News: Brokerage

Zimmerman to serve as first vice president of CB Richard Ellis' downtown Manhattan office

According to Sheldon Cohen, senior managing director of CB Richard Ellis' downtown operations, the firm has appointed Leonard Zimmerman as first vice president. Prior to joining CBRE, Zimmerman served as a managing director at Grubb & Ellis New York, specializing in tenant and ownership representation, strategic real estate planning and market research. During his tenure with the firm, he was instrumental in negotiating several high profile transactions for national and international companies including Qwest Communications Corp. Recently, he completed a 33,000 s/f deal for John Jay College and represented the Screen Actor's Guild for their East Coast office requirements. Zimmerman is an active member of several industry organizations including the Real Estate Board of New York.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their