Deals
Vornado Completes $500M NYC Refi
The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It’s the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.
TA Realty Sells $202M Mid-Atlantic Industrial Portfolio
The properties are situated within the states of Maryland and Delaware. The company worked on behalf of Realty Associates Fund VIII and Realty Associates Fund X.
Blackstone Buys Clarion Events
Established in 1947, the London-based event organizer boasts roughly 950 employees in 13 offices across the globe. The transaction includes an option for Clarion to reinvest part of the disposition proceeds into the events company.
CBRE to Manage, Lease Miami Beach Asset
The mixed-use building recently changed hands, with CBRE Global Investors and Universal-Investment purchasing the property on behalf of Bayerische Versorgungskammer.
CBRE Brokers Sale of Miami Lakes Retail Center
Anchored by Office Depot, the property is 98 percent leased to a variety of tenants including TD Bank and Chick-Fil-A.
Opa-Locka Flea Market Trades in $80M Deal
The new owner signed a long-term lease with RER Outdoor Marketplace, which will operate the property and implement a series of upgrades at the flea market.
DTLA’s South Park by Windsor Retail is Fully Leased
Kennedy Wilson arranged three 10-year leases totaling more than 12,500 square feet for the ground-floor retail space of the mixed-use high-rise.
Toy Manufacturer Opens 1 MSF Facility in Pennsylvania
Mattel Inc. partnered with Ryder System Inc. in managing and staffing the distribution center. The facility is fully operational.
JLL Arranges Industrial Lease in Houston
JLL’s Mark Nicholas, Richard Quarles and Joe Berwick worked on behalf of the landlord, Schroeder Partnership, in the lease negotiations.
Stream Realty Partners Sells Retail Center in Pearland, TX
The commercial real estate firm sold The Center at Pearland Parkway I. The property is fully leased to national tenants including Ross Dress for Less and T.J. Maxx.