Category: Brokerage
BXP closes fourth quarter 2024 with more than 2.3 million s/f of leases; total 5.6m s/f in 2024
February 25, 2025
Manhattan, NY BXP signed 2.3 million s/f of leases in the fourth quarter of 2024 with a weighted-average lease term of 10.3 years, bringing BXP’s total leasing activity for 2024 to 5.6 million s/f. The leasing volume is the strongest
Drees & Sommer joins forces with VVA Project & Cost Managers
February 25, 2025
Manhattan, NY Drees & Sommer has merged with VVA Project & Cost Managers. The merger marks Drees & Sommer’s debut into the U.S. market and will leverage the strengths of both companies, combining Dre
Fisher Brothers and Alaska Permanent Fund
secure $500 million refinancing for 299 Park Ave.
February 25, 2025
Manhattan, NY Fisher Brothers together with Alaska Permanent Fund Corp. have completed a $500 million refinancing of 299 Park Ave. provided by Citi and J.P. Morgan. The 1.17 million s/f class A office tower is 95% leased and anchored by industry-leading tenants such as Capital One, King Street Capital and
Avdoo & Partners purchases 242 East 71st St. development site for $52 million
February 25, 2025
Manhattan, NY Avdoo & Partners Development closed on 242 East 71st St. on the Upper East Side. Avdoo purchased the site for $52 million and Valley Bank provided the loan for the deal. As the firm grows its portfolio across Manhattan and Brooklyn, this acquisition signifies Avdoo’s first
Forever chemical risk in by-product of wastewater treatment - by Jesse Hiney
February 25, 2025
On January 14, 2025, the U.S. Environmental Protection Agency (EPA) issued a draft risk assessment to evaluate the disposal of sewage sludge containing the forever chemicals PFOA and PFAS. Sewage sludge refers to the nutrient-rich biosolids that remain after wastewater is sent to a wastewater treatment plant
North Bridge names Martinez as vice president
February 25, 2025
Manhattan, NY North Bridge ESG LLC (North Bridge) has appointed Caissa Martinez as vice president. Martinez brings extensive expertise in real estate finance and development, further strengthening North Bridge’s ability to deliver innovative capital solutions.
Xing Fu Tang leases 15,085 s/f industrial space
February 25, 2025
Brooklyn, NY According to Madison Capital and Salmar Properties, Xing Fu Tang signed a lease for 15,085 s/f of industrial space on the 4th floor of Liberty Bklyn. at 850 3rd Ave. Casal San Andres of The Buckley Organization represented Xing Fu Tang. David Junik, Mark Caso,
Marcus & Millichap brokers $4.6 million sale of 10-unit multifamily
February 25, 2025
Queens, NY Marcus & Millichap negotiated the sale of a 10-unit multifamily property for $4.6 million. “We extend our congratulations to both the buyer and seller on completing a successful transaction,” said Sean Fopeano. “The property sol
Cornell Tech opens The Bridge - new flexible workspace
February 25, 2025
Manhattan, NY Cornell Tech, the campus of Cornell University dedicated to developing leaders and technologies for the AI era, has opened The Bridge, a new flexible workspace for entrepreneurs, early and mid-stage ventures, and more established companies. Located in the Tata Innovation Center on Cornell
McHugh Furnishings acquires Professional Furnishings & Equipment
February 25, 2025
Uniondale, NY McHugh Furnishings, a provider of specialty furnishings for education, healthcare, entertainment, and multifamily housing, has acquired Professional Furnishings & Equipment
Luckman appointed an inaugural Advisory Board Member of St. John’s University School of Law’s Ce...
February 25, 2025
Uniondale, NY Gerard Luckman, a partner and chair of Forchelli Deegan Terrana LLP’s bankruptcy & corporate restructuring practice group, was recently appointed an inaugural Advisory Board Member
Marcus & Millichap brokers $10.6 million sale of La Quinta Inn & Suites
February 25, 2025
Clifton Park, NY Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services
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