The following is a selection of media placements for Great Ink clients and a summary of each.
Rubenstein Partners, L.P.
June 4, 2017
by Keiko Morris
A venture of Rubenstein Partners L.P. and Vision Real Estate Partners closed on the $69 million sale of The Crossings at Jefferson Park office campus in Whippany, NJ to Barclays, the baking giant who is also a tenant at the property. The JV purchased the property in 2012 for $25 million, and set about a $10 million renovation of the property, and the creation of an 11,000 s/f amenity center
Thornton Tomasetti
Spring 2017
by Barbara Bennett
Thornton Tomasetti provided structural and façade consulting services for 10 Hudson Yards, one of 16 new developments on Manhattan’s West Side, and the only one not supported by the two giant platforms over the East and West rail yards. The project stands 895-feet tall and features an 82-foot tall cable wall lobby façade and trapezoidal 207-foot cable wall. Zack Wiegand, an associate at Thornton Tomasetti, talked with Bennett about how the project was carried out.
CBRE Fairfield/Westchester
May 31, 2017
by Akiko Matsuda
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
CBRE Fairfield/Westchester
May 31, 2017
by Eric Anderson
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.
Simone Development Companies
May 31, 2017
by Paul Adler
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.
Simone Development Companies
May 31, 2017
by Rosalie Radomsky
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.
Rubenstein Partners, L.P.
May 26, 2017
by Steve Lubetkin
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.
Madison Realty Capital
May 25, 2017
by Sondra Campanelli
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.
Halstead Brooklyn
May 24, 2017
by Virginia K. Smith
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.