Banking and Finance
ʻNecessity retailʼ getting run for its money
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JLL arranged a $32 million refinancing for Veterans Square Town Center, a fully leased, 136,928 s/f, grocery-anchored retail center in the Northern New
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Liberty Bank fires off $22M for Winchester repositioning
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Winchester Partners, a joint-venture of L+M Development Partners, Twining Properties and the Goldman Sachs Urban Investment Group, has closed on a $22
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Lionheart partners with Schroder to funnel $250M into distressed deals
07
Fisher Brothers affiliate Lionheart Strategic Management has entered into a loan acquisition agreement with Schroder Investment Management North America Inc.
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LA investor bags $49M loan for 18-building Meadowlands industrial acquisition
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JLL Capital Markets announced that it has arranged $48.8 million in financing for Cohen Asset Management’s acquisition of an 18-building industrial
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ON THE SCENE: Roundup of middle market sales, exclusives
07
SALES JLL Northeast Industrial Markets announced the sale of 95 Fulton Street in Boonton, NJ, on behalf of Erasteel, Inc. The 55,000 s/f property was purchased by J.
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JLL brokers 18,000 s/f in trio of leases at 330 Madison
07
JLL has completed three leases totaling 18,358 square feet of space at 330 Madison Avenue on behalf of MEAG, the asset management arm of building owner
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ON THE SCENE: This week’s middle market sales, exclusives
07
JOSEPH ROSENFELD SALES Schuckman Realty announced the sale of a 3,640 s/f mixed-use building, consisting of two residential apartments above 1,800 s/f
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NJ investors pay $11M for UWS building
07
JLL Capital Markets announced today that it has completed the $11.4 million sale of 57 West 86th St., a 13,290 s/f building located on the Upper West Side.
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Supermodel agency leases Chelsea penthouse office
07
JLL has completed a 9,000 s/f lease at the newly redeveloped 555 West 25th Street in West Chelsea in Manhattan with DNA Model Management LLC, a leading
Debt & Equity
Harbor JV closes on $88M multifamily acquisition loan
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JLL Capital Markets announced today that it has arranged $88 million in acquisition financing for the recently purchased Avalon Somerset apartments in
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Kitchen giant inks two deals for 113,000 s/f of New Jersey space
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JLL has completed two new transactions, totaling 113,496 square feet, for the LIXIL Corporation in Piscataway, New Jersey. The water technology company
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Shorenstein leases Miami office space to Blackstone
07
Shorenstein Properties has leased 41,000 s/f of office space at its 2 MiamiCentral property to Blackstone. The global investment giant intends to create