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SELLING POINTS: NJ industrial portfolio trades for $43M
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● CBRE NJ industrial portfolio trades for $43M An affiliate of Endurance Real Estate Group and PCCP has acquired Southern New Jersey Core Infill Portfolio
Deals & Dealmakers
Columbia, Normandy partner on Tribeca office venture
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The partners plan to redeveloped the vacant 250 Church building as a modern offices. 250 Church Street, a 16-story, 237,000 s/f office building located
Deals & Dealmakers
400,000 s/f anchor renews at Columbia’s JC tower
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95 Columbus in Jersey City Columbia Property Trust has renewed its lease with Pershing LLC, a subsidiary of The Bank of New York Mellon, for 400,000 s/f
Deals & Dealmakers
TriBeCa office building sold for $205.5 million
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250 Church Street, a 16-story, 237,000-s/f office building located in Manhattan’s trendy TriBeCa neighborhood has been sold for $205.
Deals & Dealmakers
Rubenstein JV buys $187M mixed-used complex from Columbia Property
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Rubenstein Partners and Monarch Alternative Capital have formed a joint venture that has purchased the Lindbergh Center, a one million s/f mixed-use property
Deals & Dealmakers
Columbia Property Trust acquires Normandy
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Columbia Property Trust announced it will acquire Normandy Real Estate Management for around $100 million. Founded in 2002, Normandy is led by partners
Deals & Dealmakers
Columbia Property trust signs full floor lease with Drive Shack
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Columbia Property Trust announced that it has finalized a long-term lease with Drive Shack for the last available floor at 218 West 18th Street, which
Debt & Equity
Apollo signs off on $187M construction finance for 799 Broadway
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NKF Capital Markets raised $187 million of construction financing from Apollo for Normandy Real Estate Partners and Columbia Property Trust’
Deals & Dealmakers
Columbia Property Trust closes on $87.7M acquisition of 149 Madison Ave.
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Columbia Property Trust has closed on its $87.7 million purchase of 149 Madison Avenue, its fourth Midtown South acquisition this year. Scooping up the
Deals & Dealmakers
WHO’S NEWS: Cushman & Wakefield promotes 15 Jersey brokers, CBRE announces new VP
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Columbia Property Trust, Inc. has named David Cheikin Senior Vice President – Strategic Real Estate Initiatives. Based in Columbia’s New York office, Cheikin
Deals & Dealmakers
Columbia leases 115,000 s/f to WeWork at 149 Madison
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Columbia Property Trust announced that it has signed a 115,000 s/f long-term lease with WeWork, the shared office space provider, for the entire office
Deals & Dealmakers
WHO’S NEWS: New research manager at Avison Young; Rockefeller bolsters urban development division
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Jeffrey L. Heller, Principal and Managing Director for the Avison Young New Jersey office, announced that Jason M. Bloom, Esq., an analytics and market