The following is a selection of media placements for Great Ink clients and a summary of each.
Marx Realty
April 10, 2022
By Steve Cuozzo
A New York Post article on NYC commercial leasing activity includes Marx Realty’s 10 Grand Central, a 500,000 SF Midcentury tower on third avenue and E. 44th Street. The asset reports stellar leasing activity — 34,000 SF of newly signed and expanded leases – as tenants drawn in by Marx’s recent $48 million capital improvement program and repositioning. Marx signed 15,000 additional square feet for LIV Golf Inc, Family Management Corp and Kasa Living. On the retail front, fast-casual Mediterranean eatery CAVA took 2,600 square feet of ground-floor corner space. Marx converted more than half of 46 previously unused outdoor terraces for tenant use. Upgrades also include a new, four-story entry portal on East 44th Street with walnut doors leading into a sleek lobby, and an indoor-outdoor club floor with its own lounge, conference space and landscaped terrace.
Waterton
April 8, 2022
By Brian Bandell
Waterton, a Chicago-based real estate investor, purchased the Verona at Boynton Beach Apartments for $80 million from Verona at Boynton Beach LLC. The three-story, 260,000-SF apartment complex was built in 2002, with amenities such as a clubhouse, a pool, a fitness center, a playground, and picnic areas. Waterton will make make some renovations to Verona, including enhancements to the amenities and apartment finishes.
View, Inc.
April 8, 2022
By Laura Cowan
Inhabitat featured Uplands II, a 124,081-SF health and wellness office building in Austin, Texas. Developed by Drawbridge Realty, Uplands II is part of the Uplands Corporate Center, designed for a post-COVID office environment with tenant health and wellness, plus building sustainability, at top of mind. An important feature of the health-and-wellness-focused property was the installation of View Smart Windows, which increase energy efficiency, reduce the need for blinds, and maximize natural light while enhancing views.
View, Inc.
April 2022
By Barbara Ballinger
View Smart Windows are featured in a UNITS magazine article about the rapid evolution and adoption of technology in the rental housing industry. View Smart Windows were most recently installed in the Sven, Durst Organization’s 755-foot luxury rental tower in Long Island City, NY.
The Praedium Group
April 7, 2022
By John Yellig
The newly built Reid suburban multifamily community in Tucker was purchased for an undisclosed amount by The Praedium Group. The transaction comes on the heels of the firm’s acquisitions of apartment communities in Nashville, Tenn.; Orlando, Fla.; and Dallas. Last year, the group purchased the 316-unit Broadstone Sugar Hill in Gwinnett County. Praedium’s investment strategy targets rental housing in suburban markets with above-average job and population growth, according to a press release. The Reid was completed in 2021 and has 242 units in three buildings standing four and five stories high.
Simone Development Companies
April 7, 2022
By Paul Bubny
KezMed Medical PC signed a long-term 2,175-square-foot lease for medical office space at Simone Development Companies’ 2510 Westchester in the Bronx, bringing the property to 95% occupancy. The cardiology practice was represented by Jon Smilowitz of Douglas Elliman, while Simone’s Josh Gopan represented ownership in the lease negotiations.
Populous
April 5, 2022
By Peter Fabris
Global design firm Populous served as architect of record for the new San Francisco Giants Player Development Center at Papago Park in Phoenix, Ariz. In collaboration with the Giants, Populous provided architectural, master plan oversight, interior design and interior signage services. This new center, which opened in February 2022, provides the team best-in-class training and development facilities. The San Francisco Giants Player Development Center was designed to incorporate the best features of elite training facilities, allowing the team to prepare players and coaches for both the Minor and Major League seasons.
Camber Creek
April 5, 2022
By Philip Russo
Commercial Observer’s PropTech Insider spoke with Casey Berman, founder and managing partner of Camber Creek about the firm’s mammoth $325 million Fund IV closing, highlighting what it means for the company and the proptech industry it invests in so often. Berman talked about Camber Creek’s proptech startup philosophy, what raising such a large fund means for a VC firm, and what he sees as the next hot areas in the industry. With more than $500 million in assets under management, the Washington, D.C.-based Camber Creek was founded in 2011 and has invested in notable proptech startups such as Notarize, Flex, FlyHomes, Measurabl, Curbio, HappyCo, Building Engines and Latch.
Standard Real Estate Investments
April 5, 2022
By Emily Fu
Commercial Observer’s Emily Fu reports on Standard Real Estate Investments’ close of a $30 million equity investment in a mixed-use development project at 1333 Broadway in Brooklyn’s Bushwick neighborhood, marking SREI’s first foray into New York City’s real estate market. SREI will work with Ekstein Tolbert Development to build a 107-unit, 20-story mixed-use building on the 30,766-square-foot site. “The acquisition of the site and development of a mixed-use property with an attainable residential component as a sizable portion of the project fits seamlessly with our investment philosophy,” said Jerome Nichols, co-founder and president of Standard REI.