Deals & Dealmakers
SELLING POINTS: Aspen, Devli scoop up Mack-Cali office
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● MERIDIAN CAPITAL GROUPDynamic Star JV planning LIC office tower AAGS Holdings has purchased the former Eagle Electric building in Long Island City, with
agency assignments
NKF retained by Elms Realty to oversee LIC redevelopment
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The project will consist of 400,000 s/f of office and retail space in five connected buildings Newmark Knight Frank (NKF) has been retained to represent
Leases
Sales firms joins APF’s Club Row roster
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Newmark Knight Frank (NKF) has completed two leases on behalf of APF Properties with new tenant Advantage Sales & Marketing at The Club Row Building.
Deals & Dealmakers
Vanbarton nears full occupancy at renovated Penn Plaza office tower
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Education technology company Chegg has signed a deal that will bring 31 Penn Plaza to nearly full occupancy. Vanbarton Group announced that the California-based
Debt & Equity
Philadelphia’s 1500 Market office complex gets $388M refi
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On behalf of a joint venture between Nightingale Properties and Wafra Capital Partners, Newmark Knight Frank and Walker & Dunlop have arranged $388
Deals & Dealmakers
Amazon taking 300,000 s/f at SL Green development
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After months of rumored scouting around the city for space, Amazon has decided on a Manhattan location for a new office – SL Green Realty Corp.
Deals & Dealmakers
MFA signs 100,000 s/f lease at 1251 Ave. of Americas
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Mitsui Fudosan America (MFA), the U.S. operations of Japan’s largest real estate company, announced that Akerman LLP has signed a 100,000 s/f lease at
agency assignments
NKF tasked with rounding out Empire Outlets roster
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Newmark Knight Frank (NKF) has been named as exclusive leasing agent for the 350,000 s/f Empire Outlets outdoor shopping, dining and lifestyle center in Staten Island.
Deals & Dealmakers
NKF team checks out $1.175B for Fontainebleau
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DUSTIN STOLLY and JORDAN ROESCHLAUB A team of Newmark Knight Frank debt specialists has arranged a$1.175 billion refinancing package for the iconic Fontainebleau
Banking and Finance
Hard work paying off for office developer
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74 Kent Street Newmark Knight Frank has arranged a $30.5 million fixed-rate loan to a portfolio of two newly repositioned, Class A office buildings totaling
Banking and Finance
Slate finance arm antes up $44M for Arden Group venture
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Arden Group has secured a $44 million floating-rate loan for the acquisition of 4650 Broadway, a development site in Inwood. Newmark Knight Frank Vice
Retail
PGA Tour Superstore opening in New Jersey
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Newmark Knight Frank (NKF) and Katz & Associates have announced a 37,364-s/f lease at 98 Route 10 West in East Hanover, New Jersey for a new PGA TOUR Superstore.