Jennison Assoc. Leases 120,809 SF in Midtown Manhattan

The asset management firm will occupy four floors at Fisher Brother’s Park Avenue Plaza property.

      

source https://feeds.feedblitz.com/~/645988274/0/globest/new-york~Jennison-Assoc-Leases-SF-in-Midtown-Manhattan/

Life Science Hub Headed Manhattan’s Far West Side

The Georgetown Co. opens a 200,000-square-foot of laboratory, research, clinical and biomedical facilities.

      

source https://feeds.feedblitz.com/~/645966092/0/globest/new-york~Life-Science-Hub-Headed-Manhattan%e2%80%99s-Far-West-Side/

Camber Real Estate Partners Secures $70M for Industrial Portfolio

Cushman & Wakefield served as the exclusive advisor to the firm and procured the floating-rate financing for the 25-building portfolio.

      

source https://feeds.feedblitz.com/~/645753910/0/globest/new-york~Camber-Real-Estate-Partners-Secures-M-for-Industrial-Portfolio/

JV Acquires Chicago-Area Multifamily for $110M

Beitel Group and the Scharf Group have purchased a 720-unit multifamily community with plans to implement property improvements.

      

source https://feeds.feedblitz.com/~/645672850/0/globest/new-york~JV-Acquires-ChicagoArea-Multifamily-for-M/

Innovo Property Group Secures $155M for LIC Development

The company, alongside partners Atalaya Capital Management and Nan Fund Group, will utilize the loan to complete a 900,000-SF, last-mile distribution warehouse facility.

      

source https://feeds.feedblitz.com/~/645660232/0/globest/new-york~Innovo-Property-Group-Secures-M-for-LIC-Development/

About South Florida’s Appeal to One New York Firm

GlobeSt.com spoke with R&B Realty Group’s Head of Development and Acquisitions, Shelby Rosenberg, on this trend. Here is what we learned.

      

source https://feeds.feedblitz.com/~/645482816/0/globest/new-york~About-South-Florida%e2%80%99s-Appeal-to-One-New-York-Firm/

Elion Partners Expands Last-Mile Industrial Portfolio

Aligning with its portfolio aggregation strategy, the company has acquired a 207,000-SF, last-mile industrial asset in New Jersey for nearly $30 million.

      

source https://feeds.feedblitz.com/~/645425402/0/globest/new-york~Elion-Partners-Expands-LastMile-Industrial-Portfolio/

Vornado Finalizes $525M Refi of One Park Ave.

The interest only loan matures in February 2026.

      

source https://feeds.feedblitz.com/~/645411964/0/globest/new-york~Vornado-Finalizes-M-Refi-of-One-Park-Ave/

JLL Income Property Trust Acquires NJ Life Sciences Asset

The 147,000-square-foot life sciences building is currently long-term net-leased to the clinical-stage biotechnology company, Celularity Inc.

      

source https://feeds.feedblitz.com/~/645138834/0/globest/new-york~JLL-Income-Property-Trust-Acquires-NJ-Life-Sciences-Asset/