Northeast
SL Green, Vornado Snag $1.2B Refi for Manhattan Tower
The new loan on the 280 Park Ave. office building, now 97 percent leased following its emergence from a sweeping $150 million renovation, replaces the $900 million refinancing secured in 2016.
Kimmerle Group Boosts Multigenerational Leadership
Robert Kimmerle, son of company founder & president George Kimmerle, has returned to the firm as chief financial officer. He brings more than a decade of experience in financial management and will focus on providing financial and consultative support.
SSGT Invests in Massachusetts
The 840-unit self-storage facility in Nantucket is 91 percent leased and is one of a host of assets the REIT has snapped up across the U.S. this year.
Informa Consolidates NYC Offices in Midtown
Fisher Brothers will welcome the events and publishing company to 605 Third Ave., a recently renovated Class A office tower. The firm plans to occupy three floors by the first quarter of 2018.
CBRE Hires New SVP in NJ
Jonathan Meisel will bring more than 30 years of experience in commercial real estate to his new role. Prior to joining the firm, he held senior-level positions at both JLL and Cushman & Wakefield.
Fully Leased NJ Industrial Asset Nabs $15M Financing
Arranged by Cushman & Wakefield, the loan was used for Camber Real Estate Partners and Advance Realty’s acquisition of a distribution center in Paterson, N.J.
Full House at Suburban NJ Shopping Center
Key Properties LLC signed three new leases at the recently developed Hanover Crossroads in Cedar Knolls, N.J., bringing the asset to full occupancy.
C&W Appoints New Executive Director
Industry veteran Tom O’Regan returned to the company after several years in executive roles at JLL and Richards Barry Joyce Partners.
Scarborough Manor Equipped With New Solar System
The solar installation is projected to cover 25 percent of the cooperative’s electrical needs and is now one of the largest residential solar energy systems in New York’s Westchester County.
Goodman Preleases 1 MSF at PA Logistics Center
syncreon signed a seven-year lease to occupy one of the two industrial facilities at the Goodman Logistics Center Carlisle. The move is scheduled for early 2018.