News

The 223-unit rental community sold for $29 million to Upstate Garden District Apartments LLC.

Working on behalf of the borrowers, Lionstone Investments and Midway, JLL arranged $140 million refinancing for GreenStreet, an urban mixed-use office and retail asset totaling 617,000 square feet.

Companies want to create a destination to increase office headcounts because face-to-face interaction remains essential for collaboration, says Camille Tighe, a workplace strategist at architecture firm Vocon.

Safehold Inc., a REIT specializing in ground leases, has agreed to create a $180 million ground lease for 685 Third Avenue, a 31-story office tower one block from Grand Central Terminal.

The firm secured the sale of a 302-unit community, on behalf of Orange Capital Advisors.

Mitsubishi Motors has signed a long-term lease in Franklin, TN, as part of its company-wide reinvention.

300 Lakeside is on the market and while the asking price wasn't disclosed, close-in property pricing suggests its sale price could exceed $600 million or triple Swig's purchase price in 2005.

The $750M mixed-use development, City Ridge, has revealed International Baccalaureate as a major office tenant for the space.