Nike to Open 69,214-Square-Foot Location on Fifth Avenue in New York City
New York City — Nike Inc. is set to open a new 69,214-square-foot, seven-story location at 650 Fifth Avenue in New York City.
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Integra Realty Resources Partners with Veteran Economist Hugh Kelly for Viewpoint 2017 Report
New York City — New York City-based Integra Realty Resources (IRR) has tapped economist Hugh Kelly to lend his expertise to the company’s “Viewpoint 2017 Commercial Real Estate Trends Report.”
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The North Face Launches First Flagship Store in NYC on Fifth Avenue
New York City — The North Face has opened its first-ever flagship store in New York City.
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Rosewood Realty Arranges $12.1 Million Sale of Four-Building Retail Portfolio in Brooklyn
New York City — Rosewood Realty Group has arranged the sale of a four-building retail portfolio in the Homecrest neighborhood of Brooklyn.
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Target to Open Flexible-Format Store in New York City
New York City — Target is set to open a new 27,000-square-foot, flexible-format store at 500 East 14th St. in the East Village neighborhood of New York City.
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Madison Realty Capital Provides $52 Million Loan for Mixed-Use Development in NYC
New York City — Madison Realty Capital has provided a $52 million first mortgage loan for the acquisition of a development site in the East Village and the construction of an approved mixed-use development on the site.
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Two Non-Traded Retail REITs Merge in $1.4 Billion Transaction
New York City — American Finance Trust Inc. (AFIN) has acquired all of the outstanding common stock of American Realty Capital – Retail Centers of America Inc. (RCA) for approximately $1.4 billion, including the assumption or repayment of $432 million
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Joint Venture Acquires Commercial Building in Queens for $89 Million, Plans Redevelopment
New York City — A joint venture between Metropolitan Realty Associates and TIAA Global Asset Management has acquired HUB LIC, a four-story commercial building located at 47-25 34th St. in Queen’s Long Island City, for $89 million.
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Westfield World Trade Center Opens in New York City
New York City — Westfield celebrated the grand opening of its World Trade Center location on Tuesday, August 16.
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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.
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