Business Specialties

SL Green Lands $510M Loan for NYC Office Tower

The REIT obtained mortgage financing secured by the trophy asset at 220 E. 42nd St., known as The News Building, and utilized the proceeds to repay its revolving credit facility.

Lowe Adds National Retail Redevelopment Platform

Retail industry veteran Joel Mayer has joined the company as executive vice president to lead Retail reVision, which will focus on repositioning and redeveloping underperforming assets.

GSA Renews 2 DC Office Leases

The agency will continue to occupy more than 29,000 square feet at the 160,897-square-foot property in the city’s central business district.

Sitex Group Trades $112M Queens Industrial Portfolio

The three Class B buildings total 235,500 square feet at Long Island’s largest railway junction.

Woman’s Hospital of Texas Gets New Building

The 116,500-square-foot development is the first on-campus medical office addition in 17 years.

CBRE Arranges Orange County MOB Sale

Ian Schroeder, Melissa Ley and Allison McDuffie assisted the seller in the disposition of the 11,499-square-foot asset in Tustin, Calif.

Transwestern Brokers Sale of West Virginia Warehouse

Caulley Deringer, Steve Cloud and Gerry Trainor, along with Bev Sheffler and Andrew Hassett represented the seller.

Marcus & Millichap Arranges Sale of Single-Tenant Philadelphia-Area Asset

Senior Associate Craig Dunkle and Associate Mher Vartanian secured the buyer of the roughly 31,000-square-foot Goodwill Job Resource & Donation Center.

Ohio Shopping Center Trades for $46M

A three-way partnership purchased the 458,900-square-foot property with financing from First National Bank.

Black Creek Group Inks 450 KSF Inland Empire Lease

The company’s three-building Agua Mansa Commerce Center in Colton, Calif., has reached 100 percent occupancy.