New York
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office for October 2017 in New York City.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail for October 2017 in New York City.
Surprisingly Strong 2017 for Manhattan’s Office Market
Despite initial doubt, 2017 turned out to be a record year for the office sector, noted Cushman & Wakefield’s Louis D’Avanzo. He discussed his expectations for the upcoming year, as a wave of new supply is set to hit the market.
NJ Retail Center Welcomes New Tenant
Goldfish Swim School will occupy 8,100 square feet at the Eastman Cos.-owned The Shoppes at the Livingston Circle in Livingston, N.J., which added multiple new tenants over the past few months.
C&W Tapped to Lease NJ Office Portfolio
Onyx Equities and Garrison Investments appointed the firm as leasing manager for a recently purchased four-building office portfolio located in Bergen County, N.J.
LG Signs 410 KSF New Jersey Industrial Lease
The building is situated on approximately 28 acres and boasts a number of sought-after industrial features. CBRE represented the owner in the transaction and LG Electronics was represented by JLL.
Two Timber Buildings Break Ground in Brooklyn
Flank is building New York’s first timber buildings in more than one hundred years, following a new trend of mass timber office construction.
NY-Area Retail Centers Land $663M Refi
The refinanced portfolio comprises 98.1 percent leased retail centers anchored by grocery stores, including ShopRite, Aldi, Home Depot and more. The loans include 14 fixed- and two floating-rate facilities with terms ranging from seven to 13 years.
CBRE Wins $200M Contract for NY Public Library Revamp
Architecture firms Mecanoo and Beyer Blinder Belle are behind the project design. Upgrades will make way for a five-story wall of book stacks, new meeting rooms, 17,000 square feet of reading and study space and more.
AEW Sells NJ Industrial Complex for $53M
A partnership bought the four-building asset in Pine Brook, N.J. The 530,000-square-foot property is 60 percent leased to tenants including Samsung Electronics and Pitney Bowes.