The following is a selection of media placements for Great Ink clients and a summary of each.
Hodges Ward Elliott, Rubenstein Partners
October 18, 2017
By Guelda Voien and Brady Dale
How will driverless cars affect real estate? Sources from the industry, including experts from Rubenstein Partners and Hodges Ward Elliott, name a few aspects that might change over the next 10-15 years, in this week’s Commercial Observer.
Eastern Union Funding
October 17, 2017
Sean Freedman has joined Eastern Union Funding, a commercial real estate mortgage brokerage firm, as its director of banking relations for its Quotes and Term Sheets Banking Division.
Building and Land Technology
October 17, 2017
By Paul Schott
Building and Land Technology has broken ground on its next group of apartments in the Harbor Point complex in Stamford, Conn; a total of 435 units will be built in two, 22-story towers scheduled for completion in 2019. BLT has 100 Commons Park North underway a few blocks down the road, which will bring 392 units to the area across 15 floors. In the Waterside section, 218 units are under construction at the Harbor Landing complex, set to open in 2018.
Savanna
October 17, 2017
by Liam La Guerre
Savanna, a developer and real estate investment manager, has completed a $195M purchase of 19 West 44th Street, an 18-story office building formerly owned by Deka Immobilien GmbH. Mesa West Capital provided the acquisition financing. The 303,943 SF property is also known as The Berkeley Building. JLL’s Mitchell Konsker, Barbara Winter, Benjamin Bass and Kip Orban will lead the building’s leasing efforts.
CBRE Fairfield/Westchester
October 16, 2017
By Betsy Kim
According to CBRE office market reports, Fairfield County experienced an increase in leasing activity and Westchester County remained steady in the third quarter of 2017. Thomas Pajolek, executive vice president of CBRE explained that rental activity tends to slow down in the summer, and the tenancy of three sizable companies provided the primary reason for the Q3 results. Fairfield County’s total leasing activity was up to 941,784 square feet, compared to 800,009 total square feet in the previous quarter, and 661,581 square feet rented during the same time period last year. During the third quarter, the Westchester County office market experienced 535,813 square feet in total leasing activity. This is an increase from 455,866 square feet of total leasing activity during the second quarter. Plus, average asking rents increased to $28.54 per square foot, up from $27.81 in the previous quarter.
Pickard Chilton
October 15, 2017
By Keiko Morris
Many Manhattan landlords are sprucing up the lobbies of their office towers to include art, restaurants, retail, and spaces to relax for tenants, and the public. William Chilton, principal of Pickard Chilton has designed HQ’s for companies like Northwestern Mutual Life Insurance Co., and public space within buildings is becoming a priority. Landlords want the public to be in a building, because it gives it an energy, Chilton said.
Building and Land Technology
October 12, 2017
By Paul Schott
Walter’s Hot Dogs, a beloved hot dog stand in Westchester, opens its second brick-and-mortar location at 200 Commons Park South in Stamford, Conn, near the Harbor Point community owned by Building and Land Technology.
Thornton Tomasetti
October 11, 2017
by Larry Getlen
Senior Principal and Weidlinger Protective Design Practice Leader Peter DiMaggio talks about his career and the challenges of providing protective design and structural hardening for projects around the world in this Commercial Observer “Power Player” profile.
Avison Young
October 11, 2017
By Kathryn Brenzel
The Avison Young team of Arthur Mirante, Anthony LoPresti, Michael Gottlieb, Joseph Gervino and Matthew Hoffman represented Paramount Leasehold, the landlord of the paramount Building at 1501 Broadway, in a 22,063 SF lease for Social Service Employees Union Local 371. The landlord is completing a $50 million renovation of the 33-story office tower, and the union will take part of the fourth floor at the property, in a move from its current space at 817 Broadway.