Deals
Genet Property Group Buys FL Industrial Portfolio
The purchase included Fairfax Industrial Park in Riviera Beach and 7150 Devons Road in West Palm Beach. Cushman & Wakefield represented the seller in the transaction.
DC’s Warner Center Commands $377M
JBG Smith sold the historic Pennsylvania Avenue property. The 583,453-square-foot Class A office asset was 98 percent leased at the time of the sale.
HRT Expands World Trade Center Footprint
The fintech company has signed a 136,000-square-foot lease at 3 World Trade Center with Silverstein Properties, less than three years after taking the 57th and 58th floors of 4 World Trade Center.
Waldorf Astoria to Open 1st Miami Location
Property Markets Group will develop the 98-story mixed-use project, which is expected to feature a 140-key hotel and 400 condo units.
JLL Arranges $95M Loan for NYC Office Portfolio
East End Capital teamed up with a family office to purchase and reposition three Manhattan buildings totaling more than 225,000 square feet.
Morgan Properties Buys PA Office Complex
HFF facilitated the sale of Millennium I, II and III, a three-building campus located in Conshohocken, a northwestern suburb of Philadelphia.
Mack-Cali Sells NY Warehouse for $70M
The disposition of the 386,000-square-foot Elmsford Distribution Center in Westchester County marks another step in the company’s portfolio transformation program.
Chase Properties Expands Louisiana Retail Footprint
The company purchased Prien Lake Shopping Center, a 135,000-square-foot asset located in Lake Charles and anchored by Marshalls, Ross Dress for Less and Bed Bath & Beyond.
Atlanta Office Sells for $83M
The Brookdale Group, which acquired the nearly 280,000-square-foot Class A asset in 2015 for $53 million, renovated the property in 2016.
New York City’s Health System Lands $758M Lease
The largest public health care system in the nation signed a 25-year lease for more than 500,000 square feet of office space in the Financial District.