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Commercial Real Estate News | Commercial Observer
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Commercial Lease | Leasing News | Commercial Observer
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Facebook Expands by 300K SF at 770 Broadway – Commercial …
WEBApr 13, 2022 · The social media giant signed a 300,000-square-foot lease to expand again at Vornado Realty Trust’s 770 Broadway, Bloomberg reported. It will bring Facebook’s presence to about 813,000 square feet in the property and give Facebook nearly total control of the 15-story building between East Eighth and East Ninth streets. …
Senate Subcommittee Approves $375M for FBI Relocation
WEBAug 2, 2024 · The FBI ’s herculean effort to relocate its headquarters from the deteriorating J. Edgar Hoover building in Washington, D.C., is one step closer to reality after passing a Senate subcommittee vote on Thursday, but opposition may ultimately kill the move in its cradle.. The Senate’s Financial Services and General Government Subcommittee …
C-PACE Financing Sees Massive Growth Nationally
WEBJun 7, 2021 · An owner-occupied, light industrial building in Long Island, N.Y., accessed $1.7 million in C-PACE financing for the installation of a 739-kilowatt community solar project. Community solar will allow them to turn their previously empty roof into a revenue-generating asset, resulting in an average net-operating income of $72,000 per year.
RXR Exploring Conversion of 5 Times Square Office Building Into ...
WEBAug 14, 2024 · One of the premier office buildings in New York City might be getting a residential facelift. RXR is exploring whether to convert a portion of 5 Times Square, a 1.1 million-square-foot, 39-story office tower in the heart of Manhattan, into residential space, according to sources close to the process.. SEE ALSO: NYC Seeking Bids to Restore …
Reliable Properties Pays $20M to Complete L.A. Retail Assemblage
WEBAug 12, 2024 · An investment firm that focuses largely on grocery-anchored shopping centers has acquired another asset as part of a larger assemblage in Los Angeles’ Los Feliz neighborhood.. Reliable Properties acquired the Barnsdall Square Shopping Center at the corner of Hollywood Boulevard and Vermont Avenue for $20.1 million, records show. …
David Brickman Steps Down as NewPoint CEO, Successor Named
WEBAug 12, 2024 · David Brickman is stepping down as CEO of NewPoint Real Estate Capital, four years after the lender was formed, Commercial Observer has learned.. The multifamily lender has appointed Nick Gesue, founder and CEO of Alder View Capital, as the firm’s new leader, effective immediately. Brickman will continue on with the company as a strategic …
Investment Firm Night Squared Takes 4K SF at 3 Columbus Circle
WEBAug 14, 2024 · Crypto trading firm XBTO has 8,056 square feet of office space in the building, and Agency for the Performing Arts took 21,000 square feet in October 2019. Isabelle Durso can be reached at [email protected]. Investment firm Night Squared has signed a five-year lease at The Moinian Group's 3 Columbus Circle.
WebstaurantStore Signs 1.2M-SF Lease at Hagerstown Logistics Park
WEBFeb 5, 2024 · WebstaurantStore, an online equipment supply company serving restaurants and commercial kitchens, has inked a 1.2 million-square-foot lease at Currwood Logistics Park in Hagerstown, Md.. The company plans to use the space to house products that will allow two-day shipping to 96 percent of the country, it said. WebstaurantStore also plans …