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Ares funds $148M loan for Mack-Cali portfolio buy
07
JLL Capital Markets aarranged $147.72 million in financing for a 10-property office portfolio totaling 1.5 million square feet in Morris County, New Jersey.
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Marx Realty nearing full occupancy repositioned 10 Grand Central
08
Marx Realty (MNPP) announced that content targeting company ZEFR signed a 15,000 s/f 10-year lease on the 13th floor at 10 Grand Central, relocating from
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Data company joins roster at 375 Park Avenue
07
Marx Realty (MNPP) announced that data operations and delivery firm Crux Informatics has signed a full-floor, 18,000 s/f seven-year lease on the 18th floor
Construction & Design
Marx making a Grand statement with luxury penthouse offices
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The upper-most floors – 35 and 36 – will be connected with a grand staircase Marx Realty (MNPP) announced it will transform the top five floors at its
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AIG antes up $280M to refinance Empire Stores in DUMBO
07
Midtown Equities and Empire Stores have refinanced their Empire Stores development in Brooklyn with a $280 Million loan from AIG. JLL’s Capital Markets
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ON THE SCENE: Meridian sells portfolio of five rent regulated buildings in Central Harlem
08
AGENTS RM Friedland announced that Marco Lala has been retained for the following exclsuive assignments: MARCO LALA • A Bronx development
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Misys software company takes floor at 285 Madison Ave.
07
RFR Realty announced a new 23,492 s/f lease with the financial services software company, Misys, at 285 Madison Avenue. Misys is relocating to the newly
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JLL arranges $181M for Taconic, Nuveen redevelopment
07
125 West End Avenue JLL Capital Markets experts arranged a $181 million loan to finance the redevelopment of West End Campus, a portfolio of two buildings
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SJP signs investment bank to 12,800 s/f in Jersey
07
SJP Properties announced that Crédit Agricole CIB, the corporate and investment banking arm of Crédit Agricole Group, has signed a new office lease for
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JLL arranges expansion for data protection firm
07
JLL has completed a 30,000 s/f lease expansion and extension with OwnBackup Ltd. at 940 Sylvan Avenue in Englewood Cliffs, New Jersey, on behalf of property owner Andalex.
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ON THE SCENE: This week’s Under $10M sales and exclusives
07
SALES DEREK BESTREICH Bestreich Realty Group (BRG) announced the sale of 676 Halsey Street for $1,030,000. The development site is located between Malcolm
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KNA tapped for repositioning of former Toys R Us office HQ
07
Kimmerle Newman Architects (KNA) has been retained to redesign the former Toys R Us headquarters campus in New Jersey for new tenants. New Jersey based