News: Shopping Centers

CBRE named agent for Hearst Tower retail

CB Richard Ellis has been named exclusive retail leasing agent for Hearst Tower, located on the southwest corner of Eighth Ave. and 57th St. Hearst Tower has two prime, ground-floor retail opportunities available for lease: 12,210 s/f for a single tenant, or to be divided into smaller units and 2,510 s/f for a single tenant.  Richard Hodos, executive VP at CBRE is marketing the retail with sr. VP David LaPierre, sr. associate Steve Sjurset, and associate Janelle Rovegno, who will be working with William Shanahan, vice chairman, to bring in new tenants.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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