New York
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in February 2019 in New York City.
RXR Realty Lands $182M Refi for NYC Asset
The 665,000-square-foot office property, 470 Vanderbilt, is located in the Clinton Hill neighborhood of Brooklyn. Meridian Capital Group arranged the financing.
Google Has Big Plans for NYC
The tech giant plans to double its footprint in Manhattan over the next decade—but it also hasn’t ruled out expanding to the outer boroughs.
Former Toys R Us Headquarters in NJ Changes Hands
The ownership group that acquired the property plans to transform the 621,000-square-foot campus built in 1962 into a multi-use site.
Knotel Expands NYC Footprint With 2 New Locations
The shared space provider signed on for some 20,000 square feet in two neighboring Midtown Manhattan office buildings.
EQ Office Adds Tenant to Wall Street Office Tower
Marketing technology company Contently will relocate its headquarters to a portion of the property’s 13th floor in the third quarter of 2019.
Avison Young Selects New Executive in NYC
The firm promoted 15-year industry veteran David Krasnoff to executive director of the New York Capital Markets Group. He previously served as senior director within the company.
Manhattan Spec Office Gets $40M Construction Loan
HFF arranged the financing for the 10-story, 34,364-square-foot building. Construction is set to begin next month and the property is slated for completion in 2020.
State Farm Insurance Sells NJ Office Asset
The firm sold a five-story, Class A trophy asset in Parsippany to a private buyer. HFF negotiated the deal on behalf of the seller, while Transwestern represented the buyer.