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Thor Equities and ASB Real Estate Investments Pay $96.5 M for Meatpacking...
Thor Equities and ASB Real Estate Investments’ Allegiance Real Estate Fund have purchased 875 Washington Street in the Meatpacking District for $96.5 million. The 60,000-square-foot, five-story...
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Cushman & Wakefield Advises on $57 Million Capital One Loan for Boston...
Capital One has provided a $56.8 million loan to affiliates of Bethesda-based ASB Real Estate Investments for The Peninsula, a 285,205-square-foot apartment community in Dorchester Bay, Boston,...
View ArticleASB Real Estate Investments Purchasing 155 Mercer Street From Thor for $90M
Bethesda, Md.-based ASB Real Estate Investments is in contract to purchase Thor Equities’ four-story 155 Mercer Street in Soho for $90 million, a source with knowledge of the transaction told...
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On-Demand Meeting Space Provider Breather Inhaling New NYC Spaces
Breather, which provides meeting spaces on-demand, has signed deals for two new locations, Commercial Observer has learned. In one deal, the company inked a 3,707-square-foot lease at Thor Equities and...
View ArticleThor Sells Minority Stake in 875 Washington to Partner ASB Real Estate...
Yesterday, Thor Equities closed on the sale of its less than 40 percent stake in 875 Washington Street in the Meatpacking District to co-owner ASB Real Estate Investments’ Allegiance Real Estate Fund,...
View ArticleJoint Venture Puts Down $47M for Two Sunset Park Warehouses
ASB Real Estate Investments and 60 Guilders have formed a joint venture to acquire two warehouses totaling 209,000 square feet in Sunset Park, Brooklyn, for $47 million, ASB announced today. The...
View ArticleContinuing Its Expansion Streak, Knotel Nails Down 25K SF at 400 Madison Avenue
Office provider Knotel has agreed to take 25,000 square feet of office space at ASB Capital Management’s 400 Madison Avenue in Midtown, Commercial Observer has learned. Knotel signed a 10-year deal...
View ArticleVans Seals Deal for Store in Meatpacking District
Skatewear apparel and shoe company Vans has signed a deal for a 2,000-square-foot store in the Meatpacking District, Commercial Observer can first report. Vans took 2,000 square feet on the ground...
View ArticleKorean Financial Firm Nabs $100M for 400 Madison Avenue Purchase
Korean financial services firm Daishin Securities nabbed $100 million from Midland National Life Insurance Company to facilitate its $194.5 million purchase of 400 Madison Avenue, which closed on Oct....
View ArticleWeWork Inks Leases for Three New Locations in Midtown South, FiDi
WeWork has nailed down three new leases totaling nearly 55,000 square feet in Midtown South and the Financial District for its Headquarters by WeWork offering, the company announced this week. The...
View ArticleASB Pays $124M for Leased Industrial Building in Riverside
ASB Real Estate Investments purchased an industrial building in the Inland Empire for $123.7 million from Washington Capital Management, the company announced. The 1-million-square-foot building, 490...
View ArticleASB Acquires Inland Empire Warehouse For $101M
The Inland Empire in Southern California is ending the year with another major industrial trade, this time for $100.5 million. ASB Real Estate Investments purchased the Bloomington Logistics Center, a...
View ArticleASB Real Estate Hires JBG’s Dean Cinkala as COO
Dean Cinkala, a former partner and managing member at JBG Companies, has joined ASB Real Estate Investments as its new chief operating officer, according to the firm. In his new position, the 34-year...
View ArticleDC’s Decade: Savills Unveils Leasing Gems in Look Back
The Washington, D.C., market has become less government-centric over the past 10 years and is well-suited to continue enticing tenants of all industries to take advantage of favorable market...
View ArticleNoHo’s 625 Broadway Gets a New Lobby
When ASB Real Estate Investments decided to renovate 625 Broadway in NoHo, the landlord had to figure out a way to make a narrow, uninviting lobby into one that might entice new tenants to rent there....
View Article64 New York Avenue NE Office in DC’s NoMa Acquired for $202M
Boyd Watterson Asset Management has acquired 64 New York Avenue NE, a 355,034-square-foot office building in Washington, D.C.’s NoMa submarket, for $201.8 million. ASB Real Estate Investments sold the...
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ASB Real Estate Investments Promotes 4 to New Leadership Positions
ASB Real Estate Investments has made a number of internal personnel changes, promoting four of its staff to new positions. The Washington, D.C.-area-based real estate firm promoted Nicolás Franzetti...
View ArticleASB, Arcland Acquire 8-Building Self-Storage Portfolio in Mid-Atlantic
A joint venture between ASB Real Estate Investments and Arcland Property Co. has acquired an eight-building portfolio of self-storage facilities throughout Virginia and Maryland as part of the $7.4...
View ArticleFinancial Services Firm Coast Inks 8K SF at 625 Broadway
The transit financial services company Coast moved its New York City headquarters to 625 Broadway. Coast, which provides software and credit cards to let companies track and manage the gas expenses of...
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