Regions
St. Francis College Takes 255 KSF in Brooklyn
The school will relocate to Tishman Speyer’s recently completed The Wheeler office tower atop Macy’s.
Phase 3 Real Estate Acquires San Mateo Office for $168M
The Class A, 383,123-square-foot office asset was converted to target life science tenants in 2016.
RED Development’s Phoenix Mixed-Use Destination Nears Full Occupancy
The deal marks the downtown area’s largest office lease since the onset of the pandemic.
Hines Global Acquires Amazon Fulfillment Center
The REIT’s acquisition of a nearly 1 million-square-foot property in Jeffersonville, Ind., marks its seventh logistics investment this year.
Paramount Group Plans $250M Manhattan Tower Overhaul
The soon-to-be-vacant property has served as the North American headquarters of Deutsche Bank since 2007.
Canyon Partners Closes $650M Debt Fund
The fund targets senior and subordinate debt investments across all major property types.
NYC Market Update: Development Increases YOY
Pandemic-induced uncertainty didn’t entirely intimidate investors, as the market’s under-construction office stock ticks up, according to CommercialEdge.
W. P. Carey Enhances Portfolio With $170M in Asset Purchases
In separate transactions, the net lease REIT has acquired three industrial facilities and a student housing property.
Staten Island’s Industrial Past Shapes Its Future
Ariel Property Advisors Director John Higgins on factors driving the New York City borough’s elevated growth.
Quantum Shift Looms for Office
What will the market look like on the other side of the pandemic?