SL Green solidifies Park Avenue dominance with $730M trophy acquisition
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, announced Thursday that it has closed the acquisition of Park Avenue Tower for $730 million.
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, announced Thursday that it has closed the acquisition of Park Avenue Tower for $730 million.
Vornado Realty Trust (NYSE:VNO) has finalized the acquisition of 3 East 54th Street, a strategic Manhattan development site, for $141 million.
The deal, completed on January 7, effectively converts a distressed debt position into a fee-simple ownership of 18,400 square feet of prime Plaza District land.
W. P. Carey (NYSE:WPC) announced a record $2.1 billion in investment volume for the full year 2025, achieved at a weighted-average initial cash capitalization rate of approximately 7.6% and an estimated average yield of 9.2%.
UMH Properties (NYSE:UMH) reported a transformative 2025 in its preliminary year-end update, fueled by a record expansion of its rental portfolio and a comprehensive refinancing of its debt stack.
Global Net Lease (NYSE:GNL) has finalized the sale of the McLaren Campus in Woking, England, for £250 million ($317 million), marking the conclusion of a massive strategic disposition program.
Four Corners Property Trust (NYSE:FCPT) has closed the acquisition of an Applebee’s restaurant property in California for $4.3 million, continuing its aggressive pursuit of high-quality, net-leased retail assets.
Strategic Storage Growth Trust III, a private real estate investment trust (REIT) sponsored by SmartStop Self Storage REIT (NYSE:SMA), announced the acquisition of a three-property self-storage portfolio in Spartanburg County, South Carolina.
Four Corners Property Trust (NYSE:FCPT) announced the acquisition of four Mission Pet Health properties for $9.3 million, further expanding its portfolio of high-quality, net-leased restaurant and retail assets.
Franklin BSP Realty Trust (NYSE:FBRT) declared fourth-quarter dividends across its common and preferred share classes as the real estate finance company continues its steady payout schedule.
Whitestone REIT (NYSE:WSR) receives major distribution from Pillarstone estate following bankruptcy settlement, with additional payments expected in 2026.
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