New York
Garment District Office Tower Close to Full Occupancy
In a deal brokered by the Kaufman Organization and Adams & Co., Shanghai Shenda America recently inked a 12,015-square-foot, full-floor lease at 550 Seventh Ave., following showroom expansion plans.
HFF Closes $82M Recapitalization of MOB Portfolio
The company acted on behalf of TRITEC Real Estate, which developed the Long Island business park, totaling more than one million square feet, over a period of twenty years.
Cyrus Capital Inks 23 KSF at Park Avenue Tower
The company will move to the recently remodeled 65 E. 55th St., with Equity Office going an extra mile with further built-to-suit plans.
Terreno Adds 126 KSF Industrial Asset to Its NJ Portfolio
Terreno Realty Corp. recently acquired an industrial building that currently serves as corporate headquarters for DermaRite Industries LLC. The asset traded at a 5.3 percent cap rate.
William Street Office Tower Lands $40M Refi
Capital One originated the transaction for New York City’s 161 William St. The building’s anchor tenant is long-term occupier Pace University.
PetSmart to Open New Store in NYC
In a deal brokered by RKF, the international pet retailer settled for a 16,280-square-foot ground floor lease at the 10 Madison Square West.
AFIAA Inks First Lease at 125 W. 25th St.
In a deal brokered by JLL, Mohawk Carpet Distribution Inc. leased 11,859 square feet at the freshly refurbished New York City office building.
Appear Here Takes a Bite of the Big Apple
A London-based online marketplace specialized in short-term retail rental spaces has selected New York City to begin its expansion into the U.S. market.
One Vanderbilt Reaches Construction Milestones
Designed by Kohn Pedersen Fox Associates, the tower will encompass an entire city block, bounded by Madison and Vanderbilt avenues to the west and east, and East 43rd and East 42nd streets to the north and south.
New Lobbies, Leases for Davis Marcus CT Assets
Cushman & Wakefield was tapped to market a pair of office buildings totaling 263,500 square feet. The Wilton and Norwalk Class A structures were recently refurbished and feature new lobbies, fitness centers and landscaped gardens.