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City investment sales on course to hit $76B this year
07
Investment sales transactions in New York City reached $16.8 billion in the second quarter of this year, the fourth highest quarterly figure on record.
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Devli acquires 460,000 s/f PA industrial property
07
Devli Real Estate has acquired a 461,433 s/f, 38-acre industrial property in Bedford, PA. Located at 550 Sunnyside Road, the property is fully leased to
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580,000 s/f union lease voted Most Ingenious Deal of 2017
07
CBRE New York chief executive Mary Ann Tighe took home her ninth Most Ingenious Deal of the Year Award last night at the annual REBNY celebration to top dealmakers.
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Fifth Avenue building seeking flagship store tenant
08
Cushman & Wakefield has been appointed as the exclusive leasing agent for 161 Fifth Avenue/935 Broadway in the Flatiron neighborhood.
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Selling points: NJ apartment portfolios sell for $29M, Time buys $26M multifamily asset
05
Gebroe-Hammer Associates Two NJ apartment portfolios sell for $29M Gebroe-Hammer Associates’ Managing Director David Oropeza has spearheaded two separate
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SELLING POINTS: Trion picks up mixed-use pair; $17M price tag on Queens package
07
● TRION HOLDINGS Trion picks up mixed-use pair Trion Holdings has acquired two Manhattan buildings for a combined sum of $28.5 million. 818 10th Avenue
Deals & Dealmakers
DTZ to merge with Cushman & Wakefield in $2B deal
00
Cushman & Wakefield and DTZ have reached an agreement to merge and are set to become one of the largest global real estate services companies.
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Kaufman welcomes five new tenants to Madison Square portfolio
06
Kaufman Organization announced that it signed five new leases totaling in 34,549 square feet for its Madison Square Portfolio. The Madison Square Portfolio
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Fisher Brothers leases 100,000 s/f at 299 Park
07
Fisher Brothers announced four leases at 299 Park Avenue totaling more than 100,000 square feet. Kelso & Company LP, Crescent Capital Group LP, The
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RFR leases 46,000 s/f at Seagram Building
07
 RFR announced 46,000 s/f of leasing at the Seagram Building, marking an acceleration of deal activity as the firm continues to develop the new Seagram
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CBRE, Cushman arrange 270,000 s/f Justworks deal at 55 Water
05
Justworks, the fastest-growing HR technology company in the country, has committed to a long-term headquarters lease at 55 Water Street.
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Selling Points: Upper East Side property for $45M, BLT buys former Pitney Bowles HQ
07
MARCUS & MILLICHAP Upper East Side property asking $45M Marcus & Millichap announced it has the exclusive right to market for sale 1313-1315 Third Ave.