Tag: commercial real estate

Combining the cumulative expertise they have garnered through decades in the residential and commercial real estate industries, respectively, real estate powerhouses Esther Muller and Faith Hope Consolo have formed a strategic alliance to help business newcomers and seasoned veterans take their success to the next level. Together, Muller and Consolo are booking information-packed business-building sessions through the Academy for Coaching and Training (ACT), including speaking engagements, as well as individual mentoring sessions, tailored to the needs of attendees.

Torrance, CA - November 6, 2012 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital, LLC (Mountain) announces the acquisition of a significant portion of remaining land portfolio assets from Forest City Land Group. This includes master planned communities across the country totaling approximately 1,200 residential lots. The projects include a mix of finished lots, partially finished lots and undeveloped land for residential and commercial development. The terms of the transaction were not disclosed.

Torrance, CA - October 26, 2012 - (RealEstateRama) -- Lee & Associates NYC (Lee NYC), the New York office of Lee & Associates Commercial Real Estate Services, a privately-held national commercial real estate firm, today announced it subleased the remaining 2,500-square-foot block of a 12,500-square-foot floor at 311 West 43rd Street to Verse Marketing, a web marketing group, on behalf of Cooper, Robertson & Partners, an architecture and urban planning company founded in 1979. Gabe Issacs, managing director, and Frank Discolo, associate, of Lee NYC conducted the transaction. Andrew Weinstein of Cushman & Wakefield represented Verse Marketing

Torrance, CA - October 26, 2012 - (RealEstateRama) -- Lee & Associates NYC (Lee NYC), the New York office of Lee & Associates Commercial Real Estate Services, a privately-held national commercial real estate firm, today announced it closed on two leases at 244 East 84th Street, a 6-story multi-use building at the corner of 84th Street and Second Avenue it manages and leases.

PRLog (Press Release) - April 11, 2012 - (RealEstateRama) -- Following a flurry of recent new hires that started with top New York City brokers Howard Rosen and John Cannon in January, Lee & Associates NYC does not appear to be slowing its recruitment and hiring activity as the Madison Ave. office adds two more professionals to its already impressive roster. Dennis Someck and Mitchell Kunikoff, whose brother Robert Kunikoff also joined Lee NYC last month, both join the team as executive managing directors and principals, rounding out a new total of 30 brokers in Lee’s New York office.

Torrance, CA - March 26, 2012 - (RealEstateRama) -- Seasoned industry professionals Henry Goldfarb and Stanley Lindenfeld have been named vice chairman and executive managing director of Lee & Associates NYC LLC, respectively. The two retail experts have over 42 years of combined experience within the New York-based real estate markets where they have specialized in retail and commercial brokerage.

Torrance, CA - March 19, 2012 - (RealEstateRama) -- Lee & Associates NYC has taken another step in fortifying its already formidable retail arm with the addition of Robert Kunikoff, a former executive managing director of Grubb & Ellis New York Inc. Kunikoff spearheaded the national and New York Retail Group where he specialized in strategic roll-outs for retailers’ expansion into the New York market. With 25 years of real estate experience, coupled with his impressive list of clients served, Kunikoff will give Lee NYC yet another powerful tool in its arsenal of top retail brokers.

New York, NY - January 11, 2012 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC and owner of the landmark building at 48 Wall Street, announced the signing of a new lease for Situs Holdings, LLC who will occupy 13,650 square feet on the entire 14th floor. With this new lease, the building has now reached 88% occupancy

Somerset, NJ - October 20, 2011 - (RealEstateRama) -- Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that through its New York affiliate, RealStrat® Corporation, the New Jersey based corporate real estate advisory and transaction services firm advised and represented 33Across in the negotiation of that company's headquarters lease transaction. 33Across, a company providing social media targeting technology, will relocate from its original headquarters on the 14th floor of 460 West 34th St, NY into 12,500 square foot on the top (12th) floor of 229-239 West 28th Street, New York by year end 2011. The lease term will be ten years and three months.

