Tag : JLL

RXR secures $97M from Bank OZK for Atlantic Station
Debt & Equity

RXR secures $97M from Bank OZK for Atlantic Station

REW
by REW2043
RXR Realty has secured $97.5 million through Bank OZK to fund construction of the second phase of it Atlantic Station development in Stamford, CT. JLL arranged the floating rate construction loan for the luxury mixed-use residential and retail property’s next phase. Already 325 luxury rental units along with 321 on-site,...
LEASES: The Kaufman Organization leases 7,500 s/f Kaufman’s 236 Fifth Avenue
Leases

LEASES: The Kaufman Organization leases 7,500 s/f Kaufman’s 236 Fifth Avenue

REW
by REW3901
NEW YORK The Hudson Companies Inc. announced the signing of a 6,890 s/f lease with design firm Doberman at The Breeze, a newly renovated, 100,000 s/f creative class office building at 315 Meserole Street in East Williamsburg, Brooklyn. Ben Waller of ABS Partners Real Estate represented the Hudson Companies and Elizabeth Juviler of Rice & Associates LLC represented...
Hampshire venture banks $20M for Jersey project
Debt & Equity

Hampshire venture banks $20M for Jersey project

REW
by REW1149
JLL announces it has arranged $19.88 million in financing for the development of 34 Bank, a 126-unit, transit-oriented apartment property located in Netcong, Morris County, New Jersey. JLL worked on behalf of the borrower, a joint venture between CrownPoint Group, The Hampshire Companies and Circle Squared Alternative Investments, to secure...
Deals & Dealmakers

SELLING POINTS: JLL arranges sale of Midtown West hotel, secures financing

REW
by REW2631
● SHOPONE CENTERS REIT ShopOne offloads 9 midwest shopping centers, plans to buy in other markets ShopOne Centers REIT, an owner and operator of grocery-anchored shopping centers, has sold nine properties located through the Midwest to Albanese Cormier Holdings. The nine property portfolio was held through an affiliated entity. The purchase...
Deals & DealmakersDebt & Equity

HSP secures $53M bridge loan for Penn Plaza office

REW
by REW2054
JLL arranged a $53 million bridge loan for Chelsea Square, a 113,629 s/f boutique office property in the Penn Plaza submarket of Manhattan. JLL worked on behalf of the borrower, HSP Real Estate Group, to secure the three-year financing through Ladder Capital. Chelsea Square is located at 251 West 30th...
Leases

Engineers relocate to repositioned property

REW
by REW1699
JLL has completed a new transaction for Bohler Engineering at 30 Independence Boulevard in Warren, NJ, with building owner Griffin Capital Essential Asset REIT II Inc. The engineering firm leased 35,056 s/f of at the Class A, 207,252 s/f office building. Bohler was represented by Scott Lesh, managing director; Scott...
LEASES: JLL has completed leases, totaling 24,228 s/f of space
Leases

LEASES: JLL has completed leases, totaling 24,228 s/f of space

REW
by REW3280
NEW YORK An importer and manufacturer of food service equipment and cookware is relocating from the Flushing section of Queens to one of BEB Capital’s commercial buildings on Harbor Park Drive in Long Island. Amko Trading Corp. has taken nearly 15,000 s/f of office and warehouse space at 26 Harbor...
Deals & Dealmakers

ON THE SCENE:

REW
by REW3180
AGENTS Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of six new office condominium units on the 4th to 6th floors of 100 East Broadway (total of 15,493 s/f), a newly constructed 14-story, 50,000 s/f retail and office condominium building on the Lower East Side/Chinatown. Michael...