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Starchitect Bjarke Ingels moving offices to 50,000 s/f in DUMBO
07
Two Trees Management Company announced that the Bjarke Ingels Group (“BIG”), one of the world’s leading architecture and design firms based in Copenhagen
Deals & Dealmakers
CBRE tapped to find tenants for one million s/f Northeast Logistics Center
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CBRE has been appointed the exclusive leasing agent for the Northeast Interstate Logistics Center, a planned development totaling approximately 1.
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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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No more lines and robo-clerks; Whatʼs ahead at the grocery store
06
The future of the U.S. grocery industry points to a fully automated checkout process, greater emphasis on prepared meals, a proliferation of smaller, convenience-store
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Popeye’s growth spurt continues
08
Restaurant Brands International continues to grow its Popeye’s brand with a new midtown restaurant at 934 Eighth Avenue Louis Franco and Joseph Isa
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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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CBRE: Materials, labor shortages continue to drive construction costs up
08
Despite the global collapse of commodity prices – including many key inputs to construction – overall construction costs continue to rise nationwide in
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Peloton parks up in New Jersey
07
National interactive fitness platform Peloton Interactive has inked a 156,068 s/f industrial lease at 1500 Blair Road in Carteret, New Jersey.
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Hunger for yield driving big gains in net lease sector
07
Net-lease investment — comprising office, industrial and retail properties — increased to $20.9 billion in Q3 2019, the third-highest quarterly total on record.
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Japanese Consulate to keep space at 299 Park Avenue
07
Fisher Brothers announced that it has signed a lease extension with the Consulate General of Japan in New York at 299 Park Avenue, its 42-story Plaza District Tower.
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ON THE SCENE
06
AGENTS Cushman & Wakefield has been retained on an exclusive basis to arrange for the disposition of 37-10 114th Street, a Holiday Inn Hotel in