Gorjian of Namdar Realty Grp. acquires 200,000 s/f shopping center in Ohio
Private investment firm, Namdar Realty Group's recent acquisition consists of a 200,000 s/f shopping center. Namdar's, Joel Gorjian led the firm with the acquisition. The shopping center has significant upside due to the 30% vacancy.
"The property was terribly managed, all leases are rolling, this is a typical deal we target. We see the value of the deal with leasing up the 30% vacancy and running the shopping center up to par," said Joel Gorjian.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent