Newmark Knight Frank
Empire State Inks 108 KSF Lease at 1400 Broadway
The company secured international law firm Fragomen, Del Rey, Bernsen & Loewy to lease floors eight through 10 at the iconic 37-story high-rise. Members of NKF represented both Fragomen and the landlord.
Monday Properties Hires New SVP
Wes Machowsky is the firm’s newest senior vice president of acquisitions, bringing vast real estate capital markets and leasing experience to the position.
Orange County Business Campus Trades for $106M
Greenlaw Partners and Westbrook Partners acquired Centerpointe La Palma, a 10-building, 525,560-square-foot business park in La Palma, Ca. At the time of sale, the asset was 89 percent leased.
NKF Brokers Sale of South LA Office Building
Miramar Property Group acquired a 75,711-square-foot property in Torrance, Calif., from Continental Development Corp. The asset is fully leased to Unify Financial Credit Union.
Times Square Office Tower Gets 2 New Tenants
Knotel and Poke Signature will occupy office and retail space, respectively, at the 20-story 9 Times Square, which was recently repositioned by owner American Realty Capital New York City REIT.
Santander Bank Building in Cambridge Trades for $30M
The transit-proximate property was constructed in 1928 and is surrounded by 20 million of square feet of office and laboratory space.
Anchor Health Acquires $23M MOB
The company purchased the 71,401-square-foot Cross Street Medical Center in Norwalk, Conn. Newmark Knight Frank represented the seller, Marcus Partners, in the transaction.
BGC Acquires Berkeley Point, Minority Stake in New CRE Biz
The company and its affiliate Cantor Fitzgerald paid $875 million to purchase the capital solutions provider, and invested an additional $100 million in finance and investment business CF Real Estate Finance Holdings LP.
Newmark Knight Frank to Buy 6 IRR Offices
This acquisition will continue an expansion of the company’s valuation & advisory practice that has been ongoing for at least a year.
San Francisco Historic Office Building Changes Hands
The Swig Co. and Medley Partners sold the 89,904-square-foot office building at 901 Battery St., which recently underwent a $5.4 million renovation.