News
Bank of Montreal Unit Takes 215 KSF at Durst Tower
The real estate owner signed financial services provider BMO Capital Markets to a 15-year lease at its One Five One office property in Midtown.
South FL Industrial Properties Ink 90 KSF in Leases
Sonny’s Enterprises and MRC Express Inc. have expanded, renewed and signed new lease transactions totaling 89,520 square feet in Broward County. Avison Young negotiated both leases on behalf of the tenants.
Europe’s Coworking Sector Continues to Blossom
Cushman & Wakefield’s latest Hotspot Index examines 40 European cities in its forecast of where the flexible workspace trend will next take hold.
Silicon Valley Hilton Hotel Sells for $59M
Somera Capital Management and Tyler Development Corp. picked up the 169-key property at The Pruneyard, a 27-acre mixed-use development in Campbell, Calif.
Velocis Sells Scottsdale Office Building for $53M
During its four-year ownership, the seller implemented a capital improvement program to reposition Camelback Square by upgrading the corridors and elevator lobby and adding a new conference center.
Cayuga Capital Secures $22M for Brooklyn Retail Conversion
The landlord has already locked down a long-term tenant for the entire building—California-based Vital Climbing Gym will open its first East Coast location in April 2020.
Healthcare Realty Trust Acquires 2 MOBs for $46M
The properties, which together total 158,338 square feet, are located on the Inova Fair Oaks Hospital campus in Fairfax, Va.
Rockefeller JV Sells More Than 1 MSF at New Jersey Park
Cushman & Wakefield arranged the disposition of two industrial buildings—both fully leased to credit tenants—at Rockefeller Group Logistics Center in Piscataway, N.J.
JLL Secures $67M for Downtown Manhattan Mixed-Use
Developers East End Capital and K Property Group are moving forward with construction of the 63,000-square-foot office and retail property, with financing from Capital Source and Canyon Partners Real Estate.
HFF Brokers $8M Industrial Sale in NJ
The team of Jose Cruz, Kevin O’Hearn, Steve Simonelli, Michael Oliver, Jordan Avanzato, Marc Duval and J.B. Bruno facilitated the deal on behalf of the seller.