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Development - Page 36
Christie’s Commits to Long-Term Lease at Rockefeller Center
Renowned auction house Christie’s has renewed its 25-year lease at Rockefeller Center in New York City. The decision to stay put at its 400,000-square-foot headquarters came after careful consideration of relocation options. Since 1997, Rockefeller Center has served as the…
The Retreat Turks & Caicos in Grace Bay Celebrates A 100% Sellout
A new chapter in island living has arrived in Grace Bay. Last month, The Retreat Turks & Caicos hosted a celebration marking the development’s debut and the sale…
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Commercial - Page 36
Durst Lands $1.3B Refi for Times Square Trophy Tower
The 48-story One Five One houses the offices of H&M, TikTok, Nasdaq and BMO Capital Markets. Image courtesy of Yardi Research Data In one of the largest deals of this year in Manhattan, N.Y., The Durst Organization has secured a…
MCB Real Estate JV Eyes Brooklyn Retail Redevelopment
The former Century 21 store in Bay Ridge will become a modern retail center dubbed Century Marketplace. Image courtesy of JLL A…
CRE Sentiment Index Hits All-Time High
Confidence in the commercial real estate sector has improved significantly in the third quarter of 2024, according to the Board of Governors…
Buying Property Through a Limited Company – Pros & Cons
It used to be the case that only a small minority of property investors bought a house through a limited company. Since…
Report: Blackstone JV Sells LA Campus for $120M
Blackstone and Worthe Real Estate Group have sold the former Los Angeles headquarters of retail chain Forever 21, a 1.8 million-square-foot campus…
$17B Data Center Campus Coming to Virginia
EdgeCore’s Louisa County data center will be its third in Virginia. Image courtesy of EdgeCore Digital Infrastructure EdgeCore Digital Infrastructure will invest…
MAS AJP, Flagler to Develop South Florida MOBs
MAS AJP and Flagler Healthcare Solutions, two major South Florida health-care real estate firms, have formed a development partnership. The duo, titled…
Davis Healthcare Opens Minneapolis-Area MOB
Lakeville Specialty Center broke ground in June 2022. Image courtesy of Davis Healthcare Real Estate Davis Healthcare Real Estate has completed Lakeville Specialty Center, a 100,500-square-foot medical office building in Lakeville, Minn. The development team included Synergy Architecture Studio, Timco…