News: Shopping Centers

French and Golub of Sperry Van Ness complete freestanding Starbucks sale: $835,300

According to Sperry Van Ness (SVN), the firm has completed the sale of a Starbucks located at 2441 Watt St. for $835,300. Joseph French and Neil Golub of SVN in White Plains, represented the seller, a private company out of Latham, and the buyer, a private investor out of Flushing. The property is 1,650 s/f and sits on 1.30 acres. Founded in 1987, Sperry Van Ness is one of the largest and fastest-growing commercial real estate brokerage firms in the industry, with more than 990 advisors in over 150 locations. Sperry Van Ness delivers results for clients through a proven business model that immediately markets every one of its clients' properties to the entire brokerage community as well as its own investor data base. Based in Irvine, Calif., the firm operates internationally and provides brokerage, consultation, asset management, property management, leasing, accelerated marketing, and auction services. Sperry Van Ness represents clients in billions of dollars annually in office, multifamily, retail, industrial, self-storage, hospitality and land transactions.
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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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