Business Specialties
NYU Doubles Presence in Brooklyn
The school will occupy the first two floors of the former MTA headquarters, a 530,000-square-foot office building in downtown Brooklyn. The asset is undergoing major renovations, which are expected to be complete in 2019.
NJ Office Building Receives $26M Financing
Cushman & Wakefield arranged the loan for Hudson Equities Management’s recent acquisition of an office building in Woodcliff Lake, N.J. The asset is set to undergo multimillion-dollar renovations.
Onyx Equities JV Expands NJ Office Portfolio
The acquisition marks Onyx Equities’ and Garrison Investment Group’s fifth venture, expanding the joint portfolio to 1.4 million square feet.
LA Office Campus Fetches $117M
NKF Capital Markets represented Rockwood Capital and Marshall Property in the sale of the 203,946-square-foot Class A property to Deutsche Asset & Wealth Management.
Specht Wraps Industrial Record-Setter in Portland
Specht Development and New York Life Real Estate Investors have teamed up to deliver the three-building, 732,824-square-foot property on more than 37 acres in Gresham, Ore.
All Aboard! How South FL’s New Rail Line is Driving Development
The nation’s first new private rail service in a century starts early next year, and investment is on a roll. Greater Fort Lauderdale Alliance CEO Bob Swindell talks with CPE about the impact of Brightline.
Citimark Snags 332KSF Tampa Industrial Portfolio
HFF arranged the acquisition financing for the two-campus infill portfolio comprising Pioneer Industrial Park and Sunstate Industrial Park through JP Morgan Asset Management.
Flexential Adds 100 KSF to OR Facility
The Brookwood data center in Hillsboro, Ore. will total approximately 220,000 square feet. The site has been chosen as the U.S. point of presence for two submarine fiber cables.
Aztec Group Secures Financing for 67 KSF Retail Center
The company arranged $6.7 million in financing for a shopping center located in the suburbs of Tampa. BankUnited provided the loan, with a 70 percent loan-to-value ratio.
Morning Calm Closes Suburban DC Office Value-Add Deal
The nearly 300,000-square-foot park is less than half occupied, but its immediate environs look to be on the verge of a boom.