News: Brokerage

Gorjian of Namdar completes acquisition of Big Lots Shopping Center

Joel Gorjian, Namdar Realty Group Joel Gorjian, Namdar Realty Group
West Mifflin, PA Joel Gorjian and Namdar Realty Group have completed the acquisition of the Big Lots Shopping Center in West Mifflin. “This is a strong retail trade area, just south of downtown Pittsburgh. There are six retail centers and malls within a one-mile radius of this center. We like the underlying real estate and intend on holding long-term” said Gorjian of NRG. The group purchased the ground lease with Big Lots that dates back to the early 80’s.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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