News/Events
Sugar Land Town Square Secures Fortune 500 Lease: The Houston Deal Sheet
This week in Houston real estate news, Primoris Services signs a lease at Sugar Land Town Square, Brookshire industrial secures a 131K SF lease, and more.
Millennium Partners Lands $281M Loan For Winthrop Center Tower
Millennium Partners locked down $281M in PACE funding, the largest-ever loan in New England using the green financing program.
Brookfield Offloads 3-Building Silver Spring Office Complex
The Canadian investment giant offloaded a more than 700K SF office complex for $35M as it scales back its D.C.-area holdings.
Corpay’s Cross-Border Business Leases Prebuilt at Rudin’s 560 Lexington
Rudin announced a new 11-year office lease with Corpay, Inc.’s. Cross-Border business at 560 Lexington Ave., its 22-story office tower in the Plaza District. Corpay Cross-Border Solutions, which specializes in foreign exchange, global payments and risk management, will relocate its headquarters to 560 Lexington this fall. The company will occupy a 17,778-square-foot prebuilt space spanning the entire 17th floor of…
Marcus & Millichap’s Azzi Group Closes Value-Add Sale of West Hollywood Multifamily
Marcus & Millichap closed the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood. The property sold for $7.98 million, or $266,000 per unit. “The property presented the buyer with a rare opportunity to acquire a well-located West Hollywood asset at an attractive basis with significant value-add potential,” said Tony Azzi, executive managing director investments. “With opportunities…
Northmarq Arranges $75M Acquisition Loan for Grocery-Anchored Queens Center
Northmarq’s New York Debt + Equity team led by Robert Delitsky and Keith Braddish arranged a $75-million loan for the acquisition and redevelopment of Whitestone Shopping Center, a 119,584-square-foot grocery-anchored shopping center located at 153-17 Cross Island Pkwy. in Whitestone, Queens. Northmarq arranged financing on behalf of BTF Whitestone LLC after running a marketing process with the lending community. Northmarq and ownership selected Acadia…
SRS Arranges Sale of Newly Built Caliber Collision Property
SRS Real Estate Partners has completed the $5.24-million sale of a Caliber Collision property located at 742 Main Street in Chula Vista. The 16,832-square-foot property recently completed construction and has a 15-year corporate-guaranteed absolute triple net lease in place. SRS Capital Markets senior managing principals Matthew Mousavi and Patrick Luther and VP Greg Labarre represented…
NAI Hanson Tapped to Lease Former Barnes & Noble Headquarters
NAI James E. Hanson announced that SVPs W. Joshua Levering, SIOR, and Charles Laginestra, and associate Chris D’Andrea, have been tapped by First National Realty Management, LLC, as the exclusive leasing team for 120 Mountainview Blvd. in Basking Ridge, NJ. The former world headquarters of Barnes & Noble, 120 Mountainview features a two-story lobby, an onsite cafe, outdoor seating,…
Wrentham Village Adds to Extensive Lineup of Outlet Stores, Dining Options
Wrentham Village Premium Outlets, New England’s largest outdoor outlet shopping destination, is expanding its portfolio of diverse brands, with HARIBO recently holding its grand opening. Arc’teryx Factory Outlet and Gong Cha will follow later this month at the Simon-owned property. The Wrentham Village location is one of the first U.S. retail outlets for HARIBO, a…
