New York
HSR Corp. Lands $58M for Manhattan Office Building
Morgan Stanley provided the fixed-rate loan.
Olayan Group Inks 144 KSF HQ Lease in Manhattan
The space was the borough’s highest-priced listing as of May, according to CommercialEdge.
Servicing, Defaults Dominate CREFC Discussion
The rapid increase in interest rates has left the commercial mortgage market to deal with fallout, said panelists at the CRE Finance Council’s Annual Conference in New York City.
KPG Funds Secures $50M for Manhattan Office Building
Sabal Investment Holdings and GDS Brightstar provided the financing.
Montecito Medical Makes 1st New Jersey Acquisition
The Silverman Group sold the two assets for $40.5 million.
Innovo Property Group Lands $354M for Queens Industrial Project
Goldman Sachs provided part of the equity financing.
Pentaurus Acquires New Jersey Office Campus
Morristown Plaza traded almost fully occupied.
AEW Capital JV Lands Recording Studio as NYC Tenant
Arcade Songs signed a 12-year lease in Lower Manhattan.
Rudin Inks 46 KSF at Times Square Tower
Since late 2001, the owner has secured more than 430,000 square feet in leases at the property.
Bridge Industrial Lands $64M for Newark Spec Project
The Class A distribution center will rise near the Port of New York and New Jersey.