Regions Northeast
Sony Building Chosen Corporate Facility of the Year
May 7, 2008

Grubb & Ellis Co. has announced that 550 Madison Ave. was selected by the Mid-Atlantic Building Owners and Managers Association as Corporate Facility of the Year. Also known as The Sony Building, 550 Madison Avenue is managed by a Grubb & Ellis team led by John McGinley and Bart McDade.  As a result of the regional award, the building is now a contender for BOMA’s National Corporate Facility of the Year award, to be announced in June.

 
Recent Northeast Headlines
Clock is Ticking on Sale of  Huge Brooklyn Housing Complex
Sept. 08, 2008
The finish line is in sight for the competition to acquire nearly 6,000-unit Brooklyn apartment complex that will command the highest price for a U.S multi-family property this year and rank among the biggest transactions in any category.
Souring Economy Brings NYC Office Market Back to Earth
Sept. 05, 2008
After a typically quiet summer, a souring economy and struggling financial markets will soon cause the other shoe to drop on the Manhattan office market, according to local analysts.
Financing Closes for New Jersey Retail/Office Center
Sept. 05, 2008
The 185,000-square-foot office and retail property at 2143 State Route 35 in Holmdel, N.J., has been financed to the tune of $17.4 million.
avenir HFF Arranges $90M Loan for New Archstone M-F Project in Boston
Sept. 05, 2008
Development of Archstone Avenir, a 241-unit luxury apartment community in Downtown Boston, is moving forward with help from a $90 million construction loan arranged by the Boston and Dallas offices of Holliday Fenoglio Fowler L.P.
Lenders Go After Macklowe Over $510M Loan
Sept. 04, 2008
Deutsche Bank AG and other lenders are suing Macklowe Properties Inc. to foreclose on a $510 million loan the company took out to develop the site of the Drake Hotel in New York City.