Business Specialties
BNY Mellon Takes 350 KSF at Brookfield’s Downtown NYC Complex
BNY Mellon has signed on for 350,000 square feet at 225 Liberty St., one of the five office towers in Brookfield Office Properties’ 8 million-square-foot Brookfield Place complex, formerly known as the World Financial Center.
Goodman Birtcher to Develop $350M Industrial Logistics Center in Linden, NJ
Goodman Birtcher has received entitlement approvals for Goodman Logistics Center Linden, a proposed $350 million logistics center in Linden, N.J.
RADCO Buys 512-Unit M-F Community in Metro Denver for $95M
The RADCO Cos. has acquired Parc Belmar, a 512-unit apartment community in Lakewood, Colo., from a local developer for $95 million.
SPECIAL REPORT: PREI Raises Concerns: RE Valuations Could be Based on QE Worldwide
Prudential Real Estate Investors said that commercial real estate prices are on the rise worldwide as economies rebound internationally, but expressed concern that loose monetary policy could be driving property valuations, in its June 2014 Global Outlook.
Ivanhoe Cambridge JV Buys 49% Stake in Downtown Manhattan Property for $150M
Ivanhoe Cambridge has added to its New York City office holdings with the acquisition of a 49 percent stake in 330 Hudson in Manhattan for $150 million.
Carey Watermark Grabs 302-Key Hotel in Denver’s CBD for $82M
Carey Watermark Investors has made its entrance into Denver’s sizzling hotel market by snapping up the Hampton Inn & Suites-Homewood Suites by Hilton Denver Downtown/Convention Center for $82 million.
INTERNATIONAL: DAMAC Tops Out $300M Luxury Residential Tower in Beirut
Leading Middle Eastern luxury developer DAMAC Properties has topped off a $300 million iconic residential tower in Beirut’s Solidere area.
Online with Auctions by ATG
The online auctioning of commercial real estate is a fast-growing arena, and Auctions by ATG, which conducts both live and online auctions, is seeing the trend first hand.
Moinian Secures Loan for 3 Hudson Blvd.
Plans for 3 Hudson Blvd., the 1.8 million-square-foot tower being built by The Moinian Group in the Hudson Yards district on Manhattan’s Far West Side, are moving forward with news that the developer has secured a land loan from AIG’s Commercial Mortgage Lending Group.
Pushing New Heights – Brokerage Trends Podcast
Jack Kern and Mike Ratliff dissect the current state of real estate brokerage and investment sales trends.