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Can Multistory Warehouses Remake Our Idea of Industrial?
News 4 months ago
Can Multistory Warehouses Remake Our Idea of Industrial?

BROOKLYN, NY-As we are becoming conditioned to ordering everything we need online and expecting within 24 hours, or even less, the industrial real...

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EcoRise Development Sells OZ Brooklyn Warehouses
News 4 months ago
EcoRise Development Sells OZ Brooklyn Warehouses

EcoRise Development LLC has sold three adjacent, single-story warehouses in the Gowanus neighborhood of Brooklyn to 473 President Street, LLC for ...

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L&L Holding, Normandy Real Estate Partners Finalize Terminal Warehouse Redevelopment Plan
News 4 months ago
L&L Holding, Normandy Real Estate Partners Finalize Terminal Warehouse Redevelopment Plan

L&L Holding and Normandy Real Estate Partners have finalized their redevelopment plan for Terminal Warehouse, a 1.2-million-square-foot industrial...

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One Vanderbilt Tops Out Ahead of 2020 Completion Deadline
News 4 months ago
One Vanderbilt Tops Out Ahead of 2020 Completion Deadline

SL Green Realty Corp.'s One Vanderbilt, a 1.7 million-square-foot tower occupying one full city block west of Grand Central Terminal, has topped...

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Non-profits Emerge as Top-Contenders for Bronx Development Land
News 4 months ago
Non-profits Emerge as Top-Contenders for Bronx Development Land

NEW YORK CITY-Non-profit organizations are making a splash in the Bronx, competing for development sites to build affordable housing incentivized...

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Access Industries Bets on Seniors Housing With JEA Senior Living Partnership
News 4 months ago
Access Industries Bets on Seniors Housing With JEA Senior Living Partnership

NEW YORK CITY-Access Industries, an institutional real estate investment firm, and JEA Senior Living, a senior care provider, have teamed up to...

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Real Estate Board of New York Honors Industry Leaders, Tipping its Hat to Advocacy
News 4 months ago
Real Estate Board of New York Honors Industry Leaders, Tipping its Hat to Advocacy

NEW YORK CITY-The Real Estate Board of New York announced the honorees of its 124th annual banquet next January. Award recipients have exemplified...

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Veteran Thomas Weeks To Steer Rockefeller Group’s Expansive Growth
News 4 months ago
Veteran Thomas Weeks To Steer Rockefeller Group’s Expansive Growth

NEW YORK CITY-Rockefeller Group has hired commercial real estate veteran Thomas Weeks to lead the development business nationwide as executive vice...

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NYC-Based Manufacturing Firm Signs 21,000 SF Lease in South Hackensack
News 4 months ago
NYC-Based Manufacturing Firm Signs 21,000 SF Lease in South Hackensack

SOUTH HACKENSACK, NJ- Samuel & Sons Passementerie has signed a 21,156-square-foot lease deal at Alfred Sanzari Enterprises' 10-12 Horizon Blvd....

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Safehold to Create $275M Ground Lease for 195 Broadway
News 4 months ago
Safehold to Create $275M Ground Lease for 195 Broadway

NEW YORK-Safehold Inc. has entered into a definitive agreement to create a $275 million Safehold ground lease at 195 Broadway in New York City. The...

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Blackstone Closes $20.5B Real Estate Fund
News 4 months ago
Blackstone Closes $20.5B Real Estate Fund

NEW YORK-Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners IX, with $20.5 billion of...

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Big Gains in US Net-Lease Investment Market Spotlight Office, Retail
News 4 months ago
Big Gains in US Net-Lease Investment Market Spotlight Office, Retail

NEW YORK-The office and retail sectors drove big gains for overall US net-lease investment volume in Q2 2019, setting records and capturing the...

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Exact Capital Bulks Leadership Team, Eyes New Markets
News 4 months ago
Exact Capital Bulks Leadership Team, Eyes New Markets

NEW YORK-Exact Capital, a New York-based development company, has hired five executives as it eyes expansion into new markets. Traditionally, New...

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ShopOne Sheds Midwest Shopping Centers to Albanese Cormier Holdings
News 4 months ago
ShopOne Sheds Midwest Shopping Centers to Albanese Cormier Holdings

NEW YORK CITY-Locally based ShopOne Centers REIT Inc., a leading owner, operator and manager of high-quality grocery-anchored shopping centers,...

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Marquee Brands Finalizes Lease at Vornado Office Space
News 4 months ago
Marquee Brands Finalizes Lease at Vornado Office Space

NEW YORK CITY-Marquee Brands LLC has finalized a lease at 330 W. 34th St. with building owner Vornado Realty Trust. The global brand owner,...

