Tag : JLL

ICAP takes 82,000 s/f at 4 Times Square
Deals & Dealmakers

ICAP takes 82,000 s/f at 4 Times Square

REW
The Durst Organization announced that ICAP PLC signed a 15 year lease for 82,442 s/f on the 12th and 14th floors of 4 Times Square with an option for an expansion of up to 41,221 s/f on the 15th floor. The 1.8 million square foot building is currently undergoing a...
CRE giants help VTS create management platform for tenant reps
Technology

CRE giants help VTS create management platform for tenant reps

REW
VTS, a leasing and asset management platform, announced the launch of VTS Tenant Rep, a workflow productivity tool built specifically for tenant reps by tenant reps. VTS collaborated with several top tenant rep brokers around the globe, including CBRE, JLL and Cushman and Wakefield, to develop VTS Tenant Rep. Now,...
RXR recapitalizes 61 Broadway amid downtown leasing run
Deals & Dealmakers

RXR recapitalizes 61 Broadway amid downtown leasing run

REW
RXR Realty has wrapped up its recap of 61 Broadway as the downtown leasing market continues its strong leasing run. JLL handled the sale of a 49 percent stake in the iconic building to CAMC (China Orient Asset Management) for $215.6 million. The team also secured $290 million in recapitalization...
Misys software company takes floor at 285 Madison Ave.
Deals & Dealmakers

Misys software company takes floor at 285 Madison Ave.

REW
RFR Realty announced a new 23,492 s/f lease with the financial services software company, Misys, at 285 Madison Avenue. Misys is relocating to the newly repositioned office tower from Avenue of the Americas and will occupy a full-floor on a long-term basis. RFR was represented by Alexander Chudnoff and Mitch...
Deals & Dealmakers

Related, LargaVista break ground on 300 Lafayette office building

REW
Related Companies and LargaVista Companies announced that they have broken ground on 300 Lafayette Street, a new, 80,000 s/f, mixed-use boutique office and retail building that offers nearly 50,000 s/f of office space on the top floors and 30,000 s/f of flagship retail space. The fully capitalized, seven-story development features...
Featured

Midtown malady canʼt take shine off NYC office leasing

REW
Midtown Manhattan, the haven of aging office towers filled with banks and law firms, received a bleak diagnosis from the city’s real estate experts. According to office leasing experts speaking during the Real Estate Weekly Women’s Forum, the area is set to become the “cheap alternative” as tenants continue to...
Deals & Dealmakers

Fairfield County finance, banking sectors drive leasing activity

REW
Leasing activity in Fairfield County started off sluggish in the first quarter of 2016, according to JLL. Tenants signed for 550,000 s/f this quarter, compared with nearly 1.1 million square feet the previous quarter. Leasing activity in the first quarter of each year across Fairfield County is historically low, and...
Deals & Dealmakers

Healthcare tech co. takes 32,000 s/f in Equity Office’s 114 W41st Street

REW
JLL has completed a new, direct transaction for Quartet Health Inc. at 114 West 41st Street in Midtown with building owner Equity Office Management. The healthcare technology company signed a long-term lease for 32,000 s/f comprising the entire fourth floor and fifth floors at the Class A building. The tenant...
Deals & Dealmakers

Hedge fund renews at 1166 Ave. of Americas

REW
Investment and technology fund giant D. E. Shaw & Co., L.P. has renewed its 195,375 s/f lease at Minskoff Equities 1166 Avenue of the Americas. Minskoff was represented by the JLL team of Paul N. Glickman, vice chairman; Cynthia Wasserberger, managing director; Jonathan Fanuzzi, executive vice president; and Diana Biasotti,...
Savanna, Atom Assets JV receive $40M loan for 106 West 56th acquisition
Debt & Equity

Savanna, Atom Assets JV receive $40M loan for 106 West 56th acquisition

REW
Savanna and its Hong Kong-based partner Atom Assets, has secured a $40 million loan for its acquisition of 106 West 56th Street. JLL’s Capital Markets experts announced the firm secured $40.4 million in acquisition and pre-development financing on behalf of the joint venture. The site will be developed into a...