Northeast

SL Green Realty Corp., a New York-based office real estate investment trust, has sold 315 West 33rd St., an undeveloped parcel of land with a gross valuation of $446.5 million, or approximately $906 per square foot, to an affiliate of Brookfield Asset Management.

Bond, a property technology firm that focuses on last-mile delivery, is taking a page out of the book of co-working firm WeWork. The New York City-based start-up scouts out underutilized commercial space in dense city areas to establish "tiny warehouses" for last-mile delivery and is plotting an expansion in New York and two Northeast cities.

The property a 1515 Garnet Mine Road here was sold by Evergreen Private Finance of Washington, DC to New York-based BHN Associates.

"You have to lead from a place of firm conviction about what you are trying to accomplish and what your values are that drive how you accomplish goals."

Stockroom operations are a crucial component when distribution is added to the mix.

The seller is an affiliate of Pure Industrial Real Estate Trust.

Following the closing of the transaction, PersonalizationMall.com will continue to provide product and personalization services to Bed Bath & Beyond and buybuy BABY.

The two-year, floating rate financing deal was provided by Rialto Capital Management on behalf of the Normandy Opportunity Zone.