NEW YORK CITY-Carlton Strategic Ventures forms the JV with Prudential to acquire existing performing real estate assets at a discount.

NORWICH, NY-The sales agent for Procter & Gamble Pharmaceuticals Woods Corners Technical Center, says equipment and town assistance, are a plus for potential buyers.

NEW YORK CITY-Vacancy rates increase in nearly every submarket here, however prime spaces continue to command high prices in select areas.

BROOKLYN, NY-The transaction, which includes the 333,000-sf main campus and two operating businesses, is subject to Department of Health approval and is expected to close in Q4 '08.

NEW YORK CITY-GlobeSt.com learns that Lincoln Property Co. is shopping the eight-story building after recently shedding its 700 Broadway Property for $70 million.

NEW YORK CITY-A partnership comprised of affiliates of Taconic Investment Partners LLC and ING Clarion Partners receives the refi for a 62,199-sf office and retail property here.

NEW YORK CITY-A partnership comprised of affiliates of Taconic Investment Partners LLC and ING Clarion Partners receives the refi for a 62,199-sf office and retail property here.

NEW YORK CITY-Mayor Michael Bloomberg takes action to reduce energy consumption by 30% by 2017 in the City's municipal buildings and operations here.