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GFP Real Estate closes on $60 million REFI for 200 Varick St.

GFP Real Estate closes on $60 million REFI for 200 Varick St.

June 28, 2022
New York, NY GFP Real Estate, LLC has closed on a $60 million loan from Apple Bank for the refinancing of 200 Varick St., a 12-story, 490,000 s/f office building. Major tenants at the 91-percent leased building include
The Moinian Group signs Shafer Clinic to lease at 535 5th Ave.

The Moinian Group signs Shafer Clinic to lease at 535 5th Ave.

June 28, 2022
New York, NY The Moinian Group has completed a two-floor expansion with the Shafer Clinic at 535 5th Ave., the owner/developer’s prime midtown asset. Led by double board-certified cosmetic surgeon David Shafer
Wellington Management signs 71,000 s/f lease at Columbia Property Trust’s 799 Broadway

Wellington Management signs 71,000 s/f lease at Columbia Property Trust’s 799 Broadway

June 28, 2022
New York, NY Columbia Property Trust has signed a lease with Wellington Management for four full floors at 799 Broadway, its newly completed ground-up office development at the convergence of Manhattan’s Greenwich Village and
JLL completes six leases totaling 39,471 s/f at Tower 45

JLL completes six leases totaling 39,471 s/f at Tower 45

June 28, 2022
New York, NY JLL has completed six leases for a total of 39,471 s/f of space at Tower 45, located at 120 West 45th St. in Manhattan, on behalf of owner Kamber Management Company
Empire State Realty signs SESAC MUSIC GROUP to 12,000 s/f lease

Empire State Realty signs SESAC MUSIC GROUP to 12,000 s/f lease

June 28, 2022
New York, NY According to Empire State Realty Trust, Inc. (NYSE: ESRT), SESAC MUSIC GROUP, a leading music rights management and content company, has completed a lease for the full 24th floor at 250 West 57th
Avison Young arranges 15,275 s/f sublease on behalf of Tomorrow Health at 225 Broadway

Avison Young arranges 15,275 s/f sublease on behalf of Tomorrow Health at 225 Broadway

June 28, 2022
New York, NY Avison Young's New York office has arranged a new 15,275 s/f sublease on behalf of Tomorrow Health. The healthcare technology company relocated its NYC headquarters from its previous 2,000 s/f Midtown South office
50,000 s/f of new and expanded leases completed at RFR's 17 State St.

50,000 s/f of new and expanded leases completed at RFR's 17 State St.

June 28, 2022
New York, NY RFR has added nearly 50,000 s/f of new and extended/expanded leases at 17 State St., a 42-story, 571,000 s/f office tower in lower Manhattan. Six firms, ranging from a non-profit clean energy firm to financial services and healthcare
George Comfort & Sons signs 62,000 s/f lease with consumer goods company

George Comfort & Sons signs 62,000 s/f lease with consumer goods company

June 28, 2022
New York, NY George Comfort & Sons, Inc. has finalized a new long-term lease agreement with a major consumer goods company at 135 West 50th St., its newly renovated Midtown tower. The company will occupy approximately
Newmark reps. 104 Franklin St. in lease to jeweler Ted Muehling

Newmark reps. 104 Franklin St. in lease to jeweler Ted Muehling

June 28, 2022
New York, NY Newmark Retail announces it has completed a 4,400 s/f lease with high-end jeweler Ted Muehling at 104 Franklin St. in Manhattan's Tribeca neighborhood. Newmark managing director Andrew Stern and
Newmark reps. Blue Matter Consulting in 11,933 s/f sublease at 909 Third Ave.

Newmark reps. Blue Matter Consulting in 11,933 s/f sublease at 909 Third Ave.

June 28, 2022
New York, NY Newmark has completed an 11,933 s/f sublease with Blue Matter Consulting at 909 Third Ave. in Midtown East Manhattan. Newmark associate Thomas Burrus represented the subtenant
Boles & May of Progress Capital arrange $54.5 million construction financing for Newark School of Architect & Interior Design

Boles & May of Progress Capital arrange $54.5 million construction financing for Newark School of Ar...

June 28, 2022
Newark, NJ David May and Evan Boles of Progress Capital secured $54.5 million in construction financing for the owners of a 179,100 s/f educational facility located at 155 Jefferson
JLL Capital Markets arranges $14.34 million sale of multi-housing and retail property

JLL Capital Markets arranges $14.34 million sale of multi-housing and retail property

June 28, 2022
New York, NY JLL Capital Markets has completed a $14.336 million sale of 321 Lenox Ave., a six-story, mixed-use multi-housing and retail building
Life science and healthcare company, Opentrons Labworks Inc., sign 46,179 s/f lease

Life science and healthcare company, Opentrons Labworks Inc., sign 46,179 s/f lease

June 28, 2022
New York, NY According to King Street Properties, one of the largest owners of advanced research and manufacturing facilities in the U.S, and development
Largo Capital arranges $28 million of debt to refinance a 3 building portfolio

Largo Capital arranges $28 million of debt to refinance a 3 building portfolio

June 28, 2022
Saint-Laurent, QC Largo Capital’s Kevin Ross closed a three building industrial/flex portfolio for a total loan amount
Ariel Property Advisors arranges $9.2 million acquisition loan for mixed-use property

Ariel Property Advisors arranges $9.2 million acquisition loan for mixed-use property

June 28, 2022
New York, NY Ariel Property Advisors has arranged a $9.2 million acquisition loan for a mixed-use property at 321 Lenox Ave. The 33-unit building is comprised of 32 free-market residential units, one commercial space occupied
Ariel Property Advisors arranges $12.8 million sale of development site

Ariel Property Advisors arranges $12.8 million sale of development site

June 28, 2022
Brooklyn, NY Ariel Property Advisors has arranged the $12.8 million sale of a development site offering 41,538 buildable s/f in an Opportunity Zone at 127 Concord St. The buyer, GW Equities, LLC, plans to build
Ariel Property Advisors arranges sale of mixed use building for $9.85 million

Ariel Property Advisors arranges sale of mixed use building for $9.85 million

June 28, 2022
New York, NY Ariel Property Advisors has arranged the sale of a corner mixed-use building totaling 24,316 s/f at 101-109 East Burnside Ave. and 2054-2056 Morris Ave. for $9.85 million
Ariel Property Advisors arranges sale of $31 million for two multifamily properties

Ariel Property Advisors arranges sale of $31 million for two multifamily properties

June 28, 2022
New York, NY Ariel Property Advisors has arranged the sale of two multifamily properties totaling $31 million located in the Bronx and Manhattan
TerraCRG & Compass sell $5.45 million neighboring residential development sites

TerraCRG & Compass sell $5.45 million neighboring residential development sites

June 28, 2022
Brooklyn, NY TerraCRG has closed on the $2.35 million sale of 30 Bushwick Ave., a residential development site. TerraCRG partner Daniel Lebor and associate Andrew Manasia exclusively represented the seller and buyer
FedEx signs 10-year lease at 477 Madison Ave.

FedEx signs 10-year lease at 477 Madison Ave.

June 28, 2022
New York, NY According to Retail by MONA, the leasing and advisory firm, FedEx has signed a long-term lease for 2,276 s/f of retail space at the newly repositioned 477 Madison Ave. office tower