Manhattan, NY Cushman & Wakefield arranged a 5,000 s/f retail lease for WeWearAustralian at 69 Mercer St., marking the international retailer’s debut in the U.S. The unique concept serves as a department store
In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
New City, NY Cronheim Mortgage has arranged $33.275 million of bridge financing for New City Center, a 128,801 s/f grocery-anchored shopping center. Dev Morris, Allison Villamagna, Brandon Szwalbenest, and Andrew
Brooklyn, NY The first Hyatt-branded hotel in Brooklyn has now debuted, adding a modern hideaway to the city’s cultural district. St. Louis-based Midas Hospitality and its partner ACRES Capital
Laval, Québec Kevin Ross of Largo Capital Limited arranged a $5 million refinance for a single-tenant retail pharmacy property in Chomedey. The 17,879 s/f property is 100% occupied by Shoppers Drug Mart.
London, UK Savills, alongside investment bank Lazard, has been jointly appointed by Landsec to sell the freehold of its one acre island site at Piccadilly
Manhattan, NY According to Lee & Associates NYC, The UPS Store, a shipping, printing and business services retailer, has signed a 10-year lease for 3,900 s/f at 149 West 36th St. in the Garment District.
Nanuet, NY Metropolitan Realty Associates LLC (MRA), led by CEO and founder Joseph Farkas, has signed Best Buy to a 35,500 s/f lease at 5101 Fashion Dr. Best Buy will occupy a portion of the ground floor of the former
Palm Beach, FL Adirondack Capital Partners (ACP), has arranged the $43 million sale of 225 Worth Ave., a retail property in the town’s premier luxury shopping corridor.
Bronx, NY OPEN Impact Real Estate (OPEN), one of the largest woman-owned commercial real estate services companies specializing in nonprofit real estate, represented Mercy Center — a locally-based nonprofit providing
Manhattan, NY Avison Young brokered the sale of a 22,285 s/f retail building located at 446 W 14th St. in the Meatpacking District for $23.5 million to a joint venture between Klosed Properties and Namdar Realty Group. The property is fully leased to Puttery, an upscale mini golf bar concept.
Bronx, NY Invictus Property Advisors, co-founded by Josh Lipton and Andrew Levine, sold a 35,000 s/f corner retail property in the Morris Park section of the city for $9.9 million, reflecting a 6.5% capitalization rate. The fully