ON THE SCENE: Latest middle market sales
CBRE announced the following sales: • A vacant flex office/industrial property located at 141 Danbury Road in Wilton, CT. A joint venture of Fuller Development
Category : Deals & Dealmakers
Commercial sales and leases are the lifeblood of the city’s retail and office markets, and the men and women who close the deals represent the most powerful entities in the world.
Jersey distribution center sold for $22M
Woodmont Industrial Partners has sold a newly-built distribution center in Woodbridge, NJ, to Denver-based EverWest Real Estate Investors for a reported $22.5 million. The developer
Birch Group buys $47M Princeton office portfolio
The Birch Group announced the $47.3 million acquisition of 600 and 700 Alexander Park, a two-building portfolio in Princeton, N.J. Led by CEO and founder
Independence, Steadfast merge to create $7B Sunbelt multifamily portfolio
Independence Realty Trust and Steadfast Apartment REIT have entered into a definitive merger agreement under which STAR will merge into IRT, with IRT surviving as
CBRE to acquire $1.3B stake in Turner & Townsend
CBRE Group and Turner & Townsend Holdings Limited today announced an agreement whereby CBRE will acquire a 60 percent ownership interest in, and enter into
Shorenstein sells CA office complex for $146M
Shorenstein Properties has sold a California office property for $146 million. Newmark brokered the sale of Sorrento Towers, a 296,327 s/fClass A office complex in
Fairstead rides LIHTC program into Kentucky
New York-based Fairstead has closed on the $16.5 million acquisition of a 200-unit affordable housing property in Covington, Kentucky. The company secured $26 million in
Executive search firm takes 18,000 s/f at 441 Ninth Ave.
CBRE announced that True, the fastest-growing global platform of talent management products and services, is expanding its footprint with a New York presence at Cove
WHO’S NEWS: Latest appointments & promotions
Tulfra Real Estate principals S. Lloyd Tulp and Salvatore V. Frassetto announced the appointment of Sonny Jumani as president and CEO of the firm. Tulp
SL Green sells share of News Building for $790M
SL Green, Manhattan’s largest office landlord, has sold a 49 percent interest in 220 East 42nd Street to a real estate fund managed by Meritz