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Anthropic Doubling Local Presence With Cambridge Office LeaseAnthropic signed a 24K SF office lease that will allow it to more than double its presence from its current WeWork space.
Investment Firm 26 North Takes 84K SF at LeFrak TowerCBRE has completed two new office leases totaling 104,750 square feet at 40 W. 57th St., an office tower owned by LeFrak. Alternative investment management firm 26 North signed an 84,000-square-foot, 13-year lease, while Mack Real Estate Group committed to 20,750 square feet.
Greenstone Partners Closes Off-Market West Loop Land SaleGreenstone Partners completed the $4.35 million sale of 1276 W Washington Boulevard, a development site in Chicago’s West Loop neighborhood. Danny Spitz and Malek Abdulsamad of Greenstone Partners represented the seller and buyer in the transaction.
Colliers Facilitates Sale of Greater Cincinnati Residential PortfolioColliers brokered the sale of an 80-property residential portfolio totaling 125 units across the Greater Cincinnati region. The sale was led by the Colliers team of Marianne Taylor, vice president and Virginia Cunningham, associate, who represented the seller, a private entity.
First LaSalle Street Reimagined Conversion Opens In Chicago's LoopDevelopers and city officials opened the Bellwether Residences at 79 W. Monroe St., a $64.2M conversion play backed by $28M in tax increment financing.
Pickleball Concept Will Make California Debut with Lewis Retail CentersLewis Retail Centers, a division of Lewis Group of Companies, said Wednesday that construction has commenced on Electric Pickle, a chef-driven restaurant, bar and pickleball social house concept at The Resort in Rancho Cucamonga.
Owner-User Acquires South Brooklyn Mixed-UseMarcus & Millichap arranged the sale of 179 Ave. U, a multifamily and retail property in the Gravesend neighborhood of southern Brooklyn. The sale price was $1,536,000.
Friedman’s Restaurant Ownership Buys Upper West Side Retail Space to Open New SpotThe ownership group behind famed New York City restaurants Friedman’s Restaurant and Pastrami Queen has acquired a retail co-op on Manhattan’s Upper West Side to open a new eatery, Commercial Observer has learned.
Gantry Secures $48M Construction Takeout Financing for Minnesota MFGantry has secured a $48.3 million permanent loan to retire construction financing for The Edison at Maple Grove apartments located at 9820 Garland Lane North in Maple Grove, a suburb northwest of Minneapolis.
Law Firm Thompson Relocates to 4K SF at Cohen Brothers’ 622 Third AvenueThis law firm finds its new office very appealing.
Colliers Team Closes Sale of 107-Unit Central Valley ApartmentsThe Colliers Central Valley Investment Team has closed on the sale of Wimbledon Square Apartments, a 107-unit multifamily property located at 602-710 Wimbledon Dr. in the Central Valley city of Lodi, for an undisclosed sum.
Law Firm O’Melveny Renews 100K SF at 1625 Eye Street in D.C.O’Melveny & Myers has signed a 15-year renewal for roughly 100,000 square feet at 1625 Eye Street NW in Washington, D.C., as the building’s new ownership group sets up a substantial renovation.
Clise Properties Names Benjamin Freeburg as Chief Financial OfficerClise Properties has announced Benjamin Freeburg as its next chief financial officer. Freeburg is succeeding Bryan Joyner, who is retiring at the end of the year after 34 years with the firm.
Prime Finance Supplies $63M Refi for Chelsea Multifamily PortfolioSlate Property Group has landed a $63 million loan to refinance three multifamily buildings in Manhattan’s Chelsea neighborhood, Commercial Observer has learned.
Canyon Partners Provides Refi on Four-Building Elizabeth IndustrialCanyon Partners Real Estate LLC has provided a $67-million senior loan with Kurv Industrial to refinance Kurv Elizabeth, a Class-A industrial property in Elizabeth, NJ. The transaction was facilitated by CBRE.
ISO New England Taps Erland Construction for Holyoke Campus ExpansionErland Construction, in collaboration with Northstar Project & Real Estate Services and Interior Architects, has been selected by ISO New England to construct a new 78,500-square-foot office building on the organization’s Holyoke, MA campus.
Hibachi Eatery Bijin Omakase Signs 5K-SF Lease in Long Island CityA hibachi restaurant is igniting the burner in Long Island City, Queens.
Report Finds Hybrid Work Creates New Opportunities For Women In Real EstateHybrid work has boosted productivity and opportunities for women in real estate, according to a CREW research paper.
Representative imageManhattan’s Supply of New Condos to Hit Highest Level Since 2014 This Fall: ReportPumpkin spice and everything nice, that’s what fall is all about. Unless you’re a condo developer in Manhattan. Then fall is all about getting busy — a lot more busy.
CBRE IM Buys Net Lease REIT For $1.6B, Plans More InvestmentCerberus Investment Management formed Tenant Equity in 2021. The company has 208 assets totaling 12M SF across 39 states.