BXP Selling 7 Times Square Ground Lease

Jul 20, 2026

In a test of the appetite for Times Square offices, BXP has hired Will Silverman and Gary Phillips at Eastdil Secured to market the 7 Times Square ground lease, Commercial Observer has learned. BXP expects to ask from $700 million to $750 million. A source close to the deal said the price will be just […]

Capital Markets U.S. National New York

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Brookfield Takes a Major Stake in Healthpeak Properties’ $2.1B Portfolio

Brookfield Asset Management has established a joint venture with Denver-based real estate investment trust (REIT) Healthpeak Properties for an interest in its vast medical property portfolio. The capital partnership, announced Monday, hands Brookfield and its affiliates a 49 percent interest in Healthpeak’s 86…

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via Commercial Observer·Posted today·Published Jul 20, 2026Read

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Instacart Takes 26K SF at ESRT’s 111 West 33rd Street

Grocery delivery app Instacart is getting a bigger home in Midtown. The San Francisco-based technology company has signed a 26,134-square-foot lease at Empire State Realty Trust (ESRT)’s 111 West 33rd Street, the landlord announced Monday. The seven-year lease was signed during the second quarter of 2026, according…

Capital MarketsU.S. NationalNew York

Posted today·Published Jul 20, 2026Read

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Witkoff, Monroe Capital Land $302M Construction Loan for Downtown Miami Rental

Witkoff and Monroe Capital have secured a $302.6 million loan construction loan to build a multifamily tower in Downtown Miami, property records show. The high-rise will include about 890 units and 15,000 square feet of ground-floor retail space at 700 North Miami Avenue, between the MiamiCentral station and the…

Capital MarketsMultifamilyRetailU.S. NationalNew York

Posted today·Published Jul 20, 2026Read

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United Talent Agency Consolidates to 101K SF at ESRT’s Empire State Building

Los Angeles-based United Talent Agency (UTA), known for its high-profile clients, has aptly selected New York City’s most famous office building for its new East Coast headquarters. UTA leased 100,948 square feet at the Empire State Building in a move that will consolidate its various office locations across…

Capital MarketsOfficeU.S. NationalNew York

Posted today·Published Jul 20, 2026Read

Brookfield, CPP Investments to Acquire LXP Industrial Trust for $5.2B

Brookfield Asset Management is lined up for a big industrial acquisition. The global alternative asset manager with more than $1 trillion of assets under management has teamed with the Canada Pension Plan Investment Board (CPP Investments) to acquire LXP Industrial Trust in an all-cash deal valued at approximately…

Capital MarketsIndustrial & LogisticsU.S. NationalNew York

via Commercial Observer·Posted today·Published Jul 20, 2026Read

M&T Lends $26M on NJ Apartments Buy

Goldcrest Properties has sealed $25.5 million of acquisition financing for the purchase of a New Jersey multifamily asset, Commercial Observer has learned. M&T Realty Capital, a subsidiary of M&T Bank, provided the interest-only bridge loan for Goldcrest’s $33.8 million purchase of the 125-unit Hope’s Crossing…

Capital MarketsMultifamilyDebt & FinancingU.S. NationalNew York

via Commercial Observer·Posted today·Published Jul 20, 2026Read

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