Diana Sabau

Dalfen Industrial has acquired a 1.4-million-square-foot portfolio from Mapletree Investments for $207.5 million. The deal marks the fifth divestment for Mapletree as it wraps up its 2019 U.S. & European Logistics Private Trust.

Blackstone has secured $154 million from CIM Group’s private credit fund to refinance 2 and 3 MiamiCentral, which are part of a premier, mixed-use development in downtown Miami.

Law firm Robinson+Cole signed a 15-year deal for 48,451 square feet at 100 Park Ave., successfully bringing the Midtown East office tower to 100% leased.

Automation and AI adoption are increasing in warehouses, but structural constraints will see this trend unfold slowly over the next decade. Nevertheless, warehouse demand is already being impacted.

Kurv Industrial has finalized the $52 million sale of a warehouse campus in Pompano Beach, Fla., consisting of three buildings totaling 380,496 square feet. The buyer was Boston-based Bain Capital Real Estate.

The Michael J. Fox Foundation for Parkinson’s Research (MJFF) is preparing for a move to a new location in Midtown Manhattan, N.Y.

Global Net Lease has finalized a merger agreement to acquire Modiv Industrial in a transaction valued at $535 million.

Extell has completed the $500 million acquisition of a block-long construction site at 405-417 Park Ave., the largest piece of the developer’s growing Midtown assemblage.

Redcar Properties has turned over a trio of Euclid Street creative office spaces in Santa Monica, Calif., to its lender, Bank OZK, after defaulting on a development loan.

A joint venture between Brookfield and the Qatar Investment Authority (QIA) has secured a $1.9 billion CMBS loan to refinance 2 Manhattan West.