Musalo of Greiner-Maltz sells 45,000 s/f distribution facility for $3.5 million
Greiner-Maltz of N.J. has sold a 45,000 s/f, one-story, rail-served distribution facility located at 107 Industrial Dr. to Starr Snacks for $3.5 million. Starr Snacks, currently owns the adjacent property, which they now use as a manufacturing plant.
Raymond Musalo of Greiner-Maltz, N.J. represented the purchaser, William Waxman and Nicholas Nitti of CBRE, represented the seller.
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
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
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
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
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.