Leases
Bank renews Park Avenue lease
Address: 99 Park Ave., Manhattan
Landlord: Global Holdings Management Group
Tenant: Flushing Bank
Lease size: 8,465 square feet
Lease length: 10 years
Asking rent: $80 per square foot
Asset type: Office
Brokers: Savills’ Shay Bolton, James Wenk, Alex Redlus and Kirill Azovtsev represented the tenant. Craig Panzirer represented the landlord in-house.
Sales
MassMutual’s investing arm acquires Midtown office tower
Address: 1370 Sixth Ave., Midtown
Seller: Principal Real Estate Investors
Buyer: Barings
Sale price: $160.9 million
Asset type: Mixed-use
Stone yard sites change hands in Bushwick
Addresses: 20 Anthony St., 30 Anthony St. and 509 Vandervoort Ave., Brooklyn
Seller: Barry Haskell
Buyer: Li Fang Ruan
Sale price: $9.6 million
Asset type: Industrial
Financings
Carlyle Group finances multiple storage facilities
Addresses: 145 18th St., 651-659 Utica Ave., 1690 E. New York Ave., Brooklyn; 87-16 121st St., Queens
Owner: Wonjoong Kim
Lender: Prudential Insurance Company of America
Loan amount: $9.9 million
Asset type: Storage facilities
Read more about this deal here.
Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-01 18:09:08
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