(To read more on the debt and equity markets, click here.)

MOUNT KISCO, NY-CB Richard Ellis/Melody's office here reports ithas arranged bridge financing of $30 million on behalf of DiamondProperties LLC of Valhalla, the owner of 333 North Bedford Rd.here. The financing will help facilitate tenant improvements andother capital upgrades in connection with the conversion of the574,600-sf flex/industrial/office building from single tenant tomulti-tenant use.

In addition to that deal, CBRE's New York Debt & EquityGroup has arranged $97 million in financing on behalf of TreelineFranklin Avenue Plaza LLC, an affiliate of the Treeline Cos. andFirst Round Partners, in connection with the $98.7-million purchaseof the four-building Franklin Avenue Plaza office complex in GardenCity. As reported on GlobeSt.com,Franklin Avenue Plaza, a 520,000-sf complex, was sold to theTreeline/First Round Partners venture by New York City-basedCammeby's International Ltd.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.