LIC lab venture secures $156M construction loan
ACORE Capital funded the loan in a deal brokered by JLL for King Street Properties, GFP Real Estate and funds managed by The Carlyle Group
Tag : JLL
SELLING POINTS: TF Cornerstone enters PA with landmark acquisition
● CBREApartment investor makes $90M push into CT market CBRE announced the $90 million sale of Infinity at Harbor Point, a 242-unit highrise luxury apartment community located in Stamford, CT. The CBRE team of Jeffrey Dunne, Gene Pride, Jeremy Neuer, David Gavin, Steven Bardsley, Travis Langer, and Stuart MacKenzie represented an...
SELLING POINTS: Innovo pays $54M for Bronx warehouse
● PINNACLE REALTYInnovo pays $54M for Bronx warehouse Innovo Property Group (IPG), a real estate investment and operating company founded by Andrew Chung and backed by Nan Fung Group, announced the closing of 511 Barry Street for $54.25 million. Granite Point Mortgage Trust Inc., a Pine River Capital managed company, funded...
LargaVista looks on Sunnyside as JLL takes on Gaseteria
Second-generation real estate company LargaVista has tapped JLL to lease The Gaseteria Building in Long Island City. The firm will provide a full range of marketing and leasing services for the Class A, 66,472-square-foot building located at 30-10 41st Avenue,. Justin Haber, executive vice president, and Brett Harvey, vice president,...
Marx Realty nearing full occupancy repositioned 10 Grand Central
Marx Realty (MNPP) announced that content targeting company ZEFR signed a 15,000 s/f 10-year lease on the 13th floor at 10 Grand Central, relocating from 292 Madison Ave. On the heels of signing data onboarding service Crux Informatics, insurance giant MassMutual and Agence France-Presse, 10 Grand Central continues to attract...
Target taking Tishmanʼs Times Square store
Tishman Realty’s E*Walk entertainment and experiential retail complex in Times Square has executed a lease with Target Corporation for a new 33,000 s/f store. The planned store will be the next component of Tishman’s recently launched $60 million capital improvement plan for E*Walk. “E*Walk is a prime location for retailers...
Amazon taking 300,000 s/f at SL Green development
New office at redeveloped 410 10th Avenue will house more than 1,500 employees from consumer and advertising teams
MFA signs 100,000 s/f lease at 1251 Ave. of Americas
Akerman will occupy the entire 37th and 38th floors and partial 35th floor of MFA's flagship tower.
SELLING POINTS: Masons buy College of New Rochelle at auction for $32M
● ACKMAN ZIFF INVESTMENT SALESGowanus Rezone area site sells for close to $30M, will be redeveloped Avery Hall Investments has acquired a development site in Gowanus, Brooklyn for $29,750,000. Ackman Ziff Investment Sales announced the closing on the sale of the property which is a blockfront,19,000 s/f lot located on 4th...
SELLING POINTS: GFI sells Bronx apt. building for $11.525M
● SVN Self-storage giant doubles down in Westchester SVN Commercial Realty has closed on the $22.35 million sale of two Westchester self storage facilities to a “top 20 self storage operator.” 410 Clairmont Avenue in Thornwood, NY, is a recently redeveloped three-story, 55,000 s/f self storage facility. The seller was a...