The following is a selection of media placements for Great Ink clients and a summary of each.
Client
RAL Development Services
Date
November 26. 2019
Five-star Beach Bay resort slated for 2022 opening
By James Whittaker
summary
Plans for a two-building, nine-story Mandarin Oriental resort in the Beach Bay area of Bodden Town on the Cayman Islands has been approved. RAL Development Services is partnering with developer Ryan Melkonian on the project, which will serve as a resort and residences. The project will be the first of its type in the eastern districts and will begin construction in 2020.
Client
Madison Realty Capital
Date
November 26, 2019
Madison Realty Capital Provides $31M Acquisition Loan for SoCal Development Project
By Matt Grossman
summary
Hotel developer John deVries has picked up a $30.5 million financing package led by Madison Realty Capital to buy a building site in Southern California. The financing includes a $24.5M loan from MRC and a preferred equity investment worth $6M from The Bluestone Group. DeVries will use the funds to buy the site at 18582 Teller Avenue near UC Irvine and John Wayne Airport and develop a 991,000-SF development there, including an 11-story hotel and separate 155,ooo-SF commercial building iwth office and retail tenants.
Client
Marx Realty
Date
November 26, 2019
Ad Tech Firm ZEFR Leaves Madison Avenue for 10 Grand Central
By Rebecca Baird-Remba
summary
Los Angeles-based video advertising company ZEFR is moving into Marx Realty’s 10 Grand Central in Midtown East, according to the landlord. The company is moving from 292 Madison Avenue. JLL’s Cynthia Wasserberger, Sam Seiler, David Kleiner and Carlee Palmerrepresented the landlord in the deal, while Cresa‘s Jane Roundell and David Toomey handled the transaction for the tenant. Marx recently completed a $48 million renovation of the building that included a new lobby, a new four-story entrance on the East 44th Street side of the building, prebuilt office suites, and a 1930s-inspired lounge and terrace with a fire pit and plantings on the seventh floor.
Client
Savitt Partners
Date
November 22, 2019
Trio of Tenants Sign New Deals at 530 Seventh Avenue
By Rebecca Baird-Remba
summary
Savitt Partners welcomed three new leases to its 30-story office building at 530 Seventh Avenue. Precision Xtract, a healthcare consultancy that employs scientists, academics, pharmaceutical executives and economists inked a 12,044-SF sublease on the 16th floor; Angel investor group 10X Ventures also signed an 11,700-SF sublease on the 23rd floor; and boutique ad firm Fred and Farid renewed its 5,850-square-foot footprint on the 30th floor. Savitt Partners’ Brian Neugeboren and Nicole Goetz represented the ownership in-house for all of the leases. Savitt has recently repositioned the 490,000-square-foot, Art Deco office building, with an aim at creating a hipper office option for tech and media tenants. The landlord spent $11 million to create a rooftop cocktail lounge, The Skylark, and a coworking space dubbed “Space530.”
Client
Thornton Tomasetti
Date
November 21, 2019
NYC Building Owners Are Still Waiting To Act On New Emissions Restrictions
By Miriam Hall
summary
Casey Cullen-Woods, a project director in Thornton Tomasetti’s Sustainability Practice, talks with Miriam Hall of Bisnow NY about the climate mobilization bill, and how developers and others in the building industry are preparing.
Client
Avison Young
Date
November 21, 2019
Avison Young’s Justin Piasecki Talks Debt, Loan Sales and ‘The Boss’
By Cathy Cunningham
summary
Justin Piasecki, a principal at Avison Young, sits down with the Commercial Observer for a Q&A about his latest deals and the state of commercial real estate finance today.
Client
Marx Realty
Date
November 19, 2019
New York owner completes $10.5M renovation of Atlanta's former Regenstein's Department Store
By Douglas Sams
summary
The Atlanta Business Chronicle highlights Marx Realty’s recently completed modernization of the former Regenstein’s Department store in downtown Atlanta. Renamed “The Department Building,” Marx embarked on a $10.5 million renovation of 207 Peachtree, which has 25,000-SF of office loft space. Marx also announced a 2,200-SF lease on the first floor, a collaboration between Stephen de Haan and Takashi Saito.
Client
CBRE
Date
November 19, 2019
The WeWork Story Got 'Overtold': CBRE Group's CEO
summary
Client
Kalmon Dolgin Affiliates
Date
November 16, 2019
Amazon Loss Stings, but Long Island City Real Estate Shrugs It Off
By Keiko Morris and Josh Barbanel
summary
Neil Dolgin, co-president of Kalmon Dolgin Affiliates, is quoted in a Wall Street Journal article about the Long Island City, Queens market a year after Amazon decided to forgo its move to the borough.