The following is a selection of media placements for Great Ink clients and a summary of each.
April 5, 2021
RFR today announced six new leases totaling 28,111 SF at 17 State Street, its 42-story, 571,000 s/f office tower in Lower Manhattan. New tenants at the building include ABR Dynamic Funds, SHS Asset Management L.P., Samson II Corp, Edward Roberts LLC, Protax Services Corp and Robert Wisniewski P.C. will join the diverse tenant roster at the iconic office tower. RFR was represented in-house by AJ Camhi and Ryan Silverman in each of the transactions.
The Praedium Group
April 5, 2021
By Erika Morphy
The Praedium Group has been named to GlobeSt’s Best Places to Work list!
The multifamily private equity investor focuses on properties in suburban growth markets in the US. As the firm approaches its 30th anniversary, it points to its senior team’s average tenure of 21 years with Praedium, a notable fact given higher turnover rates throughout the industry. Collaboration and teamwork are important features of Praedium’s culture and the firm continually asks employees for input on policies. The firm is also active in its community, with many property managers having organized corporate community service events and giving campaigns. This has included partnering with local food banks, homeless shelters or ministries, or raising funds for philanthropies such as St. Jude Children’s Research Hospital and the American Cancer Society.
The Cordish Companies
April 4, 2021
By Matt Rothstein
Shervonne Cherry, Director of Community & Partnerships at Spark Coworking, is one of Bisnow’s Innovators. The series features men and women who have persevered and built a new future for themselves and their companies — even during the unprecedented adversity of the last year. Cherry calls the period in between when a startup first starts to see success and before it has the stability needed to commit to a multiyear lease a “gray area” not addressed properly by either traditional office landlords or the largest coworking operators. Cherry’s focus on the gray area, emphasis on second-and third-tier cities, and efforts to do good while she does business.
By Jason Scott
In the “Forward Progress” section of Athletic Business’ April 2021 issue is the recently completed Florida Ballpark at Alfred A. McKethan Field at University of Florida in Gainsville, which had its season opener on February 19. The $65 million project, designed by Populous, features 360-degree viewing access throughout and a tiered seating bowl with capacity for 7,000 fans. Designed with fan comfort in mind, the facility is sited to maximize shade, and canopies and ceiling fans were used throughout to help fans stay cool amid warm temperatures.
Led by James Nelson, the Avison Young Tri-State Investment Sales team has had great success over the past year. Notable transactions for this team: 103-105 MacDougal St., 109 Ave. A, 177 Franklin St., 126 E. 86th St., 1683 Third Ave., 504-510 E. 74th St. Nelson and the Tri-State Investment Sales group also implemented innovative, digital marketing tactics early in the pandemic to promote their offerings. The group strategically placed property advertisements across all social media channels, produced property videos and digital tours to promote assets and emailed property offerings to targeted investor lists. Additionally, multiple members of the group wrote white papers on key trends in the market to be knowledge leaders for professionals in the industry, as well as clients and potential clients, with some of the papers being published in industry publications.
March 30, 2021
Invesco Real Estate has acquired a 70% majority stake in 1307 New York Avenue NW in Washington, D.C. from Marx Realty. The Dallas investment manager is partnering with Marx to ID office buildings the duo can buy in New York and Washington. Marx is planning $33 million in upgrades to the building on NY Avenue.
March 24, 2021
David Krasnoff, an Executive Director with Avison Young’s Debt and Structured Finance Group, participated in a “What I’m Seeing” video. These are self-filmed videos recapping the week and current market environment for CRE finance.
March 16, 2021
By Rick Maese, Emily Giambalvo and Artur Galocha
The Washington Post speaks with the magicians behind the scenes of this year’s NCAA March Madness tournament, including Marc Klein of Populous and Dan Gavitt, NCAA’s SVP of Basketball. This team has been responsible for condensing 14 sites into one and bringing 68 games together for 67 games in three weeks — an unprecedented, but exciting, logistical challenge.
Jonathan Rose Companies
March 16, 2021
By Alby Gallun
The Chicago Housing Authority board approved a contract to subsidize as many as 160 of 272 apartments at a low-income housing complex in University Village. The CHA reached the agreement with Jonathan Rose Cos., which plans to take over and renovate Barbara Jean Wright Court, a 27-building complex at 1354 S. Morgan Street. Jonathan Rose plans a major makeover that will include new roofs and HVAC systems and new kitchens and bathrooms in the apartments.