News: Brokerage

Danut promoted to director of retail leasing at CPEX Real Estate

Brooklyn, NY CPEX Real Estate has promoted George Danut to director of retail leasing. Since joining the team at the end of 2012, Danut has assisted in the lease of 120 retail spaces totaling more than 500,000 s/f, with an aggregate lease value of $400 million. 

This includes lease agreements with such notable tenants as Bed Bath & Beyond, Harbor Freight, LePort Schools, Gymboree Play & Music, Bar Method, and Benefit Cosmetics.

“George has been an integral part of our firm for almost all of our ten years in business,” said CPEX Managing Partner Timothy D. King. “Across George’s different roles at CPEX, his demonstrated acumen and strong work ethic have been a long-standing asset to our success and growth. We are proud to recognize his accomplishments and efforts with this well-deserved promotion.”

Prior to his current role, Danut oversaw CPEX’s research initiatives to provide market data and published reports, along with a variety of other responsibilities for the Operations Team. Fluent in Romanian, Danut previously worked with the Ambassador and a team of diplomats with the Permanent Mission of Romania to the United Nations. He also served as a Research Assistant in the Department of Political Science at Columbia University, graduating in 2009 with a Bachelor of Arts in Political Science.

MORE FROM Brokerage

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.