Brett Zelner, Executive Managing Director/Principal of Lee & Associates NYC has arranged the office condominium sale of the 18,000-rentable-square-foot, 14th floor at 420 Fifth Avenue for $18.4 million to Marist College. The space will serve as an alumni and information center in New York City. Adult graduate programs and executive offices will also be housed here.
Move over Reno. This L.A. submarket could be the next biggest little city
In an exclusive GlobeSt.com Q&A, Sean Lieppman, senior associate, and Noel Aguirre, principal, both of Lee & Associates Long Beach, do a deep dive into this community’s goals to become a live/work/play destination.
Target looking to open its eighth Manhattan Store in Kips Bay
Peter Braus, Richard Kave & JP Sutro of Lee & Associates NYC represented landlord Blackstone Group. Target currently has outposts in Harlem, Tribeca and Herald Square, and it’s opening stores at Essex Crossing the Lower East Side and at 500 East 14th Street in the East Village this summer. Two more stores are on track to open in Hell’s Kitchen and on the Upper East Side next year.
McCraney acquires 44 acres of land and plans to construct 3 buildings totaling 402,582 SF in Ocoee, FL
William “Bo” Bradford, CCIM, SIOR, with Lee & Associates Orlando, represented the seller, a family-held private entity in this transaction.
Ground breaks on more than 3 million SF of industrial space in Inland Empire
Principal Bill Heim of Lee & Associates Ontario will be one of the brokers handling the listing for lease for the properties. Real Estate Development Associates, LLC a diversified investment company that acquires and develops industrial and office properties in Southern California, is the developer.
Veteran Commercial Real Estate Broker Colleen Carey Joins Lee & Associates Pasadena
Colleen Carey, a 20-year commercial real estate veteran in the Los Angeles Basin and the San Gabriel Valley, has joined the Pasadena office of Lee & Associates. Ms. Carey, previously with Coldwell Banker Commercial Advisors (now Colliers International) as Senior Vice President, has joined the office as a Founding Principal.
For Greg Tannor of Lee & Associates NYC, it’s always, “Go Beyond the lease.”
In this day of dwindling foot traffic in the face of rising online sales, brokers need to go the next step to ensure their clients’ brick-and-mortar success.
James Wacht of Lee & Associates NYC moderates panel: “East vs. West: A Seismic Shift in Manhattan”
Mr. Wacht recently moderated a panel for Connect Media’s “Connect New York,” titled “East vs. West: A Seismic Shift in Manhattan,” wondering aloud whether the panel’s title was a misnomer and suggested that “Rebirth and Renewal” might be more appropriated.
Lee NYC broker recalls her path from an artist to retail broker and meditation teacher
Jaime Schultz sat down with Commercial Observer and talked about the path that took her from artist to retail broker and mediation teacher.