J.P. Morgan Global Real Estate: Daily News and Research Summary

Research evidence excerpt

J.P. Morgan Global Real Estate: Daily News and Research Summary

J P M O R G A N North America Equity Research

24 July 2026

J.P. Morgan Global Real Estate

Daily News and Research Summary

Americas REITs & Real Estate Services

Anthony Paolone, CFA AC

• Property & Building Corporation has placed the office tower at 10 Bryant Park (1-212) 622-6682

in New York City, up for sale and is seeking more than $800 million, anthony.paolone@jpmorgan.com

Commercial Observer reported. The circa-1980s tower was recently J.P. Morgan Securities LLC

renovated. The property last traded in 2010 for $330 million. Link to the article Michael W. Mueller, CFA AC

(subscription required). (1-212) 622-6689

• Core Spaces has announced the closing of a four-property portfolio of purpose- michael.w.mueller@jpmorgan.comJ.P. Morgan Securities LLC

built student housing communities totaling more than $300 million. The

Adrian E Huerta

portfolio consists of more than 2,000 beds across four communities located (52-81) 8152-8720

adjacent to leading public universities. The portfolio has an average vintage of adrian.huerta@jpmorgan.com

approximately eight years and is currently 99% occupied. Link to the press J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P.

Morgan Grupo Financiero

release.

Richard Jones, CFA

• Empire State Realty Trust has placed its mixed-use building at 1359 Broadway (61-3) 9633-4038

in New York City, up for sale and is expected to fetch around $225 million, richard.b.jones@jpmorgan.com

Commercial Observer reported. The buyer will acquire the fee simple interest J.P. Morgan Securities Australia Limited

in the 486,000 sf, 22-story office and retail property. Link to the article Neil Green, CFA

(subscription required). (44-20) 7134-4478

neil.d.green@jpmorgan.com