Northeast
JLL Brokers 110 KSF Deal of Office Space on Manhattan’s Third Avenue
The busy transactions in the Manhattan commercial market continue as JLL signs 110,000 square feet on Third Avenue for Cerberus Capital Management.
Cassidy Turley Orchestrates $54.4M Financing Deal for UFT Headquarters
Cassidy Turley went to bat for the United Federation of Teachers and hit a home run with the arrangement of $54.4 million of financing for the union’s headquarters at 50 Broadway in Manhattan.
Savanna Signs 60 KSF New Leases on 40th Street in Manhattan
Savanna announced the signing of more than 60,000 square feet of new leases at 104 West 40th Street, representing nearly 30 percent of the building’s 210,000-square-foot capacity.
JLL Brokers $190M Baltimore-Based Multi-Family Sale to Harbor Group
Monday, Jones Lang LaSalle announced the completion of the sale of six multi-family properties in Baltimore, with Harbor Group International purchasing the 1,984-unit portfolio for $190.1 million.
Strategic Hotels’ Refi Frenzy Continues with $130M Loan on Four Seasons D.C.
Strategic just closed a $130 million limited-recourse loan secured by the premier 222-room property in D.C.’s upscale Georgetown neighborhood.
Host Hotels to Purchase the Grand Hyatt Washington, D.C., for $442M
Host Hotels & Resorts Inc. is on track to acquire the Grand Hyatt Washington, D.C., for $442 million in what will be one of the largest hotel transactions in the metropolitan area so far this year.
Invesco Secures $72.8M Loan Through ING
The loan money is once again flowing. On Thursday, ING Real Estate Finance announced the closing of a $72.8 million term loan with Invesco Real Estate.
Oppenheimer to Take 270,000 SF at Manhattan’s 85 Broad
The Manhattan deals keep on coming. On Monday, Oppenheimer & Co. Inc. announced that it inked a lease to occupy seven floors over 270,000 square feet at 85 Broad Street in lower Manhattan.
400 KSF Falls Church Corporate Center Sells for $86M
The Falls Church Corporate Center, on the edge of the Washington, D.C., area, just sold in an $86 million deal brokered by Transwestern.
Empire State Building Keeps Getting Greener
After undergoing a retrofit initiative in 2009, the tallest building in New York City has achieved Energy Star certification for 2010, its second year in a row.