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Historic NYC Office Property is Subject to UCC Foreclosure

Historic NYC Office Property is Subject to UCC Foreclosure

by Phil Hall | Apr 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Ocean West Capital Partners, a real estate investment, operations, and management platform headquartered in El Segundo, California, announced it has led a UCC foreclosure of 285 Madison Avenue, an office property in New York City. The 26-story, 511,000-square-foot...
LendingClub Pays $74.5 Million for New San Francisco HQ Building

LendingClub Pays $74.5 Million for New San Francisco HQ Building

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, is acquiring a 233,887-square-foot property in San Francisco for $74.5 million that will serve as the company’s headquarters beginning in Spring 2026. The bank plans to occupy 100,000...
Vitamin Shoppe Retail Chain Sold to Private Equity Firms

Vitamin Shoppe Retail Chain Sold to Private Equity Firms

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Vitamin Shoppe, a retailer of vitamins and nutritional supplements, has been acquired from the private equity firms Kingswood Capital Management LP and Performance Investment Partners LLC. Headquartered in Secaucus, New Jersey, The Vitamin Shoppe conducts business...
Coldwell Banker Opens Office in Poland to Focus on Commercial Real Estate

Coldwell Banker Opens Office in Poland to Focus on Commercial Real Estate

by Phil Hall | Apr 14, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Coldwell Banker Real Estate has expanded its presence in the European commercial real estate market with the opening of an office in Poland that brings the firm Nuvalu into the company’s global network. The Warsaw-based Coldwell Banker Commercial Nuvalu is led by...
New Jersey Shopping Plaza Sells for $44 Million

New Jersey Shopping Plaza Sells for $44 Million

by Phil Hall | Apr 11, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hazlet Town Center, a 190,000-square-foot shopping plaza in Hazlet, New Jersey, has been sold for $44 million. Based along the Route 35 retail corridor, the property is approximately 90% leased and anchored by Aldi, Burlington and Urban Air. The sale did not include...
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