News: Brokerage

Profession Profile: Daniel Hakimian, 2014

Name: Daniel Hakimian Title: Investment Sales Associate Company: Highcap Group Location: 57 West 38th Street, New York, N.Y. Birthplace: Great Neck, N.Y. Education: Baruch College, Real Estate Development First job outside of real estate: Cashier/waiter in a Chinese food restaurant. First job in real estate or allied field: Rental agent focused primarily in the East Village. What do you do now? I am working on all types of deals in Midtown, as well as the upcoming areas of Brooklyn. How do you unwind from a busy day in real estate? An intense workout in the gym, then going home and watching TV. Favorite book: "The Alchemist" by Paulo Coelho. This book helped me understand patience is required for success. Favorite movie: "Batman; The Dark Knight" Last song you purchased/downloaded? The Beatles One word to describe your work environment: Exciting. Success can come so suddenly. Rules to live by in business: Honesty. If you are an honest person, good things will happen. If you could invite one person to dinner who would it be? Sir Nicholas Winton, British stockbroker who organized the Czech Kindertransport which sent 669 children to foster parents after Kristallnacht. What is your dream job? Real estate developer.
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Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
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Columns and Thought Leadership
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
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

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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