Latest reporting, analysis and context on Commercial Property.
Montreal-based Planpoint has launched publicly with a platform that turns floor plans and site maps into interactive leasing and sales tools for property teams and prospective occupiers.
Brooklyn’s development boom rested on rapid growth, rising property values, receptive buyers and relatively inexpensive financing. Those conditions encouraged a more aggressive approach to new supply.
A college graduate who arrived in the city determined to build a career, Hamad initially considered becoming a CPA before prior exposure to property steered her back toward real estate.
Dog food delivery company Spot & Tango and advertising intelligence firm MediaRadar have signed office leases totaling nearly 32,000 square feet at 11 Bryant Park Plaza in Midtown Manhattan.
Jemal Equities has secured a $28 million CMBS loan from Citigroup to refinance 1530 Wilson Boulevard, supporting the continued repositioning of the 10-story Arlington office property.
13th Floor Investments has sold Solera at Avalon Trails, a newly built 55-plus housing community in West Delray Beach, Florida, to Robbins Property Associates for $29.3 million.
Erez Asset Management has disclosed a 10 million-share position in Empire State Building Trust, becoming a new activist investor and urging the REIT’s leadership to explore asset sales.
Three women’s apparel brands have signed for office and showroom space at 231 West 39th Street, adding fashion-sector occupancy to the 12-story Garment District property.
Thor Equities Group has refinanced its Ardley Portfolio in Savannah, securing a $43.2 million BridgeInvest loan for 11 warehouse buildings spanning roughly 525,000 square feet.
Manhattan’s combined listed and unlisted new-development condo inventory stood 28 percent below its 10-year average in the third quarter, with analysts expecting the supply picture to tighten further in Q4.
