Front Section

The Conference Board signs 20-year 30,171 s/f lease at Global Holdings’ 875 Third Ave.

Manhattan, NY Global Holdings said that global nonpartisan think tank The Conference Board, Inc. has signed a 20-year lease at 875 Third Ave. in Midtown East. A relocation of its headquarters, the nonprofit organization will occupy the entire ninth floor totaling 30,171 s/f.

Electra USA names Walsh as chief financial officer

Manhattan, NY Electra USA, a leading electromechanical contracting company, has appointed Patrick Walsh as the company’s new chief financial officer. A seasoned construction and finance executive, Walsh brings over 30 years of experience leading financial strategy, corporate operations,

Schertz joins Ariel Property Advisors’ investment sales group

Manhattan, NY Ariel Property Advisors hired Sam Schertz as a professional in the investment sales group. Schertz brings over a decade of experience in investment sales and capital markets to the firm and will focus on leading business development and initiatives in Northern Manhattan.

Bozkurt and Zalta of Platinum Commercial lease retail space to Kalsang Pottery in the East Village

Manhattan, NY Kalsang Pottery opened its first retail location at 241 East 10th St. in the East Village, according to exclusive listing agent Platinum Commercial. The shop will feature functional art pieces designed for everyday culinary enjoyment.

ACRE closes $1 billion credit fund to expand lending

New York, NY ACRE, a leading private real estate fund manager focused on U.S. housing, has closed ACRE Credit Fund II, totaling $1 billion in capital commitments raised, reaching the hard cap. The fully subscribed fund marks ACRE’s sixth discretionary vehicle and second dedicated credit fund, underscoring robust

Cofinance Group and Kings Capital
acquire 392 West Broadway for $21 million

Manhattan, NY Cofinance Group and Kings Capital, in a joint venture, have acquired 392 West Broadway, a five-story mixed-use property located in SoHo. The building totals 16,678 existing s/f and 19,315

JLL arranges full floor lease with Bramshill Investments at 45 E 53rd St.

Manhattan, NY JLL has arranged the first lease at the newly-repositioned Park 53, a 140,000 s/f boutique office property located at 45 East 53rd St. in the Plaza District

Huntsman Architectural Group announces promotions

Huntsman Architectural Group announces the promotion of 3 individuals to the position of Senior Associate and 1 individual to the position of Associate. All 4 individuals are already contributing members in the multi-disciplinary firm and will assume their

Ross of Largo Capital completes $3.39 million refinancing

Laval, QC Kevin Ross of Largo Capital Limited has succesfully refinanced 899 Boulevard D’Auteuil, a street front retail podium. This multi-tenanted property offers

Janel Corporation extends lease at GFP’s 80 Eighth Ave.

Manhattan, NY According to GFP Real Estate LLC, Janel Corporation (OTCQX: JANL), a publicly traded holding company that acquires and supports businesses across various sectors, primarily operating through its subsidiaries in logistics