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Developer Nabs $39M Loan for Warehouses Near Cincinnati Amazon Hub
News 1 month ago
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...

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Advantage Solutions Takes 20K SF at Club Row Building
News 1 month ago
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,...

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Some 10-Year Mall Loans Find Refis a Challenge
News 1 month ago
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...

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Tysons Office Leased to Freddie Mac Commands $81M
News 1 month ago
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...

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$3B CMBS Loan From Morgan Stanley, Citi, Chase Funds Bellagio Buy
News 1 month ago
$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,...

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KPF Commissioned to Design Residential Building in National Landing
News 1 month ago
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...

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Four Banks Refi Vornado's 650 Madison with $800M CMBS Package
News 1 month ago
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,...

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Marcus Partners Signs Balfour Beatty to NoVA Office Building
News 1 month ago
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...

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M&M Store and Olive Garden Renew in Times Square
News 1 month ago
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....

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Public-Private Deal Brings Rhode Island City $400M Redevelopment Project
News 1 month ago
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...

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Griffin Capital Unloads Office Property in El Segundo for $64M
News 1 month ago
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...

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Retail-to-Industrial Conversions: Revolution or Niche Trend?
News 1 month ago
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...

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Q&A with Meridian’s Brian Flax and James Famularo
News 1 month ago
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...

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Gen Z Kids Set to Sparkle in Holiday Shopping Rush
News 1 month ago
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...

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Collectibles Store Signs 116K SF Lease at Former Sam’s Club in LA
News 1 month ago
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...

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Anaheim Hills Business Center Trades for Over $21M
News 1 month ago
Anaheim Hills Business Center Trades for Over $21M

Hamra Properties has acquired the Anaheim Hills Business Center in Anaheim, Calif., for $21.3 million. The firm acquired the 154,627-square-foot...

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Barclays Provides $66M CMBS Loan for San Fran Retail Asset
News 1 month ago
Barclays Provides $66M CMBS Loan for San Fran Retail Asset

Ashkenazy Acquisition Corporation (AAC) has landed a $66 million refinance of One Stockton Street, a retail asset that borders San Francisco’s...

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Madison Realty Capital Provides $31M Acquisition Loan for SoCal Hotel Project
News 1 month ago
Madison Realty Capital Provides $31M Acquisition Loan for SoCal Hotel Project

A hotel developer has picked up a $30.5 million financing package led by Madison Realty Capital to buy a building site in Southern California,...

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Moody’s REIS Network Reinvents How CRE Professionals Obtain Crucial Market Data
News 1 month ago
Moody’s REIS Network Reinvents How CRE Professionals Obtain Crucial Market Data

During a recent webinar hosted by Commercial Observer’s Partner Insights team, Harry Blanchard, Director of Business Development with Moody’s...

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Consultants West Monroe Partners Moving to 42K SF at Worldwide Plaza
News 1 month ago
Consultants West Monroe Partners Moving to 42K SF at Worldwide Plaza

Business consulting firm West Monroe Partners inked a deal to move its New York City offices to Worldwide Plaza in Midtown East, the landlords...

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Ad Tech Firm ZEFR Leaves Madison Avenue for 10 Grand Central
News 1 month ago
Ad Tech Firm ZEFR Leaves Madison Avenue for 10 Grand Central

Los Angeles-based video advertising company ZEFR is moving into Marx Realty’s 10 Grand Central in Midtown East, according to the landlord. The...

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Law Firm Relocates to DC’s Navy Yard
News 1 month ago
Law Firm Relocates to DC’s Navy Yard

Law firm GrayRobinson has signed a 4,000-square-foot lease at Skanska’s 99 M Street, SE, a Class A building in Washington D.C.’s Capitol Riverfront...

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PGIM Lends $150M to Refi and Renovate Connecticut Office Building
News 1 month ago
PGIM Lends $150M to Refi and Renovate Connecticut Office Building

The Ashforth Company has pulled in a $150 million loan from PGIM Real Estate Finance to refinance an office building in Greenwich, Conn.,...

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Blackstone Provides $724M Refi for Cove Property Group’s Hudson Commons
News 1 month ago
Blackstone Provides $724M Refi for Cove Property Group’s Hudson Commons

Cove Property Group has closed a $724.2 million refinance for Hudson Commons, its trophy office redevelopment at 441 Ninth Avenue in Hudson Yards,...

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Former Savills Head Michael Colacino Joins Digital Brokerage SquareFoot as President
News 1 month ago
Former Savills Head Michael Colacino Joins Digital Brokerage SquareFoot as President

Michael Colacino, the former president of Savills who stepped down from his role last year, has joined proptech firm SquareFoot as the startup's...

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Citizens Extends $55M Multifamily Construction Loan in NJ
News 1 month ago
Citizens Extends $55M Multifamily Construction Loan in NJ

A pair of Florida developers has wrangled a $55 million loan to fund construction of an apartment complex in northern New Jersey, Commercial...

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Trio of Tenants Sign New Deals at 530 Seventh Avenue
News 2 months ago
Trio of Tenants Sign New Deals at 530 Seventh Avenue

An advertising company, a venture capital firm and a healthcare industry consultant have signed new leases at 530 Seventh Avenue in the Garment...

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Accounting Firm Takes 20K SF at 1155 Avenue of the Americas
News 2 months ago
Accounting Firm Takes 20K SF at 1155 Avenue of the Americas

Accounting and advisory firm BKD will trade one Durst Organization building for another, Commercial Observer has learned. The firm signed a 13-year...

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Urban Standard Capital Provides $39M Condo Inventory Loan in Brooklyn
News 2 months ago
Urban Standard Capital Provides $39M Condo Inventory Loan in Brooklyn

Brooklyn-based owner Barry Leon of Leon & Company has nabbed a $38.5 million condominium inventory loan from Urban Standard Capital for 475...

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Convene’s Co-founder Chris Kelly Stepping Down
News 2 months ago
Convene’s Co-founder Chris Kelly Stepping Down

Chris Kelly, the co-founder and vice chairman of Convene, will be stepping down from his position at the end of the year, Commercial Observer has...

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