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Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million

Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million

by Phil Hall | Mar 2, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

SL Green Realty Corp. (NYSE:SLG) and its joint venture partner, Jeff Sutton’s Wharton Properties, announced it has closed on the sale of New York City’s 690 Madison Avenue for $54.5 million. The property is a five-story, 7,850-square-foot commercial building located...
Michael Sartori Promoted to CFO at Dynex Capital

Michael Sartori Promoted to CFO at Dynex Capital

by Phil Hall | Mar 2, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Dynex Capital Inc. (NYSE: DX), a Glen Allen, Virginia-headquartered real estate investment trust focused on residential and commercial mortgage-backed securities, has promoted Michael Sartori to chief financial officer (CFO). Sartori succeeds Robert Colligan as CFO....
Hits and Misses for the Real Estate Week of February 23-27

Hits and Misses for the Real Estate Week of February 23-27

by Phil Hall | Feb 27, 2026 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A lack of housing policy ideas in the State of the Union, a theater chain weighing closing more locations, and a city losing millions in consulting fees over a failed museum project. From the wild and woolly world of real estate, here are our Hits and Misses for the...
Indianapolis’ Martin University Campus Listed at $3.5 Million

Indianapolis’ Martin University Campus Listed at $3.5 Million

by Phil Hall | Feb 27, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Indianapolis campus for the recently shuttered Martin University has been listed for sale at $3.5 million. The Indianapolis Recorder reports the listing encompasses the approximately 8-acre campus plus nine small parcels of land near the campus that are owned by...
Historic Minneapolis Skyscraper Sells for $1

Historic Minneapolis Skyscraper Sells for $1

by Phil Hall | Feb 27, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Minneapolis’ historic Lumber Exchange building is being sold in a $1 transaction. Twin Cities Business reports the 12-story, 225,569-square-foot property is being acquired by Kristi Oman, owner of Space Unlimited, a Minneapolis real estate company focused on restoring...
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