New York
Sitex Group Acquires NJ Industrial Facility
A private investor sold the 100,000-square-foot Carlstadt property. The transaction marks the buyer’s third recent acquisition in the area.
Transwestern Adds New SVP in NJ
Robert Vicci brings more than 30 years of commercial real estate experience to this position. He will handle property management operations for the firm’s Northeast portfolio.
Purple USA Relocates, Signs New Manhattan Lease
The lifestyle communications and public relations agency will occupy the entire 13th floor of GFP Real Estate’s Chelsea building.
New Jersey Continues Warehouse, Logistics Surge
Even though the state hit a 17-year high for new industrial development, demand was voracious enough to more than offset it, as rents keep pace with massive absorption.
Former NJ Ballantine Brewery Commands $61M
A Turnbridge Equities joint venture acquired the 1.1 million-square-foot building in Newark. The property is also located in an Opportunity Zone.
Baranof Holdings to Develop NYC-Area Facility
The company is set to develop a 1,174-unit self storage property located in Yonkers. The project is expected to break ground in this quarter.
Muss Development Appoints Jason Muss as President
Muss will lead the family-owned company as the firm looks to reposition its major generational assets and invest in more properties in New York City.
Hampshire Cos. to Transform NJ Building to Self Storage
The firm acquired an iconic century-old property in Elizabeth, with plans to redevelop it into a 100,000-square-foot facility.
Avison Young Brokers Manhattan Retail Lease
Midtown Hardware will occupy roughly 3,500 square feet at a property that The Episcopal Church owns in Midtown East. The 11-story building also includes office space.
Vornado Completes $168M Manhattan Office Refi
The newly constructed 170,000-square-foot property in the Meatpacking District had been fully preleased before completion. Aetna took the office space, while the property also features one of the world’s largest Starbucks.