Paramount Group, Inc. has announced it is seeking to enter into a joint venture agreement to sell a 10 percent interest in 1633 Broadway, a 2.5 million-square-foot trophy office building on Broadway between 50th and 51st streets in Manhattan.
Innovo Property Group and Square Mile Capital Management have landed $305 million in construction financing from the Bank OZK and EverWest Real Estate Investors to develop a one million square foot, two-story Class A logistics and distribution facility at 2505 Bruckner Boulevard in the Bronx. Cushman & Wakefield arranged the financing.
There is a lot of talk about the cultural changes that will arise out of the coronavirus outbreak, but CREXi’s Eli Randel says that any changes will be short lived.
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