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Great Ink prides itself on its close relationship with the leading national business and real estate publications. The following is a selection of media placements for Great Ink clients and a brief summary of each.
“Japanese banking giant Sumitomo Mitsui expands in White Plains” — by Akiko Matsuda
Date: May 31, 2017
Client: CBRE – Fairfield/Westchester
Summary: Sumitomo Mitsui Banking Corporation, a Tokyo-headquartered baking and financial services company, has signed a 13-year lease for 101,000 s/f at 1 North Lexington Avenue. Also known as Gateway, the building is a five-minute walk from the White Plains train station. The bank’s lease brings the occupancy rate at the 532,336 s/f property to 96%. William Cuddy of CBRE’s Stamford/Fairfield office negotiated on behalf of the owner, Gateway One Group, Inc.
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“Nigro buys Wilton Square shopping center for $49.3M” — by Eric Anderson
Date: May 31, 2017
Client: CBRE – Fairfield/Westchester
Summary: Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners brokered the sale of Wilton Square to Nigro Companies for $49.3 million. The center, formerly owned by Retail Properties of America, counts Home Depot, Barnes & Noble and Target as tenants. The 438,097 s/f shopping center is on the major retail corridor of Route 50.
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“Boyce Thompson Center Reborn as Bustling Mixed-Use Hub” — by Paul Adler
Date: May 31, 2017
Client: Simone Development Companies
Summary: Westchester Magazine takes a look at the Boyce Thompson Center, a property in Yonkers that was vacant for four decades. Simone Development led a $35 million renovation for the 85,000 s/f complex, which opened on May 23 as a retail, banking, and medical hub.
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“Recent Commercial Real Estate Transactions” — by Rosalie Radomsky
Date: May 31, 2017
Client: Simone Development Companies
Summary: The New Jewish Home, a nonprofit geriatric health and rehab system, has signed a 20-year lease at Simone Development’s Hutchinson Metro Center in Pelham Bay, Bronx. The 49,739 s/f lease is on the first and second floors of the three-story, mixed-use office property. New Jewish Home will combine two of its adult day programs that are currently split between Mamaroneck and Kingsbridge section of the Bronx, and use some of the space for office work.
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“Middle Market Digest: The Northeast” — by Steve Lubetkin
Date: May 26, 2017
Client: Rubenstein Partners
Summary: Rubenstein Partners and Heritage Equity Partners have announced that Lee & Associates will market 25 Kent Avenue, its 500,000 s/f mixed-use commercial property under construction in Williamsburg. The site will bring more than 60,000 s/f of retail space to the area.
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“Changing of the Guard: CMBS industry embraces rising generation” — by Sondra Campanelli
Date: May 25, 2017
Client: Madison Realty Capital
Summary: Josh Zegen, managing principal and co-founder of Madison Realty Capital weighs in on the changing demographic in the CMBS market. This will occur as the members of the "old guard" leave the industry, showing that succession is a big issue for many CRE managers.
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“This limestone Bay Ridge townhouse is a symphony of oak floors, stained glass, and other historic details” — by Virginia K. Smith
Date: May 24, 2017
Client: Halstead Property
Summary: This Halstead Brooklyn listing is the Townhouse Pick of the Week. The four-bedroom, two-bathroom townhome is asking 41.575 million, and retains many of its original details, such as six-foot windows, oak fluted columns, oak paneled room divider, a marble fireplace and a staircase framed by skylights. The main level includes a formal dining room, and a deck leads out to the private backyard.
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