Technology
Digital transformation continues as JLL acquires next genʼ software co.
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JLLannounced an agreement to acquire ValuD Consulting, a provider of IBM software integration and consulting services in the US and India.
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Minskoff celebrates full house at 1166 Avenue of the Americas
07
Edward J. Minskoff Equities Inc. and JLL announced three new leases, totaling 52,106 s/f at 1166 Avenue of the Americas. William Blair &
Deals & Dealmakers
JLL secures 33,000 s/f for flexible Spaces
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JLL has completed a new transaction for Spaces at 413 West 14th Street with building owner Rockpoint Group LLC. Spaces, which offers creative, flexible
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On the Scene: Cushman tapped for 1559 York, TerraCRG hired in Prospect Heights
06
Cushman & Wakefield has been retained to sell a 4,384 s/f ground floor medical condominium at 1559 York Bobby Carrozzo Avenue. Senior managing director
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ICSC leases full floor at MFAʼs flagship tower
07
Mitsui Fudosan America, the U.S. operations of Japan’s largest real estate company, announced that International Council of Shopping Centers (ICSC), has
Deals & Dealmakers
SELLING POINTS: Gaia makes $52M condo buy; Hakimian fund buys Queens development site
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● GAIA REAL ESTATE GAIA continues buying in bulk GAIA Real Estate has acquired 90 condo units in a bulk sale for $52.5 million from the original sponsor
Deals & Dealmakers
Hospitality veteran in rare air as newest CEO at JLL
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JLL has named Gilda Perez-Alvarado chief executive officer of the firm’s Americas Hotels & Hospitality Group, making her one of the firm’s highest-ranking
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LEASES: Cushman & Wakefield bring two to 575 Fifth, WeWork takes Bryant Park space
07
NEW YORK Cushman & Wakefield secured a lease at 575 Fifth Avenue on behalf of the landlord, Beacon Capital Partners & MetLife Investment Management.
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Higher Ground Education leases two NYC properties
08
JLL and Newmark Knight Frank represented Higher Ground Education in two new leases for more than 27,000 s/f in New York City. Higher Ground Education
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Knakal makes move to JLL
07
JLL has hired Robert Knakal as chairman of investment sales with JLL Capital Markets in New York. Knakal will work with Mo Beler, managing director and
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Flex office provider Spaces leases 110,000 s/f in Chrysler Building
07
Spaces, the Amsterdam-based flexible office provider, has signed another major lease in Midtown, just a week after securing a recent Park Avenue lease.
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Puma leases full floor at 5 Penn Plaza
07
Puma has signed a 10-year lease at 5 Penn Plaza, securing almost 30,000 s/f at the 24-story Midtown office building. The athletic wear company will bring