Newmark Knight Frank
Allianz JV Buys Boston Office Tower for $845M
The Munich-based company teamed up with Beacon Capital Partners and the Pension Reserves Investment Management Board to purchase the 1.2 million-square-foot asset.
Industry Veteran Joins NKF
As executive managing director, Jeff Schotz will lead Newmark Knight Frank’s New Jersey Agency Services team, and will report to David Simson.
Knotel Expands San Francisco Presence
The flex office space provider continues its aggressive growth with the signing of three new leases totaling 45,000 square feet in the Bay Area, raising its holdings to nearly 200,000 square feet across 20 locations.
Stanton Road Capital Buys CA Office Campus
Newmark Knight Frank represented the seller, Westcore Properties, in its disposition of The Offices @ Village Business Park, a two-building asset in Buena Park.
NKF Arranges $66M Loan for SF-Area Office Project
With construction financing in place, Acclaim Cos. will push ahead with the development of a 100,000-square-foot spec project in Redwood City, Calif.
Foreign Fund Makes First US Acquisition in NJ
Westwood Properties purchased the suburban office property for $17.2 million. Known as 3 Becker Farm Road, the asset has undergone an extensive capital improvement program.
Signature Bank Expands Manhattan Footprint
The commercial bank added 20,691 square feet to its space at Empire State Realty Trust’s Midtown office tower, bringing its total square footage to 111,872.
JP Morgan, Black Creek Group Form $400M Partnership
The equity commitment by the institutional investors will focus on industrial real estate throughout the U.S., including core, value-add and development opportunities.
Redwood Partners Acquires Metro LA Asset for $61M
Newmark Knight Frank’s Capital Markets team represented the seller, a joint venture between Singerman Real Estate and Ocean West Capital Partners, in its disposition of the Long Beach office building.
Advisory Firm Inks 42 KSF Lease in Manhattan
FOJP Service Corp. will occupy an entire floor at Empire State Realty Trust’s 111 W. 33rd St. office tower. The space will serve as the company’s new headquarters.