SELLING POINTS: DSA buys $47M apartment building
Roundup of this week's middle market sales and exclusives
Tag : JLL
ON THE SCENE: B6 Real Estate Advisors retained as exclusive agents for auction sale of 753 9th Avenue
AGENTS Ariel Property Advisors has been retained to sell a collection of 10 mixed-use and multifamily properties located in Belmont, Highbridge, Foxhurst and the South Bronx. The collective asking price for The Bronx buildings, which are being offered as packages and stand-alone assets, is $33.25 million. Jason M. Gold, Daniel Mahfar, Victor...
Shorenstein closes on $350M loan for 1407 Broadway
JLL Capital Markets arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million-square-foot office building. The group worked on behalf of Shorenstein Properties LLC to place the five-year loan with Barclays. Located on Broadway between 38th and 39th Streets, 1407 Broadway sits at...
JLL arranges $181M for Taconic, Nuveen redevelopment
JLL Capital Markets experts arranged a $181 million loan to finance the redevelopment of West End Campus, a portfolio of two buildings totaling 484,774 s/f and a parcel of land containing 105,575 s/f of development rights. JLL worked on behalf of Taconic Investment Partners LLC and Nuveen Real Estate to...
LEASES: Avison Young announces over 45,700 s/f of leasing
NEW YORK Food Network star and Iron Chef Masaharu Morimoto’s management arm, Morimoto Management, has signed a new lease to expand its presence at 110 West 40th Street in the Garment District by 3,000 s/f. The firm will utilize part of the second for general and executive offices David Levy and Brett...
ON THE SCENE: Cushman & Wakefield retained to sell 2883 Miles Avenue in Throggs Neck
AGENTS Cushman & Wakefield has been retained to sell 2883 Miles Avenue, a 9,200 s/f industrial building in Throggs Neck. A team consisting of Jonathan Squires, Josh Neustadter, Michael Fioravanti, Addison Berniker and Shayne Soltan is leading the marketing efforts on behalf of the property’s seller. The single-story warehouse space is located on the northwest...
PR firm joins big names at new-look Nomad Tower
MWWPR is the fourth tenant to sign a major lease at the building under the ownership of Global Holdings, which purchased the property in 2016.
WKO welcomes WeWork to 437 Madison
The coworking giant will replace Omnicom in the building when its lease expires next year.
Data company joins roster at 375 Park Avenue
Marx Realty (MNPP) announced that data operations and delivery firm Crux Informatics has signed a full-floor, 18,000 s/f seven-year lease on the 18th floor at 10 Grand Central. The company is relocating from the Seagram Building at 375 Park Ave. Marx Realty has signed 178,000 s/ft of new leases since...
Square Mile funds $165M LA loan
The financing was arranged by the JLL Capital Markets team