The following is a selection of media placements for Great Ink clients and a summary of each.
Avison Young
January 7, 2020
By
Avison Young’s Ed English, Ron Ganter, Tom Giannone and Paul Errigo arranged a 106,890-SF lease renewal and extension for Visual Graphics Systems, a visual communications firm at Prologis Inc.’s 330 Washington Avenue in Carlstadt, NJ. The tenant uses the building for its administrative HQ. Prologis’ Jason Tenenbaum represented ownership in-house.
Jonathan Rose Companies
January 7, 2020
By Lois Weiss
Jonathan Rose Companies has bought a property on Halletts Point by Astoria Cove for around $35 million. The company will maintain the Astoria property as an affordable rental project under the Mitchell-Lama law. The 202-unit Goodwill Terrace Apartments received a $28.5 million mortgage from the NYC HDC and has income restrictions. Rose expects to invest $10 million in renovations, including energy efficiency and modernization.
Simone Development Companies
December 30, 2020
By Daniel Axelrod
LoHud looks at the top commercial projects that are helping to boost Hudson Valley’s economy. Simone Development Companies’ planned SpringHill Suites by Marriott in New Windsor is listed.
Castle Lanterra Properties
December 23, 2019
Castle Lanterra Properties, which this year invested $250 million in the purchase of apartment properties, is aiming to as much as double that volume next year. The Suffern, N.Y., multifamily specialist, also has been selling properties actively. The company typically pursues a value-add strategy, buying properties that might be older and in need of renovations or that can benefit from its management capabilities. Castle Lanterra most recently paid $23 million for the 84-unit RiDE at RiNo property at 3609 Wynkoop St. in Denver’s River North, or RiNo area.
The Praedium Group
December 19, 2019
By Andrew Dodson
The Praedium Group acquired “Legacy on the Promenade” from Legacy Partners. The 300-unit rental complex sold for $93.5 million. Legacy on the Promenade is a four-story building with one-, two-, and three-bedroom units and 24 townhome units with attached two-car garages. The complex also offers amenities such as an outdoor lounge, pool, and fitness center. Praedium plans to rebrand the apartment complex and make several enhancements during 2020.
Castle Lanterra Properties
December 18, 2019
Larry Mango joined Castle Lanterra Properties as a vice president of asset management. He spent nearly a decade at Rockwood Capital in NY, managing an $800M real estate portfolio.
Thornton Tomasetti
December 17, 2019
Joel Stout, a vice president in Thornton Tomasetti’s sustainability practice, has achieved the rank of LEED Fellow, the highest distinction awarded by the Green Buisness Certification, Inc. (GBCI). He is one of 29 practitioners and leaders within the green building community to be named to the 2019 class of LEED Fellows. Stout, who is based in the San Francisco office, has more than 30 years of experience in building design and construction, and, for more than 15 years, has specialized in sustainable projects in the commercial, government, healthcare, transportation and education sectors.
Ted Moudis Associates
December 16, 2019
By Evan Rusinowitz and Kate Wieczorek
Workplace strategists from Ted Moudis Associates count down to 2020 with Work Design Magazine. The magazine is sharing 12 days of emerging workplace trends, and the TMA team offers insight on “viewing access as an amenity,” which benefits employers in developing specific amenities strategy.
Castle Lanterra Properties
December 12, 2019
By Adriana Marinescu
Landing Square, a 322-unit community in Atlanta, Ga. was sold by Castle Lanterra Properties to InterCapital Group for $45 million. The complex at 3378 Greenbriar Parkway SW is 17.5 acres and 11 miles SW of downtown Atlanta. Landing Square has 10 three-story buildings in a mix of one-t0-three-bedroom floorplans, all built in 2008.