Northeast
JV Obtains Mezzanine Loan for Brooklyn Project
Bluestone Group has provided $8 million in financing for the mixed-use property that Cornell Realty Management and LIVWRK are co-developing in Williamsburg.
Discovery Labs Plans $500M Philly-Area Coworking Campus
Newly established by MLP Ventures, the platform company will redevelop two campuses in King of Prussia into a 1.6 million-square-foot ecosystem for health-care, life sciences and technology-enabled businesses.
New York Times Building Welcomes New Tenant
Global creative company Tag has signed a 31,000-square-foot lease at the iconic Manhattan building, and will utilize the space as its American headquarters.
Waterman Interests, USAA Real Estate Sell NYC Towers for $138M
The partners owned the two office buildings in Manhattan’s Midtown West neighborhood for four years. Qatar-based Alduwaliya is the new owner of the nearly fully leased assets.
Shaner Hotels JV Breaks Ground on 108-Key PA Project
The company has partnered with Paul Risk Construction to develop a five-story Fairfield by Marriott in Mechanicsburg, its 15th property in Pennsylvania.
Pilot Expands Into Brooklyn Data Center
The network and internet service provider has established a new Point of Presence at ColocationGuard’s flagship data center located within Industry City.
CenterPoint Expands NJ Manufacturing Building
The developer broke ground on its first vertical construction project in the state, a 73,000-square-foot expansion of a facility in Somerset.
NYC Asset Lands $900M Refinancing
Stellar Management secured the financing for One Soho Square, a Class A office and retail asset in Manhattan the company purchased in 2012.
All Eyes on Brooklyn’s Tech Surge
GFI Realty‘s Justin Fitzsimmons takes a deep dive into the connection between the borough’s real estate sector and the recent influx of tech firms.
NJ Power Center Lands $47M Refi
JPMorgan Chase provided Sun Equity Partners the loan for Greenleaf at Howell, a 343,354-square-foot shopping center in Howell that the company acquired six years ago.