News: Brokerage

Gorjian of Namdar Realty secures sale of West Park Shopping Center

Joel Gorjian of Namdar Realty Group closed on the sale of the 158,000 s/f West Park Shopping Center. The center on Park Ave. West includes tenants such as: Dollar General Market, Citi Trends, Rent-A-Center, Midas and Roses's Beauty Supply. Gorjian and Namdar Realty's strategy on the West Park Shopping Center is to add value through major lease up. This marks the 8th closing for the group in 2015.
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SCRE expands Brooklyn family retail sector through dual closings

Brooklyn, NY Saugatuck Commercial Real Estate (SCRE) has finalized two retail leasing transactions targeting family-oriented services. Both long-term leases were brokered by Erika Tulsi, Licensed Real Estate Associate at SCRE.
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Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
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