News/Events
Brooklyn Powerhouse Sports to Open 11K-SF Facility in Sunset Park
Brooklyn Powerhouse Sports, a new fitness and athletic training facility, is opening its first location. Brooklyn Powerhouse has signed a 10,871-square-foot lease at Capstone Equities’ 14 53rd Street, known as the Whale Building, near the shore of New York Harbor in Sunset Park, Commercial Observer has learned. The company will set up batting cages and…
Stephen Ross Buys Second Boca Raton Office Property for $64M
Stephen Ross’s office shopping spree continues in Boca Raton, Fla. The billionaire’s firm, Related Ross, paid $64 million for North 40, a 380,823-square-foot office complex. The two-building property at 5201 Congress Avenue is adjacent West Yamato Road and west of Interstate 95, about a mile from a Tri-Rail station. The office complex, which was built…
Blackstone's $1.3B Multifamily Loan Hits Special Servicing After Missing Maturity
Blackstone has been selling properties from a nationwide portfolio to pay down the $1.3B loan that matured earlier this month.
CBRE Expands Data Center Footprint With $1B Acquisition Of Onnec Group
CBRE announced future expansion following the purchase of a firm that installs and services data center equipment for tech companies outside the U.S.
HSAM Europe Targets €3B In Senior Real Estate Loans In UK And Beyond
HSAM Europe plans €3B in senior real estate loans across Western Europe, focusing 25% in the UK.
Despite Foreclosure Litigation, Kaufman Astoria Studios Is Bouncing Back
The campus, Paramount Pictures' original home, is 100% full after struggling through years of difficulties stemming from the pandemic and industry strikes.
Copper Mill Sues Partners Over Collapsed Deal For 750-Unit Dorchester Project
The developer is alleging POB and Pactolus engaged in fraud related to their agreement for the site at 75 Morrissey Blvd.
LA Developers Eye 2029 Groundbreakings As High Costs Stall New Projects
Developers are eyeing 2029 and 2030 for better conditions amid rising construction costs and increased regulations.
2.1M SF Chicago Office Complex Set For November Sheriff's Auction
The 2.1M SF Illinois Center is slated for a foreclosure auction next month as the building struggles with swaths of vacancy.
