News:
Brokerage
Posted: April 11, 2011
Time Equities Inc. acquires 62,428 s/f shopping center for $3.8 million
Time Equities Inc. (TEI) has purchased Gateway Plaza, a 62,428 s/f shopping center located at 2701 Church St. for $3.8 million.
"This area of South Carolina is thriving and we see wonderful growth potential here," said Ami Ziff, Director of National Retail for TEI. "The Gateway Plaza is a well-situated property in a busy retail district. We look forward to bringing new retailers into the Shopping Center."
Jeff Winokur of J H Winokur, Inc., represented TEI.
"This is one of our first major ventures into shopping centers in South Carolina. The location of this property makes it a prime investment for us," said Francis Greenburger, chairman of TEI. "We look forward to seeking out more assets in South Carolina to bring our national retail expertise to local properties."
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Columns and Thought Leadership
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,
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,
