News:
Brokerage
Posted: August 11, 2010
Bonett and Buslik of Adams & Co. broker 28,000 s/f lease to Saks Inc.: The 27,819 s/f lease spans over three connected buildings
Adams & Co. Real Estate, LLC has brokered a 10-year 27,819 s/f lease spanning for Saks Inc. over three connected buildings at 53 W. 23rd St., 49 W. 23rd St. and 30 W. 24th St.
Saks Inc. is operator of Saks Fifth Ave., Saks Fifth Ave. OFF 5th and saks.com.
"Saks Inc. is an iconic New York City brand and is recognized all over the world for exceptional retail stores, high-level customer service, and commitment to the fashion industry," said James Buslik, principal of Adams & Co.
Alan Bonett and Buslik of Adams & Co. represented the tenant and landlord.
Tags:
Brokerage
MORE FROM Brokerage
Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul
St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
Quick Hits
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
.gif)
August Promotion
