Tag : JLL

Deals & Dealmakers

New tech media co. leases two floors at 261 Fifth Ave.

REW
by REW1200
Media iQ Digital, a global analytics and technology company, has leased more than 23,000 s/f comprising the entire 25th and 26th floors of the landmarked 261 Fifth Avenue, announced building owner and manager, The Feil Organization. The asking price for the 10-year lease was $85 psf. Relocating from 8,013 s/f...
New development draws more $100 psf-plus deals
Deals & DealmakersFeatured

New development draws more $100 psf-plus deals

REW
by REW1123
The number of $100 per square feet or higher deals dropped in 2017, but the overall volume of luxury office space leased in Manhattan last year increased by 25 percent, according to a new report by JLL. According to JLL’s 2017 Hedge Fund Activity Report, 102 transactions were signed with...
Deals & Dealmakers

JLL completes 5th Ave. deal for Stawski Partners

REW
by REW1295
JLL has completed a new transaction for building owner Stawski Partners at 579 Fifth Avenue with Eleven James Inc. The annual membership club for luxury timepieces signed a full-floor lease for 11,108 s/f at the Class A, 150,000 s/f commercial office building. The building owner was represented in the transaction...
Lincoln Equities Group taps JLL for Long Island industrial leasing assignment
Deals & Dealmakers

Lincoln Equities Group taps JLL for Long Island industrial leasing assignment

REW
by REW1272
JLL was selected by Lincoln Equities Group LLC as the exclusive leasing agent for a new industrial building expected to break ground on Long Island in 2018. The developer will construct a 195,000 s/f warehouse and distribution facility at 344 Duffy Avenue in Hicksville, N.Y. It is expected to be...
Debt & Equity

Tail wags the dog as JLL secures $96M loan for Taconic, Cohen partnership

REW
by REW1265
JLL’s Capital Markets experts announced the firm secured $96 million on behalf of a partnership between Taconic Capital Advisors and Cohen Equities. The financing package, which was provided by Deutsche Bank and Square Mile, will be used for the acquisition and rehabilitation of 801 Market Street, a 695,130 s/f office...
Blackstone to put Five Bryant Park back on market after signing new tenants
FeaturedOffice Market

Blackstone to put Five Bryant Park back on market after signing new tenants

REW
by REW1618
Blackstone Group is preparing to put Five Bryant Park back on the market. After testing the waters last summer, the investment firm is ready to once again seek a buyer for the 682,000 s/f trophy, also known as 1065 Avenue of the Americas. Paula Chirhart, Blackstone’s vice president of external...
Fintech giant Finastra expanding into 285 Madison penthouse
Deals & Dealmakers

Fintech giant Finastra expanding into 285 Madison penthouse

REW
by REW1900
RFR Realty LLC  announced that global financial technology provider Finastra – created when Misys and D+H joined forces in June this year – has expanded into the 11,275 s/f  full-floor penthouse at 285 Madison Avenue. Finastra already occupies 23,500 s/f on the fourth floor of the newly repositioned office tower...
CL Investment launches leasing campaign at 287 Park Avenue
Deals & DealmakersFeatured

CL Investment launches leasing campaign at 287 Park Avenue

REW
by REW2714
CL Investment Group, a global real estate investment leader, has launched leasing at 287 Park Avenue South, the nine-story, 121,059 s/f Gramercy Park office building The Chinese company is gutting the former United Charities Building to cater to tech and creative firms flocking to the midtown south market. CL Investment had...