Yonkers, N.Y. — Marcus & Millichap has negotiated the $2.7 million sale of a 9,500-square-foot retail property in Yonkers, New York.
Port Chester, N.Y. — M&J Wilkow and MetLife Investment Management have acquired Port Chester Shopping Center, a 493,459-square-foot shopping center in Port Chester, New York.
New York City — Global coworking provider WeWork has closed on its $850 million purchase of the Lord & Taylor Building, a landmark Midtown Manhattan asset located at 424-434 Fifth Ave. in New York City.
New York City — Saks Fifth Avenue has opened the newly remodeled 53,000-square-foot main floor of its flagship location in Manhattan.
Henrietta, N.Y. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $20 million sale of South Town Plaza in Henrietta, New York.
Paramus, N.J. — Deka Immobilien GmBH has acquired Paramus Junction, a fully leased, grocery-anchored shopping center located in the New York City suburb of Paramus, New Jersey.
New York City — Cushman & Wakefield has arranged the $7 million sale of an 8,730-square-foot retail building in the Jackson Heights neighborhood of Queens.
New York City — IKEA U.S. has announced that it will open its first store in Manhattan.
Southeast, N.Y. — Urstadt Biddle Properties Inc. has acquired Lakeview Plaza Shopping Center in the town of Southeast, New York, for $12 million.
Nanuet, N.Y. — Metropolitan Realty Associates (MRA) is set to acquire a 218,000-square-foot Macy’s department store located within The Shops at Nanuet in Nanuet, New York.