News

Cushman will welcome 16 new commercial leasing and investment sales professionals to its Mellvile, Long Island office.

The 26,174-square-foot property is fully leased by Allegheny Health Network, a subsidiary of Highmark Health Inc. No financial terms of the transaction were released.

The Miami City Commission is set to review an unfinished lease and a proposal to kill stadium talks.

Under the terms of the agreement, Realogy will receive $375 million in cash at closing, subject to certain adjustments, and a $25-million deferred payment.

Following the Oct. 31 ceremony, Circle Squared Alternative Investments and the PRC Group broke ground on City Line East, a 198-unit luxury apartment project that will also include 8,564 square feet of retail space.

Embrey's The Cannery at The Packing District is the first project to break ground in the planned $500-million mixed-use development on 202 acres.

The real estate investment firm recapitalized the asset through an equity joint venture with Nan Fung Group and debt from Axonic Capital and Athene Annuity & Life Assurance Company.

Shorenstein Properties has locked down a $350 million Barclays loan to finance a leasehold at 1407 Broadway, a 43-story property in Midtown, Manhattan.