Two NJ Office Assets Trade for $150M

Exan Capital and Mirabaud Group have acquired the class A properties, which total 315,086 square feet as part of Warren Corporate Center.

      

source https://feeds.feedblitz.com/~/654981538/0/globest/new-york~Two-NJ-Office-Assets-Trade-for-M/

W.P. Carey Invests $137M in Industrial Assets

The firm has completed three industrial investments, encompassing five facilities and two million square feet.

      

source https://feeds.feedblitz.com/~/654962526/0/globest/new-york~WP-Carey-Invests-M-in-Industrial-Assets/

NYC Office Users Ink Longer Lease Terms

During the pandemic, short-term office leases became the standard. Now, tenants are getting comfortable with longer lease terms.

      

source https://feeds.feedblitz.com/~/654948282/0/globest/new-york~NYC-Office-Users-Ink-Longer-Lease-Terms/

More Than Half of NYC Will Be Back in the Office By Labor Day

The Partnership for New York City has found that an increasing number of office workers are expected to return to the office this year.

      

source https://feeds.feedblitz.com/~/654850874/0/globest/new-york~More-Than-Half-of-NYC-Will-Be-Back-in-the-Office-By-Labor-Day/

What’s Next for Flex?

The pandemic triggered uncertainty in the office sector, and reinforced the need for more flexibility, according to Colliers International.

      

source https://feeds.feedblitz.com/~/654830396/0/globest/new-york~What%e2%80%99s-Next-for-Flex/

Nominations Open For CRE’s Fifty Under 40

GlobeSt. Real Estate Forum is once again seeking to honor the industry’s top 50 professionals, under the age of 40. Submit a young, talented individual before the nomination deadline on July 7!

      

source https://feeds.feedblitz.com/~/654769092/0/globest/new-york~Nominations-Open-For-CRE%e2%80%99s-Fifty-Under/

JV Secures $500M-Plus Loan to Redevelop 111 Wall St.

Nightingale Properties and Wafra Capital Partners have secured the acquisition and construction loan to reposition the 1.2M-SF Manhattan office tower.

      

source https://feeds.feedblitz.com/~/654762488/0/globest/new-york~JV-Secures-MPlus-Loan-to-Redevelop-Wall-St/

Mack-Cali Sells NJ Office Portfolio for $84M

Crown Acquisitions affiliate, First Mile Properties purchased the class A, six-property office complex in Red Bank, NJ.

      

source https://feeds.feedblitz.com/~/654711782/0/globest/new-york~MackCali-Sells-NJ-Office-Portfolio-for-M/

EW Howell Completes Two Senior Living Facilities

The firm has constructed a 108-bed community in New York and a 114-bed community in New Jersey for owner and operator, Sunrise Senior Living.

      

source https://feeds.feedblitz.com/~/654706892/0/globest/new-york~EW-Howell-Completes-Two-Senior-Living-Facilities/