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KLNB Facilitates Sale of 75K-SF Retail Center in MarylandKLNB brokered the sale of Crestview Square, a 74,694-square-foot value-add neighborhood shopping center located at 6611 Annapolis Road in Landover Hills, Maryland.
Essex Three-Twelve Executes Sale of Lakeview East Apartment BuildingEssex Three-Twelve completed the sale of an eight-unit multifamily property at 544 W. Wellington Ave in Chicago. The property features a mix of two- and three-bedroom units that average 2,000 square feet.
Representative imageIndustrial Campus Doubles in Value After $163M Sale to BlackstoneBlackstone acquired a warehouse campus in Pompano Beach, Fla., for $163.1 million — more than twice what it last sold for 10 years ago — in South Florida’s largest industrial deal so far this year, property records show.
Cox Castle Bolsters San Diego Presence, Adding Rebecca Reed as PartnerCox, Castle & Nicholson LLP, a leading full-service law firm specializing in real estate, said Tuesday that Rebecca Reed has joined the firm as a partner, reinforcing and expanding its commitment to San Diego and signaling plans for a forthcoming office.
Gantry Secures $22M Loan for St. Louis Region Retail CenterGantry has secured a $22 million permanent loan to refinance maturing debt for Chesterfield Commons, a high-performance retail power center located in Chesterfield, a suburb west of St. Louis.
GFP Inks 9K SF of Deals in Garment District Office BuildingAn apparel industry mainstay is among three new or extended leases at GFP Real Estate’s 247 West 37th Street in Manhattan’s Garment District.
Jim Flaum Retires After 32 Years Leading Morgan Stanley’s CRE LendingJim Flaum has put a cap on a more than three-decade career spearheading lending efforts at Morgan Stanley.
AI Advertising Firm Agentio Signs 20K-SF Lease at 295 Fifth AvenueArtificial intelligence-driven advertising firm Agentio has signed an office lease on Fifth Avenue.
BGO Acquires Bell Partners in $350M Deal, Increases Assets to $100BBentallGreenOak (BGO), the $90 billion global real estate asset manager, is expanding its U.S. multifamily business via its acquisition of Bell Partners, a $10 billion vertically integrated property management and development firm with more than 70,000 units in its portfolio.
Goldman Sachs Lends $80M for Office Refi on L.A.’s WestsideThe owners of a 162,031-square-foot creative office campus on Los Angeles’ Westside have refinanced after completing the three-building development about six years ago.
Colliers Hires Former Related Exec Henry Allman as VP in New YorkColliers has hired Henry Allman as a new vice president within its tri-state Manhattan office.
Nonprofit Mercy Center Inks 6K-SF Deal at La Central in the BronxA new 1.1 million-square-foot affordable housing development in the South Bronx has secured a ground-floor tenant. The nonprofit Mercy Center will take up a 6,252-square-foot storefront at 435 Westchester Avenue.
Innovo Founder Andrew Chung Takes Role as Co-CEO at ExtellInnovo Property Group founder Andrew Chung is leaving his real estate investment firm to partner with Gary Barnett, a developer certainly very busy in Manhattan.
First Look at Trump’s Supertall Presidential Library in MiamiPresident Donald Trump’s foundation has unveiled the first rendering of his presidential library in Downtown Miami.
Greenlight, Holualoa Ink Refi for 288-Unit Tucson Apartment CommunityBWE arranged $28.8 million to refinance Cabana Bridges, a 288-unit garden-style multifamily community built in Tucson, Arizona in 2023. The financing was arranged on behalf of Greenlight Communities and Holualoa Companies.
Texas Continues to Lead Way for NewcomersCalifornia’s loss, is Texas’s gain. According to a recent StorageCafe Analysis, the state remains the top destination for domestic migration, attracting more new residents than any other state. StorageCafe’s analysis of the latest U.S.
Northwind Group Provides $50M Construction Loan for Luxury Manhattan PropertyProsper Property Group has secured $50 million in construction financing to build 10 West 17th Street, an 18-story luxury residential condominium in Manhattan’s Flatiron District, Commercial Observer can first report.
Developer Eyeing Pearland for Major Mixed-Use VenturePlanned Community Developers is moving ahead with The Orchard at Lower Kirby, a 122-acre mixed-use development located near the intersection of Beltway 8 and Hwy. 288, in the city of Pearland.
Webster Bank Lends $30M for Brooklyn Navy Yard Manufacturing CenterThe Brooklyn Navy Yard Development Corporation (BNYDC) has sealed a $30 million sub-leasehold mortgage loan for its Green Manufacturing Center (GMC) property, Commercial Observer has learned.
Bell Offloads Plantation Apartments for $70MMaxx Properties recently paid $70 million for the Bell at Plantation apartments and renamed them the Ellery. A Bell Partners Fund sold the 250 apartments at 6901 W. Sunrise Blvd. CBRE Multifamily Capital provided a $55.1 million mortgage to the buyer. The S.