News 2 weeks ago
Knotel Debuts in the DC Market

Flexible workspace provider Knotel has expanded into the Washington, D.C. market, adding to its more than 200 locations in 17 cities around the...

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RFR Hires SL Green’s Milunec for Growing Leasing Team
News 2 weeks ago
RFR Hires SL Green’s Milunec for Growing Leasing Team

Commercial landlord RFR Realty is poaching a top in-house leasing executive from rival owner SL Green Realty Corp., Commercial Observer has learned...

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U.S. Marshals Take 40K SF at Industry City
News 2 weeks ago
U.S. Marshals Take 40K SF at Industry City

The United States Marshals Service will move its New York City offices from Chelsea to Industry City in Sunset Park, Brooklyn, Commercial Observer...

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Transit-Housing Bill Back in California’s Housing Crisis Fight
News 2 weeks ago
Transit-Housing Bill Back in California’s Housing Crisis Fight

Brace yourselves, Californians. It’s back. State Senator Scott Wiener introduced amendments this week to his contentious transit-housing bill in a...

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Thornton Tomasetti Leases 102K SF at 120 Broadway
News 2 weeks ago
Thornton Tomasetti Leases 102K SF at 120 Broadway

Engineering firm Thornton Tomasetti plans to consolidate its two New York City offices into one large headquarters at 120 Broadway in the Financial...

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CBRE’s Hana Makes East Coast Debut in JBG Partnership
News 2 weeks ago
CBRE’s Hana Makes East Coast Debut in JBG Partnership

CBRE’s newly-launched flexible office space unit, Hana, is opening its first outpost on the East Coast via a roughly 40,000-square-foot presence in...

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Daily Caller Acquires Historic DC Property for Its New Headquarters
News 2 weeks ago
Daily Caller Acquires Historic DC Property for Its New Headquarters

The Daily Caller, the right-wing online news site, has acquired 1737 H Street, NW, a 115-year-old office building in Washington, D.C., according to...

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Morgan Stanley Lends $251M in HGI’s Acquisition of LeFrak Office Property
News 2 weeks ago
Morgan Stanley Lends $251M in HGI’s Acquisition of LeFrak Office Property

LeFrak Organization has closed on the sale of its Class A office property at 545 Washington Boulevard in Jersey City to Harbor Group International ...

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Normandy Puts 575 Lex on Market With Asking Price Topping $650M
News 2 weeks ago
Normandy Puts 575 Lex on Market With Asking Price Topping $650M

A joint-venture between Normandy Real Estate Partners, Angelo Gordon & Co. and George Comfort & Sons has put its office tower at 575 Lexington...

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Former Skanska CEO Tapped to Lead Gilbane
News 2 weeks ago
Former Skanska CEO Tapped to Lead Gilbane

Gilbane Building Company, one of the city’s largest family-owned construction firms for nearly 150 years, is getting a new top executive as Bill...

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Invesco Snaps Up Microsoft-Occupied Office Duo in $600M Deal
News 2 weeks ago
Invesco Snaps Up Microsoft-Occupied Office Duo in $600M Deal

Invesco Real Estate has acquired two Class-A office buildings in Bellevue, Wash. for approximately $600 million, sources told Commercial Observer....

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Comstock Acquires Arlington Office Building in $129M Deal
News 2 weeks ago
Comstock Acquires Arlington Office Building in $129M Deal

Comstock has acquired The Hartford Building, a 211,450-square-foot office building with street-level retail in Arlington, Va., from Heitman Capital...

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The Cuffs Come Off: The New Decade Brings an Uptick in Cov-Lite Loans
News 2 weeks ago
The Cuffs Come Off: The New Decade Brings an Uptick in Cov-Lite Loans

Those who lived through the global financial crisis and survived to tell the tale no doubt have bad memories of the term “cov-lite.” The widespread...

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The Roaring 2020s: The Next Decade In Real Estate Finance
News 2 weeks ago
The Roaring 2020s: The Next Decade In Real Estate Finance

Real estate has always drawn positive thinkers. “If you’re not an optimist in our business, you might as well just stay in bed,” says Elliot...

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BentallGreenOak Seals Financing for 685 Third Avenue Acquisition
News 2 weeks ago
BentallGreenOak Seals Financing for 685 Third Avenue Acquisition

BentallGreenOak has closed on its acquisition of 685 Third Avenue, a Midtown East office property and the last remaining asset in Unizo Holdings’...

