Keith Loria
$200M Military Housing Portfolio on the Move
Hunt Cos. has signed a definitive purchase agreement to acquire the entire portfolio of military housing assets from Forest City Enterprises, totaling nearly 15,000 units.
Northern Virginia Industrial Portfolio Changes Hands
MRP Realty and institutional investors have acquired Northern Virginia Industrial Park, a 15-building, 813,725-square-foot portfolio in Lorton, Va.
Bronx Plaza Welcomes Four Major Tenants
The Feil Organization has signed Modell’s, Kidstown, American Stenographic and Rainbow Stores to leases at Concourse Plaza in the Bronx, N.Y.
Former NY Times HQ Commands $296M
Kushner Companies has acquired 250,000 square feet of retail condo space in 229 West 43rd St.
JV to Invest $1B in U.S.-Based Real Estate Assets
SunCap Property Group and Blumberg Investment Partners have teamed on a joint venture with Ping An Insurance Group of China.
CRE Investment Still Strong, Says M&M
By Keith Loria, Contributing Editor: CRE investments should continue to grow into 2016, predicts Marcus & Millichap.
National Law Firm Takes 170,000 SF Lease
Lowenstein Sandler has signed a 15-year lease for 170,000 square feet at 56 Livingston Ave. in Roseland, N.J.
New Time Inc. HQ Invades Lower Manhattan
Time Inc. has begun moving into its new headquarters at 225 Liberty St., in New York City, transitioning away from the historic Time & Life Building.
KeyCorp Grows Banking Portfolio in $4.1B Transaction
KeyCorp will acquire First Niagara in a cash and stock transaction valued at approximately $4.1 billion, making the parent of KeyBank the 13th largest bank in the U.S.
$30M Redevelopment Pioneers in Downtown Brooklyn
Quinlan Development Group, LLC and Building and Land Technology unveiled renderings and details of The Pioneer Building, a $30 million redevelopment at 41 Flatbush Ave., in Brooklyn, N.Y.