Finance
Financing Arranged for Brooklyn Office Building
Meadow Partners used the $50.2 million loan to acquire and renovate the six-story property at 57 Willoughby St.
JLL Acquires 41KSF Warehouse in San Francisco Bay Area
The fully leased property is part of Pinole Point Distribution Center, which is located near major interstate highways, the Port of Oakland International Airport and the entire San Francisco Bay Area.
CJ Partners Acquires $14M Mixed-Use Facility in Hollywood, FL
Levy Realty Advisors represented the buyer in the purchase of 81,922-square-foot office/warehouse facility located in Port 95 Commerce Park.
Jacksonville REIT Pays $92M for Orlando Shopping Center
CBRE arranged the sale of the Publix-anchored retail complex on Restaurant Row corridor.
NYC Garment District Office Property Commands $108M
ATCO Properties & Management acquired the 18-story Class A office building from the RPW Group.
$90M Construction Financing Earmarked For NYC Office Building
Vornado Realty Trust and Aurora Capital Associates have a 20-year lease agreement with Starbucks to open its largest location yet at the new Midtown South property.
Vornado Disposes of Skyline Properties in Virginia
The transaction continues the REIT’s strategy of selling off its lower-performing Washington, D.C.-area properties.
$71M Earmarked for Manhattan Office Acquisition
NGKF Capital Markets closed on $71 million in financing for the property through a senior loan from Metlife.
New U.S. Industrial Fund to Spend $1.5 Billion
GLP US Incomes Partners III will be seeded with a $1.1 billion portfolio from Hillwood.
New York REIT Lands $760M Financing, Prepares to Sell Assets
The proceeds will be used to repay debt, buy the remaining equity interest in Worldwide Plaza and fund the company’s dissolution.