Deals & Dealmakers
No more lines and robo-clerks; Whatʼs ahead at the grocery store
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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
Deals & Dealmakers
Morzello makes history as first woman to win REBNY management award
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CBRE’s Theresa Morzello made history last week when she became the first woman to win the Real Estate Board of New Yorkʼs Edward A. Riguardi Commercial
Deals & Dealmakers
ON THE SCENE: AY marketing Opportunity Zone investment; Besen has industrial offering
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AGENCY ASSIGNMENTS The Tri-State Investment Sales Group for Avison Young has been named the exclusive agent for the sale of a newly-developed, 7-story
Deals & Dealmakers
SELLING POINTS: Lightstone closes on $53M Bronx buy; Harbor Group sells 466-unit CT property
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●CUSHMAN &WAKEFIELD Lighstone closes on $53M Bronx buy David Lichtenstein’s Lightstone Group has closed on its $53 million purchase of a trio
Deals & Dealmakers
SELLING POINTS: Nolita retail spot sells for $14M, Compass closes on seven Village storefronts
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● AVISON YOUNG Nolita retail spot sells for $14M Avison Young announced the closing of 262 Mott Street in Nolita. The 5,831-square-foot, ground-floor retail
Deals & Dealmakers
WHO’S NEWS: CBRE Promotions, JLL expands
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CBRE Group, Inc. announced a series of executive leadership promotions: Jim Reid will assume new leadership responsibilities as chief operating officer
Deals & Dealmakers
LEASES: GFP leases 10,000 s/f in Garment Center, Kaufman brings travel firm to Fifth Avenue
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NEW YORK The Kaufman Organization announced that Domio, an upscale, tech-focused travel and hospitality firm, has signed a five-year, 8,000 s/f lease to
Deals & Dealmakers
LEASING: AY closes 3 office deals, Goldschmidt brokers 10-year lease
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NEW YORK MITTI LIEBERSOHN Avison Young closed three separate office leases on behalf of ownership at 211 East 43rd Street for pre-built spaces.
Deals & Dealmakers
SELLING POINTS: Stamford multifamily trades for $78M; Fordham portfolio hits market
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● CBRE Stamford mutlifamily trades for $78M CBRE announced the $78 million sale of Element One, a 183-unit residential property in Stamford, Conn.
Residential
SELLING POINTS: KRE group continues to bolster NJ apartment portfolio; George Comfort buys Wʼchester office park
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●KRE GROUP / VERDE CAPITAL KRE adds more multifamily KRE Group, in partnership with Verde Capital, has acquired a 304-unit garden-style apartment property
Construction & Design
E-sales push warehouse construction through roof
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KEVIN DUDLEY Warehouse construction has reached unprecedented levels in the U.S. due to e-commerce demand, and conditions in many markets indicate that
Deals & Dealmakers
Paramount sells Zero Bond Street for $130M
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The Paramount Group has sold Zero Bond Street, also known as 670-674 Broadway, for $130.5 million. CBRE announced the sale of the 70,000 s/f five-story