Cushman & Wakefield
Thor Equities, Meyer Bergman to Sell London Retail Asset for $407M
Considered a landmark since its completion in 1819 as Britain’s first shopping arcade, Burlington Arcade features 37,000 square feet of space and attracts more than 4 million visitors a year.
Boricua College in Brooklyn Sells for $31M
Cushman & Wakefield arranged the sale of the vacant, three-building asset in Williamsburg, which can be converted into a mixed-use development with luxury apartments.
Penwood Grabs 508 KSF Warehouse in PA
The fully leased property is situated along the Interstate 81 industrial corridor in Mechanicsburg, Pa., and previously traded as part of a $3.2 billion portfolio.
Ironwood Insurance Signs Atlanta HQ Relocation Lease
The tenant plans to move into the 26,000-square-foot headquarters at One Riverside in June. Cushman & Wakefield represented the landlord in the lease negotiations.
Avison Young Hires New Principal
Brian Kelley brings 13 years of commercial real estate experience to the firm’s St. Louis office, where he will focus on both retail and multifamily transactions.
Food, Fun Power Retail Redevelopment
Mall owners are spending millions—and in one case even $1 billion—on makeovers to keep their retail centers fresh, hip and inviting.
Konica Minolta Consolidates US Operations
The technology and IT services firm sold its Ramsey, N.J., headquarters through a sale-leaseback and acquired an adjacent industrial asset. The new campus will create 400 new jobs and house the firm’s current Connecticut operations.
Cushman & Wakefield Negotiates Chicago Lease for Publicis
The new agreement includes a 50,000-square-foot expansion for the advertising company, whose office in the Central Loop now spans 681,545 square feet.
RAF Pacifica Nabs First Tenant at San Diego Mixed-Use Project
Located in the master-planned community of Bressi Ranch, Calif., lift will consist of two Class A loft-style buildings totaling 53,106 square feet.
$300M Margaritaville Resort Coming to NYC
Scheduled to debut in 2020, the 234-key Margaritaville Resort Times Square is being developed by a partnership including Soho Properties and MHP Real Estate Services.