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Joint Venture Sells Retail Property in Manhattan’s Upper East Side for $24.5 Million

New York City — A joint venture between Madison Capital and an undisclosed global real estate investment management firm has sold a 7,018-square-foot, single-tenant retail property occupied by Citibank in Manhattan’s Upper East Side neighborhood for $24.5 million.

…

  • August 22, 2016
  • Published in Investment sales, New York, News

SL Green, Moinian Group Sign Nordstrom as Retail Anchor at 3 Columbus Circle

New York City — SL Green Realty Corp. and The Moinian Group have signed a 23-year, 43,000-square-foot lease with Nordstrom to anchor three levels of retail space at 3 Columbus Circle in Manhattan.

…

  • January 29, 2016
  • Published in Leasing, New York, News

HFF Secures $89 Million in Refinancing for Retail, Office Building in NYC’s Meatpacking District

New York City — HFF has arranged $89 million in refinancing for a retail and office building located at 401 W. 14th St. in the Meatpacking District.

…

  • November 6, 2015
  • Published in Finance, News

Thor Equities to Sell Manhattan Retail Condo To Harbor Group International for $68 Million

New York City — Thor Equities has signed an agreement to sell the retail condo at 445 Fifth Ave. in Midtown Manhattan to Harbor Group International for $68 million.

…

  • October 23, 2015
  • Published in Investment sales, New York, News

J.P. Morgan, Fisher Brothers Provide $150 Million in Acquisition Financing

New York — J.P. Morgan is the lead lender of the $150 million acquisition financing for 520 Fifth Avenue, a development site located at the southeast corner of 43rd Street and Fifth Avenue in Manhattan.

…

  • August 20, 2015
  • Published in Finance, Investment sales, New York, News

HFF Arranges $44 Million Refinancing of Retail Condominium in Manhattan

New York — Holliday Fenoglio Fowler LP (HFF) has arranged the $44 million refinancing of a fully occupied retail condominium located in Manhattan’s Chelsea neighborhood.

…

  • July 28, 2015
  • Published in Finance, New York, News

Adidas to Open a New Two-Level Location in SoHo

New York City — SL Green Realty Corp. has inked a 10-year lease with Adidas to occupy retail space at its 115 Spring St. property in the Manhattan neighborhood of SoHo.

…

  • July 23, 2015
  • Published in Leasing, New York, News

Pembrook Capital Secures $20 Million Acquisition Loan for Retail Property in Manhattan

New York — Pembrook Capital Management LLC has secured a $20 million first mortgage loan for the acquisition of a retail property located in Manhattan’s Upper West Side.

…

  • May 19, 2015
  • Published in Finance, New York, News

New York’s Evolutionary Retail

With several new projects under construction and demographics in the boroughs changing,  New York’s retail scene is evolving.   Roundtable moderated by Jerrold France and Randall Shearin

…

  • December 16, 2014
  • Published in Features, From The Magazine, New York

SL Green Signs Three Retail Leases in Manhattan

New York — “We are pleased to attract such prestigious, well-known retail anchors in these three strategically-located properties,” says Brett Herschenfeld, managing director of SL Green Retail.

…

  • December 8, 2014
  • Published in Leasing, News
Older posts

Industry Content

Legacy Brokers $16.2 Million Sale of Shopping Center in Metro Charlotte

Indian Trail, N.C. — Legacy Realty Group Advisors has arranged the sale of Union Town Center, a 102,360-square-foot shopping center located in Indian Trail, roughly 15 miles southeast of Charlotte.…

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NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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Industry News

  • Richmar Properties Sells Covington Square Shopping Center in Metro Atlanta for $13.4 Million
  • Essex Secures $32 Million Acquisition Financing for Mixed-Use Property in Denver
  • Mid-America Brokers Sale of 5,443-Square-Foot Luxury Retail Building in Chicago
  • SVN | J. Beard Arranges Sale of 3,600-Square-Foot Retail Property in Metro Houston
  • Five Tenants Join Christown Spectrum in Phoenix

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