The following is a selection of media placements for Great Ink clients and a summary of each.
The Praedium Group
January 7, 2019
By Zack Maxwell
The Praedium Group acquired the 353-unit Arlington Commons apartments in North Arlington, Texas from The Nehemia Company for an undisclosed price. The company saw a lot of growth potential in Arlington, and the building is still experiencing strong leasing activity.
Avison Young
January 4, 2019
By Joshua Burd
Autoclear, a security inspection systems firm sold its 42,000 SF Fairfield, NJ headquarters at 2 Gardner Road and relocated to 22,000 SF at 10A Bloomfield Avenue in Pine Brook. Matthew C. Turse, Tim J. Cardigan and John Recchia of Avison Young represented Autoclear in its sale to Third Wayne LLC, as well as in its relocation to Pine Brook.
Waterton
January 4, 2019
By Chris Wood
Simone Development Companies
January 3, 2019
By Linda Lindner
Two new medical deals at 385 Prospect Avenue in Hackensack, NJ bring the property up to more than 90% leased, according to James MacDonald of Simone Metro Properties who arranged the leases. Tenants who have taken occupancy at the property include NJ Imaging Network, Metro Vein, Garden State Dental and Quest Diagnosis, as well as Hackensack University Medical Center. Simone took ownership in 2017 and underwent a multi-million dollar renovation.
CBRE
January 3, 2019
By Diana Olick
Spencer Levy, Chairman of Americas Research at CBRE appears on CNBC’s Nightly Business Report with Diana Olick on January 3. He talks about reverse logistics, which is now the number one new user of warehouse space, occupying 700 million nationally. Reverse logistics is a term for the “hangover” of returns that come after the holidays and how it’s handled. The warehouse space provides an area for retailers to sort through the merchandise and make plans for the best way to manage the returns. Levy predicts the demand for warehouse space for reverse logistics will increase during 2019.
Thornton Tomasetti
January 2, 2019
By C.J. Hughes
John Peronto, a principal at engineering firm Thornton Tomasetti is quoted in a New York Times article that looks into the increased use and benefits of mass timber. The firm is currently working on Ascent, a 201-unit luxury rental tower in Milwaukee, Wisconsin for New Land Enterprises. At 21 stories, when completed, it would be the tallest timber tower in the Western Hemisphere.
EW Howell Construction Group, CBRE Long Island
December 26, 2018
By Bernadette Starzee
Daniel Brendel, a first vice president in CBRE’s Melville, Long Island office and EW Howell Construction Group President Howard Rowland offer insight into the 2019 commercial real estate market and related sectors such as office, retail and construction.
The Marketing Directors
January 2019
By Meenal Vamburkar
According to data from The Marketing Directors, Brooklyn is expected to receive more than 17,200 condo and rental units in 2019, with development continuing until 2021. Developers are providing extra financial concessions and promotions to help brokers lease and sell the units, though Amazon’s new HQ in LIC could deliver an influx of residents for these properties.
Building and Land Technology
December 23, 2018
By Kevin Zimmerman
Fairfield County Business Journal takes a look at Harbor Point, the 100-acre waterfront site acquired by Building and Land Technology in 2007, on its 10th anniversary. The complex served as a major job creator for the South End neighborhood, which is benefiting from the businesses, restaurants and residents that have flocked to Harbor Point from Manhattan and other local areas due to its transit-friendly location.