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5 days ago · Celebrating a Year of Innovation and Excellence in NY Affordable Housing. Read the latest edition of the Commercial Observer online! For real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & …
Hines Pays $91M for SoCal Self-Storage, the Most Ever for One …
Oct 2, 2024 · A joint venture between L.A.-based self-storage developer Capital 360 and Charlotte, N.C.-based investment firm Barings sold the three-story, 260,273-square-foot Extra Space Storage to Hines for $91 million. CBRE’s Nick Walker and Trevor Roberts represented the sellers. SEE ALSO: New York’s Osso Capital Buys NoVA Apartment Complex for $69M ...
Chicago – Commercial Observer
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New York City Commercial Real Estate | Commercial Observer
Ares to Buy 75% Stake in Hell’s Kitchen Apartment Building Valued at $270M. For commercial real estate news in New York City, Commercial Observer has the latest in leases, financing, sales, construction, architecture, and design.
Michael Cohen - Commercial Observer
Michael Cohen from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture.
Facebook’s Manhattan Campus Takes Shape – Commercial Observer
Oct 25, 2022 · Facebook/Meta also has about 95,000 square feet at 335 Madison Avenue, a Milstein-owned building, according to Compstak data. For comparison’s sake, there’s Google’s $1.8 billion purchase of the 2.9 million-square-foot 111 Eighth Avenue in Chelsea in 2010. It also bought the Chelsea Market building across the street, and has compounds at ...
The Plan: The Perrie Condo Building Leans on Efficient Design
Oct 10, 2024 · At under $1.2 million, most units in The Perrie cost about $145,000 less than the average Manhattan condo (but still far above the average $746,000 a home cost across New York City last year), which explains how it became eligible for that FHA financing. Some 20 percent of the complex’s units cost less than $1 million, which Kronman calls ...
2024 Power Proptech – Commercial Observer
By The Editors October 8, 2024 5:00 AM. It’s like proptech hit Ctrl+Alt+Delete this year. Entire companies disappeared, and funding plateaued (again) as the industry adjusted its own expectations in a wider commercial real estate universe struggling to rightsize. Read more.
LVMH Secures 150K-SF ‘Swing’ Office Space at 590 Madison Avenue
Sep 30, 2024 · Luxury retail giant LVMH joined this week’s six-figure lease club by securing 150,000 square feet at 590 Madison Avenue. LVMH inked a deal for four floors of the 41-story building owned by the State Teachers Retirement System of Ohio. The new space is one block north of LVMH’s U.S. headquarters at 550 Madison Avenue, The Real Deal first ...
RFR Trying to Stop Ground Lease Termination on Chrysler Building
Sep 27, 2024 · Aby Rosen and Michael Fuchs are asking for judicial intervention on the ground lease eviction proceeding after Cooper Union gave RFR a 10-day termination notice. That notice came after the college didn’t receive payment in June and July on the ground lease valued at $32.5 million, according to a source. PincusCo first reported the news.