News: Brokerage

Bertwood Realty arranges 1,500 s/f lease

Manhattan, NY Bertwood Realty has signed a 1,500 s/f  lease for the French cookie maker Michel et Augustin at 98- 4th St. 

The landlord is Bond MM, LLC, c/o Abra Management and was represented by James Stubbs and Jimmy Armstrong from Brooklyn Bridge Realty. Bertand de Soultrait and Abe Bichoupan of Bertwood Realty represented Michel et Augusti.

Michel et Augustin entered the U.S. market with a splash, landing Starbucks as a client earlier this year. With over 400 whole sale accounts now in the country, Michel et Augustin is poised to become a major player in the cookie market. “When I was in France last year,” said Bertand de Soultrait, president of Bertwood Realty, “I noticed Michel et Augustin goods all over Paris. They have a great reputation for quality and great taste, plus their playful approach to marketing is infectious, so much so, when Michel and Augustin simply showed up in Seattle to pitch Starbucks, they managed to land the account.”

Known as the Ben and Jerry’s of France, and over $50 million in sales worldwide, the space in Brooklyn will be used as a base to coordinate wholesale sales and marketing.

MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced