Deals
Focusing on commercial property transactions? Stay up to date with the latest investment sales and lease agreements across all major commercial property types: Both traditional and flexible office space properties, retail spaces, industrial real estate, life sciences, data centers, and more.
5 Steps to Close More Commercial Real Estate Deals
Most commercial real estate deals fall apart after the price is agreed, not before. The negotiation gets done, the LOI is signed, and then something between letter of…
How Commercial Real Estate Wholesale Works
The wholesaler has found a property with an unbelievably good price, and even when the updating costs and wholesale fee are added in, the buyer accepting the assigned contract still has a property that’s well below market value.
Michael J. Fox Foundation Moves Headquarters to RXR-Owned Building
The Michael J. Fox Foundation for Parkinson’s Research (MJFF) is preparing for a move to a new location in Midtown Manhattan, N.Y. The non-profit will occupy 68,958 square feet of office space at 530 Fifth Ave. — a 26-story office tower jointly owned by RXR and Sagehall since 2014.
Bain Capital Forks Over $52 Million for South Florida Industrial Campus
Kurv Industrial, previously known as Bridge Industrial, has finalized the $52 million sale of a warehouse campus in Pompano Beach, Fla., according to official property records. Known as Bridge Point Pompano Beach Commerce Park, the asset is a high-profile industrial space in Pompano Beach, Fla., consisting of three buildings totaling 380,496 square feet. The buyer was Boston-based Bain Capital Real Estate.
SL Green’s 100 Park Ave. Fully Leased Following Latest Deal
Law firm Robinson+Cole signed a 15-year deal for 48,451 square feet at 100 Park Ave. , successfully bringing the Midtown East office tower to 100% leased. The acquisition of this premier office space in Midtown Manhattan, N.Y., underscores the enduring appeal of the Park Avenue corridor for top-tier firms prioritizing high-quality, transit-oriented locations.
Blackstone Secures $154-Million Refinancing for Miami Offices
Blackstone has secured $154 million from CIM Group’s private credit fund to refinance 2 and 3 MiamiCentral, which are part of a premier, mixed-use development in downtown Miami. The high-profile office space in Miami serves as a regional hub for the real estate giant, which operates its own office within the property. Eastdil Secured brokered the transaction for the 339,000-square-foot asset.
How to Calculate and Use a Cap Rate
The capitalization rate, or cap rate, is one of the first numbers any commercial real estate investor looks at. It tells you, in a single percentage, what yield…
What’s the Difference Between a Tenant Broker and a Listing Broker?
A broker is a broker, right? Not quite. In commercial real estate, the word covers two roles with very different jobs — and hiring the wrong one, or…
Dalfen Acquires 1.4-Million-Square-Foot North Texas & Midwest Industrial Portfolio
Dalfen Industrial has acquired a 1.4-million-square-foot portfolio from Singapore-based Mapletree Investments for $207.5 million. The deal, which breaks down to $150 per square foot, marks the fifth divestment for Mapletree as it wraps up its 2019 U.S. & European Logistics Private Trust. This $1.8-billion, closed-end fund was launched during a period of significant growth for industrial markets, particularly in North Texas.
Solow Building Sets New Record for Manhattan Office Rent
The iconic Midtown Manhattan office building on Billionaire’s Row reached a historic high in average rent, marking a likely record for the New York City office market.
