AVRS Takes 11% Stake in BXP-Owned Office Tower
AVRS Partners acquired an 11% stake in a planned 46-story, Class-A, Manhattan, N.Y., office space owned by BXP. The 930,000-square-foot development project at 343 Madison Ave. is set to be completed by 2029 and will cost an estimated $2 billion.
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Tishman Speyer to Transform Chrysler Building Into World-Class Boutique Office
The extensive building improvement and hospitality program announced by Tishman Speyer aims to breathe new life into the 1.3 million square feet of Manhattan office space at the iconic skyline staple on Lexington Ave.
Industrial Boomtowns: The U.S. Metros Where Logistics & Warehousing Grew Fastest
Data centers have dominated industrial headlines — and for good reason. But, demand for warehousing and logistics space remains strong in its own right: U.S. e-commerce sales reached…
Joint Venture Takes Ownership of 1301 Avenue of the Americas
DRA Advisors is entering into a joint venture agreement with New York-based real estate investment trust Rithm Capital for the ownership of 1301 Avenue of the Americas. DRA is set to take a 49% stake in the property with Rithm maintaining its majority share at the 1.7-million-square-foot, Manhattan, NY, office tower.
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