News: Brokerage

Newman, Zaccagnino and Caracappa of W&M renew and expand 3,497 s/f for Chemlube

According to Jeffrey Newman, executive VP of W&M Properties, Chemlube International, Inc. has signed a renewal and expansion lease for 3,497 s/f on the third floor of 500 Mamaroneck Ave. W&M Properties is the marketing and management agent for the building. Chemlube markets base oils, finished lubricants and fuels, including alternative fuels. It had been occupying 2,597 s/f on the third floor, and now has expanded its space by 900 s/f and renewed for a term of five years. Newman represented the landlord in this transaction, with assistance from senior leasing associate Kimberly Zaccagnino and assistant VP Kathleen Caracappa. Eric Goldschmidt of Goldschmidt & Associates represented the tenant. 500 Mamaroneck Ave. is a five-story, 285,000 s/f, multi-tenanted office building.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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.
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
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