Northeast
Manhattan Office Vacancy Decreased in Q2
Second-quarter findings point toward a possible road to recovery.
Advance Realty, Greek Development Land $227M for Major NJ Projects
Wells Fargo originated the loans, which were arranged by Cushman & Wakefield.
Innovo Property Group Lands $435M for NYC Warehouse
Starwood Property Trust and J.P. Morgan provided the refinancing loan for the multistory industrial project.
Rockefeller Group to Develop Long Island Industrial Asset
JLL Capital Markets is leasing the property, while Aurora Contractors is the general contractor.
Birch Group JV Buys Office Campus for $70M
This purchase brings the firm’s New Jersey portfolio to 3.3 million square feet.
Howard Hughes Lands Fashion Designer’s Global HQ
An historic Lower Manhattan building will be the tenant’s new home.
Empire State Realty Tenant Expands to 141 KSF
A fintech firm has added space at this Manhattan tower four times in five years.
Rialto Capital JV Closes $105M Manhattan Acquisition
Newmark arranged a $175 million financing and equity package.
Manhattan Office Deals Pick Up Pace
The NYC borough’s investment volume is up, but prices are now below the $1,000 mark.
Cantor Fitzgerald Pays $132M for NJ Tower
Eastdil Secured facilitated the state’s largest suburban office deal so far this year.