Tag : ivanhoe cambridge

Ivanhoé Cambridge Makes First Investment in Self Storage Alongside Strategic Partners 
Deals & Dealmakers

Ivanhoé Cambridge Makes First Investment in Self Storage Alongside Strategic Partners 

REW
Ivanhoé Cambridge, a global real estate industry leader, is pleased to announce its new strategic partnership with Safely Store Self Storage (“Safely Store”), targeting the self storage sector in the United States, marking its first entry into this alternative industrial asset class. Safely Store is a self storage dedicated investment...
Avison Young named exclusive leasing agent for Lower Manhattan’s 85 Broad Street
Deals & Dealmakers

Avison Young named exclusive leasing agent for Lower Manhattan’s 85 Broad Street

REW
Avison Young has been named the exclusive leasing agent for 85 Broad Street, a 1.1 million-square-foot, 30-story, class-A office building in New York’s Lower Manhattan. The building is owned by Ivanhoe Cambridge and a vital part of the Stone Street Historic District with its restaurants, taverns, and retail offerings. Representing...
CafeMedia moving to 1411 Broadway
Deals & DealmakersLeases

CafeMedia moving to 1411 Broadway

REW
JLL has completed a new transaction for ad management firm CafeMedia at 1411 Broadway with building owner Ivanhoe Cambridge. The leading digital media company inked a lease for 25,261 s/f at the 1.13 million-s/f office building. The tenant, CafeMedia, was represented by Alexander Chudnoff, vice chairman; Dan Turkewitz, managing director;...
WeWork launches $2.9B investment platform
Deals & Dealmakers

WeWork launches $2.9B investment platform

REW
The We Company has launched its own real estate acquisition and management platform. Called ARK, it builds on the company’s WeWork Property Advisors, an investment advisor affiliated with The We Company and Rhône Group and will combine with ARK as part of the launch. ARK will focus on acquiring, developing...
Ivanhoe Cambridge partners with Callahan to buy 85 Broad for $650M
Deals & DealmakersFeatured

Ivanhoe Cambridge partners with Callahan to buy 85 Broad for $650M

REW
Ivanhoe Cambridge and Callahan Capital Properties have acquired 85 Broad Street for $650 million, or about $580 per s/f. The property is a 1.1 million s/f office tower occupying a full block between South Williams and Pearl Street in Lower Manhattan. The two firms acquired the property from a joint...
Chinese favorite DaDong to open first US restaurant at 3 Bryant Park
Retail

Chinese favorite DaDong to open first US restaurant at 3 Bryant Park

REW
Upscale Chinese restaurant DaDong has signed a lease for 12,932 s/f on the second and third floors of the retail Cubes at 3 Bryant Park. Ivanhoé Cambridge and Callahan Capital Properties announced the deal today (Tuesday). Led by Chef Dong Zhenxiang, one of the top chefs in China, the location will be the first DaDong...
Blackstone, Ivanhoe Cambridge take ownership of Stuy Town
Deals & DealmakersFeaturedMergers and Acquisitions

Blackstone, Ivanhoe Cambridge take ownership of Stuy Town

REW
By Sabina Mollot On Friday, Blackstone and Ivanhoé Cambridge announced that they closed on the $5.3 billion deal to purchase Stuyvesant Town and Peter Cooper Village. This means that the companies have assumed ownership and CWCapital, the special servicer since 2010, no longer has any ownership interests in the property....