The following is a selection of media placements for Great Ink clients and a summary of each.
The Marketing Directors
September 2, 2016
by Emily Nonko
Andy Gerringer of The Marketing Directors talks to the New York Observer about why certain neighborhoods fall into favor and what the hot new areas are. He says, “These emerging, unexpected locales have a lot to do with Manhattan running out of developable land and high land prices. It’s all about land values and where to buy affordable land. Paired with a focus on areas that are convenient to people and where they work, this creates a development boom.”
CBRE Valuation & Advisory Services
August 31, 2016
by John Nelson
Zach Bowyer, managing director of CBRE, moderated the “Outlook for Seniors Housing Development: What’s Being Built, Where and What are Supply and Demand in Balance” panel at the third annual InterFace Seniors Housing Southeast conference on August 25 in Atlanta.
CBRE Valuation & Advisory Services
August 30, 2016
CBRE Telecom Advisory Services is now able to test and quantify the indoor network quality of entire properties or individual units, with its Benchmark In-Building Cellular Signal Mapping. This service has become a necessity for customers, with more than 80% of data usage occurring inside buildings.
Rubenstein Partners, L.P.
August 29, 2016
by Peter Grant
Rubenstein Partners, L.P. has secured a $197M first mortgage construction loan for 25 Kent Avenue from Wells Fargo, Natixis Real Estate Capital LLC and National Association. The 500,000 SF mixed-use property being built in Williamsburg is a development with Heritage Equity Partners. A story on the property and its details appeared in the Greater New York section of today’s The Wall Street Journal.
Rubenstein Partners, L.P.
August 23, 2016
by Peter Grant
The Wall Street Journal reports on Rubenstein Partners L.P. and Strategic Capital Partners’ acquisition of Parkwood Crossing, an eight-building, 1.2 million-square-foot office campus in the Indianapolis submarket of Carmel. It was developed in the late 1980’s by seller Duke Realty Corporation. JLL brokered the transaction and will serve as exclusive leasing agent for the property. The JV plans to construct a standalone amenity center for tenants, which includes a dining, fitness and conference facility.
Avison Young
August 23, 2016
by Joshua Burd
Although Morristown, NJ has become a magnet for new residential development and a destination for retail and restaurants, it has a glaring lack of Class A office space in its downtown area. Jeffrey Heller, a principal at Avison Young and managing director in its Morristown office, notes that the area’s office product is older, but it leases. If someone were to build a first-generation building, it would have a ton of appeal.
Kalmon Dolgin Affiliates
August 23, 2016
by Rosalie Radomsky
Kalmon Dolgin Affiliates arranged a 3,300 SF relocation lease for Brooklyn Spirits L.L.C., a maker and distributor of Brooklyn Republic Vodka, at 1829 Pacific Street in Brooklyn. The company moved to the new space after its former Clinton Hill space was sold and started renovations. Grant Dolgin and Jeffrey Unger of KDA represented the landlord, Atlantic Properties II L.L.C and the tenant.
CBRE Long Island
August 22, 2016
by Suzanne Monteverdi
The site of a Flushing Bank branch and its parking lot has been sold for $36M. A team from CBRE’s Long Island office arranged the transaction for the nearly 39,000 SF property, which has the potential for a 90,000 SF mixed-use redevelopment. The sale is one of the highest per-square-foot purchases paid thus far in 2016 for a Queens development.
CBRE Fairfield/Westchester
August 18, 2016
by Jess Wisloski
A team from CBRE’s Stamford, CT office brokered the $90M sale of Maple Tree Place, a 500,000 SF retail hub in Williston, VT, to Dallas, TX-based Cypress Equities. The property, the only in Vermont with a Best Buy or Christmas Tree Shops will be Cypress Equities first asset in the state.