News: Brokerage

NKF's Goodkind, Ohls and Rosencrans handle 8,000 s/f in three leases

The recent renovation and repositioning of Wilton 372 as a boutique Class A property continues to deliver excellent leasing activity for owner Luzern Associates LLC and affiliated entities as it competes for office tenants in the Fairfield County marketplace. Three leases for 8,000 s/f have recently been signed at the building by Relocation Taxes, LLC, Northwestern Mutual Financial Network, and Systra Consulting, Inc. The three transactions follow the 39,000-s/f burst of leasing at Wilton 372 late last year, comprised of leases by Boyce Benefits Group, Euro RSCG Discovery, Kantar Retail; Leukemia and Lymphoma Society, Inc., and Drinks Americas Holdings LTD. Newmark Knight Frank managing principals John Goodkind and Gilbert Ohls, and executive managing director Richard Rosencrans handle leasing for Wilton 372.
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Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
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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.
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,
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