News/Events
Jams Moving HQ To Times Square From New York Times Building
The dispute resolution firm is taking 55K SF at 3 Times Square.
Rent Freeze Heightens Loss Risk For $506M CMBS Loan
Investors face $80M losses as a 3,500-unit NYC rent-stabilized portfolio struggles.
Blackstone Data Center Arm Takes HQ Lease At Reston Station
QTS inked a deal for 77K SF at 1800 Reston Row Plaza, taking the top three floors of Comstock's new trophy office building.
Cousins Properties Sells Austin's One Eleven Congress For $208M
Canyon Creek secures a prime location in Austin with 30-story One Eleven Congress.
KKR's Largest Infrastructure Fund Closes At $19.2B
KKR’s infrastructure equity sits at $120B today, up substantially from $13B in 2019.
Mixed-Use Upper West Side Building Sells to Terra Developers for $28M
Brooklyn-based Terra Developers has made a $28 million residential redevelopment play for 500 Columbus Avenue on Manhattan’s Upper West Side. The 35,300-square-foot mixed-use building was sold to Terra by longtime owner CKMR Corporation, formerly Sloan’s Supermarkets, according to property records filed Friday. The property rises five stories at the northwest corner of West 84th Street…
CIP Real Estate Buys Broward Campus for $99M
CIP Real Estate has paid $99 million for an industrial and office park in Broward County, Fla., property records show. Called Lyons Business Park, the property includes about 10 buildings, totaling 338,000 square feet It’s located at 6601 Lyons Road in Coconut Creek, Fla., near the corner with Johnson Road, about a mile west of…
LMXD, BedRock Secure $250M Loan for 560-Unit Astoria Housing Project
LMXD and BedRock Real Estate Partners have closed on a $250 million loan to facilitate the purchase and construction of a housing development in Astoria, Queens, Commercial Observer has learned. The financing from New York Life Investment Management gets the wheels turning on the development of 560 mixed-income housing units at 35-10 Steinway Street, as…
Apollo Makes It Official, Chooses Austin For Second Headquarters
Apollo said it choose Austin because of its status as a hub for tech and innovation, and rapid growth of advanced manufacturing.
