SL Green Secures NYC’s 373 KSF Lease Renewal, Refinances Property for $230M
The city of New York has decided to stay put in in its 372,500-square-foot home at 100 Church St. in Manhattan, at the same time that building owner SL Green Realty Corp. refinanced the 1 million-square-foot property to the tune of $230 million.
Tanger, Gordon Group Plan Upscale Outlet Center at Connecticut Casino Complex
Taking a cue from Las Vegas, Tanger Outlets Foxwoods will link the 312,000-square-foot center to two hotels at Foxwoods Resort Casino, the largest of its kind in the United States by gaming square footage.
Ventas Sells 12 Seniors Communities to Assisted Living Concepts for $100M
The transaction resolves recent litigation between the two companies and also severs the ties between them.
Manufacturing Update: Taking Stock
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Employment Improvement
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
2012 Leading Commercial Investors
Be sure to tune in to our Power Index Podcast to hear about trends in commercial investment.
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