JLL arranges $350 million debt and equity capitalization for construction of 363-unit The Italic

Queens, NY JLL’s Capital Markets group has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, mixed-use community located at 26-32 Jackson Ave. in Long Island City.

Innovo Property Group and Affinius Capital close $334 million recapitalization of 2505 Bruckner Blvd. - one million s/f industrial

Bronx, NY Innovo Property Group (IPG) with Affinius Capital LLC (Affinius Capital) closed a $334 million recapitalization of 2505 Bruckner Blvd., a one million s/f, urban industrial facility. The existing

West Elm, Kohler and Hilti sign retail leases at Industry City

Brooklyn, NY Industry City, the 35-acre mixed-use complex comprising sixteen waterfront buildings, said that multiple lease signings were completed with design and construction brands, including West Elm, Kohler, and Hilti, totaling 37,106 s/f

Brix Real Estate Advisors finances multifamily $3.65 million refinance loan

Yonkers, NY Brix Real Estate Advisors brokered a $3.65 million refinance loan on a multifamily building. The 15-unit building, 88-90 Saratoga Ave., is located in the Park Hill neighborhood. The building is 24,490 s/f and was built in

Royal Properties and Charter Realty lease 17,588 s/f to Sierra Trading Post at Poughkeepsie Plaza

Poughkeepsie, NY According to Royal Properties, Inc., Sierra Trading Post signed a 10-year lease with four five-year options for 17,588 s/f and is now open for business at Poughkeepsie Plaza, 2600 South Rd.

Cuddy and Maurer-Hollaender of CBRE renew Mercy College's 125,522 s/f lease at Simone’s 1200 Waters Place at Hutchinson Metro Center

Bronx, NY Simone Development Companies has signed a long-term lease renewal with Mercy College for 125,522 s/f of classroom, administrative and amenities space at 1200 Waters Place, renewing the institution’s commitment

Fordham Real Estate Institute hosts U.S. representative Torres; led by Freedman of Brown Harris Stevens in discussing “Housing the Next Generation”

Manhattan, NY The Fordham Real Estate Institute (REI) hosted U.S. representative Ritchie Torres, at its Lincoln Center campus for a conversation about affordable housing in New York City, led by Bess Freedman, CEO of Brown Harris Stevens (BHS) and member

MAG Partners signs 23,000 s/f lease with grocery operator Lidl at Penn South

Manhattan, NY MAG Partners and Lidl US negotiated a lease for a 23,000 s/f grocery store at 335 Eighth Ave., a mixed-income apartment building being developed within the Penn South campus, an affordable housing cooperative located in the Chelsea

Marx Realty signs Helix Partners Management to 7,000 s/f at 545 Madison

Manhattan, NY Marx Realty (MNPP) said that Helix Partners Management has signed a five-year, 7,000 s/f lease on the 8^th floor at 545 Madison. The firm is relocating from 399 Park Ave.

Rosenberg & Estis negotiates deal for Revel relocation to 7,000 s/f at 275 South 5th St.

Brooklyn, NY Rosenberg & Estis, P.C. represented Charney Companies and Tavros Capital in a lease agreement with electric vehicle company, Revel, to relocate its corporate headquarters and install an electric vehicle supercharging