News

Truist Financial has exercised its option to purchase the nearly 965,000 square-foot tower.

Safehold Inc. is upping its market share in the New York City arena. The firm has just closed a $235 million ground lease at 135 West 50th St. Another transaction to add to its books before year-end.

Newly launched commercial real estate brokerage Atlas Realty Group Partners is the new kid on the commercial real estate block.

Astrobotic's new headquarters is poised to become the epicenter for America's return to the Moon and will be the primary hub for lunar logistics in the United States, the company reports.

It's still unclear what will be Libor's replacement but the GSEs are pushing out products based on the Secured Overnight Financing Rate, or SOFR.

The Deer Park Crossing deal represents the second transaction within 18 months between REVA Development Partners and Redwood.

In response to its ongoing growth, NAI James E. Hanson says that Edge Physical Therapy was searching for a modern, well-configured space that would allow them to add other ancillary services.

The separate transactions announced by brokerage firm the Kislak Company, Inc. involved a total of 87 residential units and included the $6.45-million sale of the 38-unit property located at 403 Prospect Ave. and 333 Passaic St. in Hackensack.