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Hudson's Bay Co. has arranged $1.25 billion, 20-year mortgage on the ground portion of its Saks Fifth Avenue flagship in New York City at 611 Fifth Ave. In connection with this transaction, lenders Bank of America, Morgan Stanley Bank, Goldman Sachs Mortgage Co. and The Bank of Nova Scotia, independently commissioned a leading international appraiser...
By Randyl Drummer TD Bank has signed a long-term, 200,000-square-foot lease to become the office and retail anchor tenant at One Vanderbilt, a 67-story tower proposed by SL Green Realty Corp. (NYSE...
It's time to update those contact managers with CoStar's People of Note , reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City...
Chambers Street Properties acquired four industrial buildings in the I-81 / I-78 Corridor of Eastern Pennsylvania from KBS Real Estate Investment Trust II. The Newport Beach, CA-based REIT sold its I...
One can forgive commercial property owners if they seem a bit giddy lately. Just four short years ago, their property values had been cut in half in the wake of the crippling global economic recession...
Simon Property Group (NYSE: SPG), in what could be a prelude to a takeover bid of a smaller rival, disclosed it has accumulated a 3.6% ownership stake, or 5.71 million common shares, this year in The Macerich...


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