Posted on 2/5/20
Avison Young Wins Big at IFMA New York City 2020 Awards for Excellence Ceremony
The New York Chapter of the International Facility Management Association (IFMA) honored Avison Young with three awards for design and construction, environmental impact and corporate volunteerism . . .
Posted on 2/4/20
Macy's To Close 125 Stores
NEW YORK--(BUSINESS WIRE)--Macy’s, Inc. (NYSE: M) today announced an updated strategy and three-year plan designed to stabilize profitability and position the company for growth. “We have . . .
Posted on 2/4/20
CBRE Appointed Exclusive Sales Agent For Mixed-Use Portfolio In The West Village And Williamsburg
CBRE today announced it as been retained as the exclusive sales agent for a portfolio of two renovated and fully leased mixed-use properties located in the . . .
Posted on 2/4/20
National Office Market Withstands Hints Of Deceleration Due To Sustained Job Growth
U.S. office market report. Annual average asking rental rates grew 2.3% year over year, ending the quarter at $27.08 per square foot. Markets exhibiting the greatest . . .
Posted on 2/4/20
Tishman Speyer Finalizes Full Building Lease in Downtown Brooklyn
Tishman Speyer, one of the world’s leading developers, owners, operators and asset managers of first-class real estate, today announced a 20-year lease agreement with the Whittle . . .
Posted on 2/4/20
Matthew Tosto Joins Goulston & Storrs’ Real Estate Group in Boston
Goulston & Storrs, an Am Law 200 firm, is pleased to announce that Matthew Tosto has joined the Boston office
Posted on 2/4/20
Labor And Land Costs To Impact Seniors Housing Development In 2020
Total Cost for a Seniors Housing Development Up 6.4%, Average Returns Rise to 9.5%Seniors housing development costs are expected to rise modestly in 2020, with labor . . .
Posted on 2/4/20
Lexerd Capital Management Sponsored Fund Acquires Multifamily Property in Louisville, KY
SUMMIT, N.J.--(BUSINESS WIRE)--Lexerd Capital Management LLC, a New Jersey-based sponsor of private equity funds, announced today that one of its funds has acquired “Anchorage Viera” a . . .
Posted on 2/4/20
Neuberger Berman Adds Almanac Realty Investors
Neuberger Berman, a private, independent, employee-owned investment manager, announced the acquisition of Almanac Realty Investors. The addition of Almanac deepens Neuberger Berman's real estate solutions, complementing . . .
Posted on 2/4/20
New Pennsauken Purchase Facilitated by Colliers
Ian Richman and Marc Isdaner of Colliers International’s Mount Laurel office have represented The Bloom Organization in the sale of 2301 Haddonfield Road in Pennsauken, a 37,856 . . .
Posted on 2/4/20
Compass Takes Over Sales At Watchcase In Sag Harbor
Real estate technology company Compass announces the firm is taking over sales at Watchcase Condominiums, Sag Harbor’s premier luxury new development complex. Cee Scott Brown, Jack . . .
Posted on 2/3/20
Halstead Agents Recognized as 2019 NJ Realtors Circle of Excellence Sales Award Winners
Halstead, a leading residential real estate brokerage in New York, New Jersey and Connecticut, announced that 13 of its New Jersey agents were recognized as 2019 . . .
Posted on 2/3/20
JRT Realty Group Brokers Three Largest Queens Lease Transactions Of 2019
JRT Sees Western QueensMarket as Ascendant in the Wake of the Amazon Split JRT Realty Group is pleased to announce that the firm brokered three of . . .
Posted on 2/3/20
Suffolk County Industrial Facility Sells, Brokered By Marcus & Millichap
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of . . .
Posted on 2/3/20
Marcus & Millichap Brokers Sale of $33M Williamsburg Development Site
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of . . .
Posted on 2/3/20
Little River Industrial Building Fetches $4 Million
Brooklyn-based Abingdon Square Partners acquired a 25,606-square-foot industrial building in Little River for $3,985,000, or $159 per square foot. The 1956-built property, which is situated on . . .
Posted on 2/3/20
Maria Belen Avellaneda Of Compass Lists $2.8M Apartment In Upper East Side At 300 East 64th
Maria Belen Avellaneda of Compass is pleased to announce the exclusive rental listing of Unit 25B at 300 East 64th Street on the Upper East Side. . . .
Posted on 2/3/20
Madison Capital And Meadow Partners Recapitalize 850 Third Avenue In Sunset Park, Brooklyn With $300M Investment
850 Third AveMadison Capital and Meadow Partners are pleased to announce the recapitalization of 850 Third Avenue, known as Liberty View Industrial Plaza, a 1.3 million-square-foot, . . .
Posted on 2/3/20
Short-Term Rentals Now Are Big Competition for Hotels, But Upstart Industry Reaching Limits of Urban Expansion
At 16.8 Percent, NYC Among Markets with Highest Penetration of Short-Term RentalsThe short-term rental (SRT) industry will expand to roughly 650,000 actively rented units in the . . .
Posted on 2/3/20
Sheltering Arms Signs 25,000 SF Headquarters Lease, Sells Portion of Former Location for $7.5M
Transwestern’s Nonprofit Advisory Services Team Counsels Agency in Both TransactionsTranswestern Commercial Services (TCS) today announces it represented Sheltering Arms in two transactions: a 25,000-square-foot headquarters lease . . .
Posted on 2/3/20
BlueLinx Announces Completion of Nine-Property Sale-Leaseback Transaction; $34 Million in Net Proceeds Results in Significant Debt Repayment
MARIETTA, Ga., Feb. 03, 2020 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, today . . .
Posted on 2/2/20
Lightstone Value Plus Real Estate Investment Trust V Extends Tender Offer
Lightstone Value Plus Real Estate Investment Trust V, Inc. today announced that it has extended the expiration date of its outstanding tender offer for shares of . . .
Posted on 2/2/20
Besen Partners Marketing Two Far Rockaway Hotels for Sale
Besen’s Hotel Advisory Group named exclusive agent for 146-key Best Western And Wingate by Windham Properties at 10-21 and 10-25 Beach 21st Street Besen Partners Hotel . . .
Posted on 2/2/20
Bohemia Realty Group Hosts January 2020 Workshop, 1/29, 7pm “First-Time Home Buyers”
Leading Harlem-based brokerage hosts free open-to-the-public workshop At Harlem Headquarters at 2101 Frederick Douglass Blvd. Bohemia Realty Group, the full-service real estate brokerage specializing in the . . .
Posted on 2/2/20
Meridian Properties Buys Lefferts Garden Multi-Family
Brooklyn-based real estate firm acquires 177 Lenox RoadAn affiliate of Meridian Properties, LLC, a full-service Brooklyn-based full-service real estate firm, has purchased 177 Lenox Road, a . . .
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