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Sitex signs sale leaseback with bus operator, welcomes Carvana to NJ property
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New Jersey-based private equity firm Sitex has acquired a 40,000 s/f building on six acres of land in Paramus in a sale-leaseback with transportation giant Coach USA.
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Simone, Fareri sign 22,000 s/f in office leases at Purchase campus
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Simone Development Companies and Fareri Associates have announced 21,518 s/f of new leases at their Purchase Professional Park campus on Westchester Avenue.
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City reaches settlement with landlord who violated lead paint rules
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The city’s Department of Housing Preservation and Development (HPD) has reached a settlement agreement with a building owner to correct 42 lead-based paint
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Harbor Group acquires CBS Building for $760M
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Harbor Group International has entered an agreement to acquire 51 West 52nd Street for $760 million. It is the first sale of the midtown office tower –
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Housing activists give Cuomo ‘to do’ list before he leaves office
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Elaine Gross, president of ERASE Racism, and Baaba Halm, Vice President and New York Market Leader of Enterprise Community Partners, called today on Governor
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Extell leases former Ring building to Jewish day school
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Extell has signed a 99-year ground lease with the Shefa School to occupy the 75,000 s/f building at 17 West 60th Street in Lincoln Square.
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CODE BREAKERS: NY Stock Exchange rapped for elevator snafu; Illegal crane at Coney Island site
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The New York City Department of Buildings released its June 2021 enforcement bulletin, which provides highlights of the agency’s actions to sanction and
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ON THE SCENE: This week’s middle market sales
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B+E announced the sale of the Cloud10 car wash property at 150 Wilkes-Barre Blvd, Wilkes-Barre, PA for $5,000,000.The NNN property carries a cap rate of
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GTIS heads to Seattle to build its first multi-story distribution center
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New York-based GTIS Partners has formed a joint venture with Ryan Companies US to develop a 100,000 s/f last mile distribution center in Seattle.
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Oxford buys KKR industrial portfolio for $2.2 billion
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Oxford Properties Group has agreed to acquire a 14.5 million square foot infill and light industrial portfolio from KKR, a global investment firm, for
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Brookfield to build distribution center on $45M former LI Superfund Site
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Brookfield Asset Management has paid $45 million for a former Superfund Site in Hicksville, Long Island, with plans to turn it into warehouse distribution Center.
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Law firm renews 17,000 s/f lease at Rudin’s 80 Pine
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Rudin Management Company announced that law firm Freehill Hogan & Mahar LLP has signed an 11-year, 17,333 s/f lease renewal at 80 Pine Street, a 1.