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New York City Leads in Strong US Net-Lease Investment Market
News 4 months ago
New York City Leads in Strong US Net-Lease Investment Market

NEW YORK-New York City clocked in at number one for net-lease investment for the second quarter of 2019, outperforming high-growth cities like San...

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Safehold to Acquire $195M Ground Lease for Hawaii Resort
News 4 months ago
Safehold to Acquire $195M Ground Lease for Hawaii Resort

NEW YORK-Safehold Inc. has agreed to purchase the existing ground lease for the Alohilani Resort in Waikiki Beach for $195 million. The transaction...

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Cushman & Wakefield Arranges Bronx Church Sale
News 4 months ago
Cushman & Wakefield Arranges Bronx Church Sale

NEW YORK - Cushman & Wakefield has arranged the sale of a 3,404-square-foot property at 959 Cauldwell Avenue in the Bronx. The property sold for $1...

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Recently-Launched Real Estate Firm Buys 155 West 23rd
News 4 months ago
Recently-Launched Real Estate Firm Buys 155 West 23rd

NEW YORK CITY-Recently launched MC Real Estate Partners LLC and a private investor have purchased of 155 West 23rd Street from The Kaufman...

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NYC’s Davo Group Acquires Rockaway, NJ Industrial Complex
News 4 months ago
NYC’s Davo Group Acquires Rockaway, NJ Industrial Complex

ROCKAWAY, NJ-The Silverman Group has sold a 10-acre, six-building industrial complex here at 114 Beach St. to Sholom Davidowits' Davco Group of New...

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Longtime Westchester Commercial Developer Robert Weinberg Dies
News 4 months ago
Longtime Westchester Commercial Developer Robert Weinberg Dies

NEW YORK CITY-Visionary developer Robert Weinberg, who helped develop Westchester County's commercial office and flex industrial markets from the...

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Broadstone Net Lease Acquires $735.7M Industrial Portfolio
News 4 months ago
Broadstone Net Lease Acquires $735.7M Industrial Portfolio

NEW YORK - Broadstone Net Lease, Inc. has acquired a portfolio of 23 industrial and office/flex assets in a $735.7 million transaction, excluding...

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Kelley Drye & Warren Lease Space at 3 World Trade Center
News 4 months ago
Kelley Drye & Warren Lease Space at 3 World Trade Center

NEW YORK - Silverstein Properties has announced that Kelley Drye & Warren LLP has signed a 15-year lease at 3 World Trade Center in Downtown...

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Davis & Gilbert LLP Lease 86,000 SF in Midtown
News 4 months ago
Davis & Gilbert LLP Lease 86,000 SF in Midtown

NEW YORK - National law firm, Davis & Gilbert LLP has signed a lease for 86,000 square feet of space at 1675 Broadway in Midtown Manhattan. The 15...

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Newmark Knight Frank Expands NY Capital Markets Division
News 4 months ago
Newmark Knight Frank Expands NY Capital Markets Division

NEW YORK - Newmark Knight Frank (NKF) has appointed three new capital market experts to its New York Capital Markets Investment Sales division....

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CBRE Arranges $48.3M Sale for Affordable Housing Community
News 4 months ago
CBRE Arranges $48.3M Sale for Affordable Housing Community

NEW YORK - CBRE Affordable Housing and CBRE's New York Institutional Group arranged the sale of Parkledge, an affordable housing community in...

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Blackstone, AEW Acquire TA Realty’s National Logistics Portfolio for $1 Billion
News 4 months ago
Blackstone, AEW Acquire TA Realty’s National Logistics Portfolio for $1 Billion

BOSTON-Locally-based TA Realty, LLC has sold an 8.3 million-square-foot logistics portfolio in two separate transactions to AEW Capital Management...

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RAIT Financial Trust Files for Bankruptcy; Enters Stalking Horse Deal
News 4 months ago
RAIT Financial Trust Files for Bankruptcy; Enters Stalking Horse Deal

PHILADELPHIA-Locally-based RAIT Financial Trust reported last week it had filed for Chapter 11 bankruptcy protection at the United States...

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Most Mindful Overall Transformation
News 4 months ago
Most Mindful Overall Transformation

NEW YORK - For our pre-event coverage of GlobeSt.com's ADAPT awards, we considered numerous adaptive reuse projects. We have determined the winner...

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Small Biz Loans to Reap About 200 Jobs for New Jersey; Including NY Relocation
News 4 months ago
Small Biz Loans to Reap About 200 Jobs for New Jersey; Including NY Relocation

TRENTON, NJ-The New Jersey Economic Development Authority reports that small business loans provided through its Premier Lending Program have...

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