News:
Brokerage
Posted: January 27, 2014
Sabre Real Estate Group arranges 16,707 s/f lease for blink fitness in Route 22 retail center in Union, N.J.
Sabre Real Estate Group LLC, the metropolitan region's newest retail brokerage, has arranged a lease in Union, N.J., on behalf of Blink Fitness, the affordable national gym chain.
Blink Fitness, whose prototype unit was designed by architect and scenic designer David Rockwell, leased 16,707 s/f in the Route 22 Retail Center at 2700 U.S. 22 in Union N.J. The new gym is expected to open by Q2 2014
The center is owned by DDR Corp., a self-administered and self-managed, publicly traded real estate investment trust.
"This is a terrific location for Blink, a power center whose tenants include Target, Petco, Babies R Us and Dick's Sporting Goods," said Scott Sher, senior vice president of Sabre.
Sabre is Blink's exclusive real estate broker for New Jersey and Long Island, NY.
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi
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
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
