Greenberg of ERG brokers $1.03 million sale of single-tenant Dollar Tree

ERG Property Advisors arranged the sale of a single-tenant Dollar Tree at 711 East 38th St. The property sold for $1.03 million at a cap-rate of 9.1%. The discount store chain tenant, Dollar Tree, Inc. has a net-lease with 4.5 years remaining for a 12,544 s/f building on a 1.32 acre lot. The property is located at a highly traveled intersection with a traffic count of 37,290 vehicles daily. Andrew Greenberg, senior director of the national retail division at ERG exclusively brokered this transaction.

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GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

Manhattan, NY GFP Real Estate closed three office leasing transactions totaling 9,952 s/f at 322 Eighth Ave. in Chelsea, highlighting continued leasing momentum at the recently repositioned office

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Skyline Developers’ 18W55 fully leased in under nine months

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