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Report: Trophy sales a sign of perfect storm in capital markets
05
Neil Helman An increase in the number of large, class A office buildings that have come to market since the beginning of the year may signal that the New
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SELLING POINTS: CBRE announces the sale of Merritt River Apartments
07
● JLLNJ warehouse trades for $32M A 292,466 s/f industrial warehouse in Mount Laurel has traded for $32.2 million. Black Creek Industrial REIT IV Inc.
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ON THE SCENE: Compass tapped for Village portfolio, Cushman & Wakefield sells two Astoria sites
06
AGENTS Victor Menkin Realty has been retained for the NNN lease of a retail, restaurant, bar opportunity at 795 8the Avenue between 48th and 49th Street
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SELLING POINTS: Related sells low income complex for $36M
08
● HODGES WARD ELLIOT Related sells low income complex for $36M The New York office for Hodges Ward Elliott (HWE) arranged the $36 million sale of the 252-unit
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Avison Young moves Rivkin Radler to Madison Avenue
05
Avison Young announced that Rivkin Radler LLP has signed a lease at 477 Madison Avenue, a 24-story office building located between 51st and 52nd Streets
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SELLING POINTS: Artemis flips 204 5th Ave, HFF deals NJ shopping center
07
● SOTHEBY’S INTERNATIONAL REALTY Artemis offloads $42M Flatiron building One year after paying $29.5 million for the former bank building at 204
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Marx scoops up two Bowery buildings for $48.5M
07
Marx Realty has purchased a pair of Bowery office buildings from a joint venture for $48.5 million. JAMES NELSON The New York-based landlord and developer
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GSA renews at Nuveen’s 86 Chambers Street
07
Cushman & Wakefield has arranged two office lease renewals totaling nearly 82,000 s/f at 86 Chambers Street near City Hall. Cushman &
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Extell unveils plan for 400,000 s/f medical office building on Upper East Side
06
Extell Development Company has announced it will be developing the first Class A medical office building on Manhattan’s Upper East Side at 403 East 79th Street.
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ON THE SCENE: Avison retained to sell condo
07
AGENTS CARTER LOVEJOY The Tri-State Investment Sales Group at Avison Young has been retained to sell a triplex penthouse office condominium at 20 West
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SELLING POINTS: Orbach sells Canterbury for $32.5M, Barings buys industrial sites
05
● AVISON YOUNG Orbach sells The Canterbury The Orbach Group has sold The Canterbury rental building on the Upper West Side for $32.5 million.
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Physical therapists to open new 40,000 s/f headquarters facility
07
Ted Stratigos, Principal and Managing Director of the Long Island office for Avison Young, announced that the firm arranged a 15-year, 40,000 s/f lease