News: Brokerage

Professional Profile: Rob McDonald, TerraCRG

Name: Rob McDonald Title: Associate Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: Manhattan, N.Y. Education: Williams College, B.A. in History First job outside of real estate: Golf caddy First job in real estate or allied field: Associate at TerraCRG What do you do now and what are you planning for the future? I work as an investment sales associate focusing on multifamily and mixed-use assets in the Bushwick, Bedford-Stuyvesant, and East New York neighborhoods of Brooklyn. How do you unwind from a busy day in real estate? I kick off my shoes and put on some samba music. Favorite book or author: Eric Blair Favorite movie: "Blazing Saddles" Last song you downloaded? "The Heat" by Jungle One word to describe your work environment: Exciting Rules to live by in business: "80% of the business is calling people back" If you could invite one person to dinner (living or dead) who would it be and where would you go? Teddy Roosevelt, Peter Luger Steak House in Brooklyn, NY. What is your dream job? To be the front man of a big band.
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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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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
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.
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
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,