Business Specialties
Capital One Lends $175M for Manhattan Office Tower
BlackRock and L&L Holding Co. will use the financing to pay down debt on the recently renovated 575,000-square-foot office tower located near Grand Central Terminal.
Time Equities Acquires Eastern TN Retail Center
The shopping center, leased to a variety of tenants including Books-A-Million, Jo-Ann Fabrics, Shoe Carnival and Catherine’s, contains more than 140,000 square feet.
140-Key Marriott Hotel Opens in Indiana
The five-star hotel in South Bend, operated under the Courtyard by Marriott umbrella, is developer JSK Hospitality’s ninth property.
Foxfield and Novaya Receive $8M Loan for NJ Acquisition
The joint venture invested in three properties located within Pureland Industrial Complex, a 3,000-acre park providing immediate access to major distribution routes and the Ports of Camden and Philadelphia.
CBRE Lands Office Management, Leasing Contracts in South FL
The firm’s Kevin Probel and Kevin McCarthy will handle leasing for the two buildings, and Mike Williamd and Cindy Hatcher will oversee property management.
DC Bar Headquarters Opens in Mount Vernon Triangle
The 100,000-square-foot building offers collaborative workspace, a conference center, a broadcast studio and a 17,000-square-foot flexible event space. Alliance Architecture was in charge of the design.
Duke Realty Inks Full-Building Industrial Lease in NJ
RAB Lighting, a manufacturer of indoor and outdoor LED lighting and controls, will relocate and expand its northeast distribution center operations in the new 264,000-square-foot facility in Cranbury.
Top 10 Most Transacted Submarkets by Sales Volume in Dallas
The real estate market in the Dallas Fort-Worth metro has been rapidly maturing, the last 12 months having registered several large and very large deals as a result of the construction boom.
Extech Instruments Presents New Laser Distance Meters Series
The Nashua, N.H.-based company launched three new devices—DT40M, DT60M and DT100M—capable of computing area and volume, measuring angles and staking out distances between objects.
Samsung to Relocate Texas HQ to Plano
The electronics giant leased 216,000 square feet at Legacy Central and will transfer 1,300 employees from its Richardson location in early 2019.