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TUSTIN, CA—Harbor Associates, which acquired the creative property, plans to reposition with a new lobby, atriums, natural lighting, polished concrete floors and 14-foot exposed wood ceilings.
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NEW YORK CITY—A consortium of financial institutions led by Citigroup Global Markets has purchased Dormitory Authority of the State of New York issued bonds for renovation of the Icahn School of Medicine at the famed hospital.
NEW YORK CITY—The pattern of slight upward and downward movement in the CMBS delinquency rate continued again in August, says Trepp. However, the month saw property sectors improve while others lost ground.
CLIFTON, NJ—Tulfra Real Estate has topped out 65 Industrial Street South in Clifton, NJ, raising the roof to a 27-foot clear height as part of as a $10 million upgrade of the headquarters-quality industrial building.