Teterboro, N.J. — Hanley Investment Group Real Estate Advisors has arranged the $37.5 million sale of a 159,542-square-foot building occupied by Walmart in Teterboro, New Jersey, eight miles outside Manhattan.
New York City — A partnership between L&L Holding Co., Normandy Real Estate Partners and an institutional investor advised by J.P. Morgan Asset Management has acquired Terminal Stores, a 1.2 million-square-foot complex in the West Chelsea neighborhood of Manhattan, for $880 million.
New York City — Cushman & Wakefield has arranged the $13.5 million sale of a three-story retail building in Midtown, Manhattan.
New York — Two former Eastern Consolidated principals have launched a commercial division at Compass in the firm’s New York metropolitan region.
New York — Urban Edge Properties has named Chris Weilminster as COO and Don Briggs as president of development.
New York — A&G Realty Partners will hold an auction for 123 Toys ‘R’ Us and Babies ‘R’ Us stores located across 29 states.
New York — Marcus & Millichap has arranged the $55 million sale of a 19-property retail portfolio located in the Bronx, Brooklyn and Yonkers in New York City.
New York — CoverGirl will open its first-ever brick-and-mortar store in New York City’s Times Square this fall. The 10,000-square-foot flagship location will feature an experiential beauty “play room” with interactive elements, full service makeup application, on-the-go services and digital experiences. The retail store will be an experiential interpretation of CoverGirl’s new campaign, “I Am What I Make Up,” which it released at the beginning of this year. CoverGirl, a Coty Inc. brand, will be the first mass legacy beauty brand to launch a flagship store in North America, according …
New York — The Feil Organization has inked a 1,541-square-foot lease with Blue Bottle Coffee on the ground floor of 257 Park Avenue South, a 226,000-square-foot office building in Manhattan’s Flatiron District.
Horseheads, N.Y. — NKF Capital Markets has brokered the sale of Southern Tier Crossing, a retail property located in Horseheads.