NEW YORK, NY - September 15, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced it has hired Todd E. Korren as Principal, Director of Leasing. In his new position, Mr. Korren will be responsible for leasing activity, tenant relations and promoting the Savanna portfolio within the brokerage community. Savanna will continue to engage third party real estate brokerage and property management firms on each of the buildings within its portfolio while Mr. Korren will coordinate leasing activities with these firms and will work directly with existing tenants within the Savanna portfolio

New York, NY - September 6, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced the signing of four new office leases totaling 15,500 square feet at 5 Hanover Square, bringing the building’s occupancy to 82 percent. The 25-story, 333,000-square-foot multi-tenant office building in Manhattan’s Financial District is in the final stages of a comprehensive capital improvement plan. Savanna has leased 35,000 square feet of space since acquiring the Property in September 2010.

New York, NY - August 24, 2011 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $23.75 million senior loan to Bala Cynwyd, PA-based Keystone Property Group. The loan facilitated the recapitalization of a five-building Class A office complex totaling just over 228,000 square feet within Sentry Park West in Blue Bell, PA (suburban Philadelphia). Keystone Property Group acquired the property in 2004. Located at 1777 Sentry Parkway West, the asset is situated near two major thoroughfares, the Pennsylvania Turnpike and Interstate 476

New York, NY - August 17, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, along with Faris Lee Capital, has completed the $18 million recapitalization of a 200,000-square-foot retail center in Normal, IL on behalf of the owner, The Dial Companies, a large Midwest developer. Built in 2007, the center’s anchor tenants include Schnucks Grocery and a 14-screen Starplex Theater. The center is currently 70 percent occupied and has 12 outparcels available for future sale, lease or development

New York, NY - August 11, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that Jonathan J. Dean has been appointed Senior Vice President and Director of Commercial Leasing. Mr. Dean brings 25 years of commercial real estate experience in New York City from such top tier firms including Cushman & Wakefield and Jack Resnick & Sons.

New York, NY - August 11, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that William Hodel has been appointed Property Manager at Swig Equities. In his new position, Mr. Hodel will direct the overall day-to-day operations of several of the commercial high-rise office buildings in the company’s FiDi (Financial District) portfolio. He will also serve as a liaison for the company in overseeing tenant relations and will coordinate all tenant construction and major building projects.

New York, NY - June 13, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced it has appointed Kevin Hoo, a former Tishman Speyer executive, as Vice President. In his new position, Mr. Hoo will manage assets in the firm’s portfolio, oversee and coordinate development, along with leasing and repositioning Savanna properties. He will also be involved in acquisition underwriting, financial modeling and deal structuring.

New York, NY - March 8, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced that Odyssey Financial Technologies has signed a 10-year lease for 7,500 square feet of commercial office space at 5 Hanover Square in Manhattan’s Financial District. The asking rents in the building start in the low $30’s per square foot. The company, a global banking software solutions provider, will occupy part of the 20th floor of the 333,000-square-foot, 25-story building, which is currently undergoing a comprehensive capital improvement plan.

New York, NY - February 16, 2011 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that the firm has purchased clean, renewable energy for 80% of its commercial office buildings in Manhattan’s FiDi (Financial District) neighborhood. Swig Equities signed a one-year contract with Green Mountain Energy Company for the company to provide green electricity from sustainable sources

New York, NY - January 6, 2011 - (RealEstateRama) -- Savanna and Monday Properties announced today the closing of a $58 million loan for 386 Park Avenue South. The new partners of the 20-story, Art Deco office building additionally announced that Chase Bank has signed an 11-year lease renewal of its 12,000-square-foot retail space.

New York, NY - November 29, 2010 - (RealEstateRama) -- Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that Todd E. Korren has been promoted to Executive Vice President and Director of Commercial Leasing and Operations. Mr. Korren, a 26-year real estate veteran, previously served as Senior Vice President and will maintain his current role as Director of Commercial Leasing and Operations.

A panel discussion by business professionals in Mount Vernon painted a local real estate market whose commercial sector was stronger than the residential. Maybe it...