Business Specialties
Mayer Brown Signs 187 KSF Lease in NYC’s Rockefeller Center
The Rockefeller Group has completed an 187,000-square-foot lease with Mayer Brown at 1221 Avenue of the Americas, a 50-story office tower anchoring the western border of Rockefeller Center between West 48th and West 49th streets.
Citi, Simone Provide NMTC Financing for Metro Center Atrium in the Bronx
Simone and Citi Community Capital, acting in partnership with Monge Capital, provided New Markets Tax Credit financing for the construction of the 370,000-square-foot project which, as home to many healthcare and social services providers, will help fill the gap in medical services in the area.
Harrison Street Completes Largest Self-Storage Portfolio Sale of 2013
Public Storage REIT has acquired a portfolio of 43 self-storage properties totaling 22,500 units in five states from Harrison Street, accounting for the largest self-storage portfolio transaction of 2013 so far.
Trio of Lenders Provide $850M for Tysons Corner Center Refi
Prudential Mortgage Capital, Northwestern Mutual and TIAA-CREF each chipped in $283 million, for a total $850 million, to refinance Tysons Corner Center in metro Washington, D.C.
Landesbank Provides $110M for Queens, NY M-F Project
Landesbank is providing construction financing for a new luxury multi-family tower scheduled to go up in Long Island City in the New York City borough of Queens.
HCP Shakeup Takes Analysts by Surprise
Analysts and investors were surprised when news came out that the nation’s largest healthcare REIT, HCP, had fired its longtime chairman & CEO.
Mack Urban, AECOM Acquire Six Acres in Los Angeles CBD
Mack Urban and AECOM Capital have teamed to acquire six acres of land in downtown Los Angeles’ South Park district, on which they plan to build a new mixed-use neighborhood.
C&W: ‘A Very Good 2013’ Rolls on for Manhattan
As 2013 enters the home stretch, the nation’s biggest real estate market continues to show healthy momentum on most fronts, according to Cushman & Wakefield’s New York City team.
Serco Sets Up Shop with 90 KSF Office Lease in Suburban St. Louis
Serco, armed with a $1.2 billion government contract to provide processing services for the implementation of the Patient Protection and Affordable Care Act, recently signed a five-year lease in the suburban St. Louis building that formerly housed the headquarters of the now-defunct vehicle contracts seller U.S. Fidelis.