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ON THE SCENE: This week’s Under $10M sales
07
JON ANGEL Angel Commercial announced that the former site of Joe’s American Bar & Grill Restaurant in Fairfield, CT, has sold for $3,905,000.
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HOK renews 34,000 s/f office lease at 5 Bryant Park
07
Savanna announced that HOK, a global design, architecture, engineering and planning firm, has renewed its 34,039 s/f lease at 5 Bryant Park, a 682,988
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JLL arranges $26M loan for Lightstone logistics deal
07
JLL Capital Markets announced it arranged a $26 million acquisition loan for Lightstone Logistics Center, a newly constructed, 400,000 s/f Class A multi-tenant
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Savanna signs 14,000 s/f office lease with Plaza Construction
07
Savanna has leased 14,405 s/f of office space to Plaza Construction at 360 Lexington Avenue in Midtown Manhattan.  The construction management and general
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KABR sells second NJ office building to Korean investors
07
The KABR Group has sold a second office building in the Overpeck Corporate Center, a 60-acre mixed-use development in Ridgefield Park, NJ.
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ON THE SCENE: This week’s middle market sales, exclusives
07
SALES DEREK BESTREICH Bestreich Realty Group (BRG) announced the closing of 236 Kingsland Avenue in Greenpoint, Brooklyn for $2,375,000.
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Fashion co. emerges from bankruptcy with 200,000 s/f Empire State Building lease
08
Centric Brands, a fashion company that designs and sells brands ranging from Calvin Klein to Under Armour, is set to emerge from bankruptcy with a new
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LEASES: Besen Partners announces that Tripod Design NY, Inc. has leased 2,000 s/f of office space at Chelsea Arts Towers
07
NEW YORK CAROLINE PARDO TerraCRG announced that Forte Construction, a subway contractor, has leased 1,650 s/f of office space at 105 Court Street in Downtown Brooklyn.
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Minskoff signs 120,000 s/f lease with FTI consulting
07
Financial advisory giant FTI Consulting has signed a long-term lease with Edward J. Minskoff for 120,720 s/f at 1166 Avenue of the Americas.
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New REIT locates in IBM Building
07
The global REIT and investment management company formed from the merger of Colony Capital, NorthStar Asset Management and NorthStar Realty will open an
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JLL brokers $19M loan for Sherr acquisition
07
JLL Capital Markets experts have completed a $19 million loan to finance the acquisition of 489 Broadway, a luxury mixed-use property. The group worked
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Investment firm signs Plaza District expansion
07
Sage Realty Corporation, the leasing and management division of the William Kaufman Organization (WKO), announced that global investment firm Cambridge