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Culver City Firm Nabs Santa Clarita Apartments for $63M
News 2 weeks ago
Culver City Firm Nabs Santa Clarita Apartments for $63M

As multifamily trades pick up in Southern California, investment firm Gelt announced that it sold a 232-unit community in Santa Clarita to Culver...

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Gift Returns Bring Annual Holiday Hangover for Logistics Industry
News 2 weeks ago
Gift Returns Bring Annual Holiday Hangover for Logistics Industry

For most consumers, returning unwanted gifts is an annoying part of each holiday season. But for warehouse operators, mass returns have become the...

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S3 Capital Funds Brooklyn Apartment Project With $50M Construction Loan
News 2 weeks ago
S3 Capital Funds Brooklyn Apartment Project With $50M Construction Loan

Loketch Group and Meral Property Group have picked up $50 million in financing to acquire and redevelop a parcel in Brooklyn’s Clinton Hill,...

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Club Nebula Replacing Pronto Pizza in Theater District
News 2 weeks ago
Club Nebula Replacing Pronto Pizza in Theater District

A club will replace a pizza shop on the ground-floor of a historic Theater District building known as the Bush Tower. Lifestyle Mixx has signed a...

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On a Quixotic Quest for Hollywood North
News 2 weeks ago
On a Quixotic Quest for Hollywood North

The mid-summer scene was like so many that have played out in Los Angeles before: a ribbon-cutting for a new state-of-the art production studio, a...

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Harbor Associates Makes a Multifamily Pivot on San Pedro Project
News 3 weeks ago
Harbor Associates Makes a Multifamily Pivot on San Pedro Project

Harbor Associates, the Long Beach-based office investor that’s been on an acquisition spree, is experimenting with a mixed-use conversion in an...

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Clothing Distributor Public Relocating to 18K SF at 151 West 26th Street
News 3 weeks ago
Clothing Distributor Public Relocating to 18K SF at 151 West 26th Street

Public Clothing Company, a distributor of luxury apparel, will move its headquarters to 151 West 26th Street in Chelsea, Commercial Observer has...

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Rabsky and Spencer Refi Brooklyn Triangle Development With $71M Loan
News 3 weeks ago
Rabsky and Spencer Refi Brooklyn Triangle Development With $71M Loan

Rabsky Group and Spencer Equity have landed a $70.5 million loan from Bank Leumi USA to refinance a mega-development on the former Pfizer site in...

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Camber, Westhab Land $46M in Financing for Bronx Supportive Housing Project
News 3 weeks ago
Camber, Westhab Land $46M in Financing for Bronx Supportive Housing Project

As part of an effort to help tackle New York’s affordable housing shortage, Camber Property Group and affordable housing non-profit Westhab have...

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DC Office Building Changes Hands in $130M Deal
News 3 weeks ago
DC Office Building Changes Hands in $130M Deal

World Bank has acquired 1776 G Street, an eight-story office building in Washington D.C. from WashREIT for $129.5 million, according to the seller....

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British Consulting Firm OC&C Takes 13K SF at 250 West 55th Street
News 3 weeks ago
British Consulting Firm OC&C Takes 13K SF at 250 West 55th Street

A London-based consulting firm will nearly double its New York City offices and move to Boston Properties' 250 West 55th Street, brokers on the...

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Bell Partners Adds to Arlington Portfolio
News 3 weeks ago
Bell Partners Adds to Arlington Portfolio

Bell Partners has acquired Vista on Courthouse, a 220-unit apartment building in Arlington, Va., from Equity Residential, according to the buyer,...

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Stellar Gets $86M Refi on New Upper West Side Retail Structure
News 3 weeks ago
Stellar Gets $86M Refi on New Upper West Side Retail Structure

Stellar Management has picked up an $85.5 million loan from Germany’s Landesbank Hessen-Thüringen Girozentale to refinance the newly built retail...

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Reston Office Building Changes Hands for $33M
News 3 weeks ago
Reston Office Building Changes Hands for $33M

A joint venture between Moore & Associates and Harbert Management Corp. has acquired 2100 Reston Parkway, a 178,667-square-foot office building in...

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