Tag : newmark

Newmark Facilitates Sale and Financing of Trophy Office Campus in Orange County, California
Residential

Newmark Facilitates Sale and Financing of Trophy Office Campus in Orange County, California

REW
by REW2312
Newmark announces it has completed the sale of Griffin Towers, a 560,163-square-foot, Class A, 13-story twin office building campus in Orange County, California. The asset traded for an undisclosed amount. Newmark Co-Head, U.S. Capital Markets Kevin Shannon, Executive Managing Directors PaulJones, Brunson Howard and Ken White and Director Brandon White represented the undisclosed institutional seller. The buyer...
Newmark Completes Two Office Sales in DowntownLos Angeles for $157 Million
Deals & Dealmakers

Newmark Completes Two Office Sales in DowntownLos Angeles for $157 Million

REW
by REW2836
Newmark announces it has completed two separate Downtown Los Angeles office property sales, totaling approximately $157 million. The first property, Union Bank Plaza, a 675,945-square-foot mixed use office tower, sold for $111 million. The second property, 801 South Grand, a 215,097-square-foot office tower, sold for approximately $46 million. Newmark Co-Head,...
Newmark Arranges $36.5 Million Sale of Grocery- Anchored Shopping Center in Duarte, California
Deals & Dealmakers

Newmark Arranges $36.5 Million Sale of Grocery- Anchored Shopping Center in Duarte, California

REW
by REW1565
Newmark announces it has completed the $36.5 million sale of Buena Vista Marketplace, a 91,846-square-foot, grocery-anchored shopping center located in Duarte, California. Newmark Senior Managing Directors Rob Ippolito and Glenn Rudy and Vice Chairman PeteBethea represented the seller, Gerrity Group, a vertically integrated real estate investment and operating company based...
Newmark Completes Nearly 200,000-Square-Foot Industrial Lease for an American multinational food and beverage corporation in West Jordan, Utah
Deals & Dealmakers

Newmark Completes Nearly 200,000-Square-Foot Industrial Lease for an American multinational food and beverage corporation in West Jordan, Utah

REW
by REW1938
Newmark announces that an American multinational food and beverage corporation, has signed a 199,680-square-foot industrial lease at 6900 W 9800 S in West Jordan, Utah. Newmark Executive Managing Director Kyle Roberts and Senior Managing Director BenRichardson represented the landlord, BGJ Industrial, L.C., a joint venture comprised of TheBoyer Company and...
MBI Inc. and LBB Specialties Will Relocate to Clarion Partners’ Merritt 7 in Norwalk
Deals & Dealmakers

MBI Inc. and LBB Specialties Will Relocate to Clarion Partners’ Merritt 7 in Norwalk

REW
by REW7515
Clarion Partners LLC and Marcus Partners announced two new tenants will be relocating to Merritt 7 in Norwalk, CT. Consumer products marketing company MBI Inc. will be taking 32,648 square feet in the recently upgraded Building 501, while specialty distribution firm LBB Specialties LLC (LBBS) will occupy 25,118 square feet...
Newmark Completes $57 Million Sale of 136,580- Square-Foot Grocery-Anchored Retail Center in North Hollywood, California
Retail

Newmark Completes $57 Million Sale of 136,580- Square-Foot Grocery-Anchored Retail Center in North Hollywood, California

REW
by REW2739
Newmark announces it has completed the sale of Victory Plaza, a 136,580-square-foot, grocery-anchored retail center in North Hollywood, California. The asset sold for $57.75 million. Newmark Vice Chairman Pete Bethea and Senior Managing Directors Rob Ippolito and Glenn Rudy represented the seller, Kennedy Wilson, a global real estate investment company...
Newmark Secures 10,593-Square-Foot Lease for KTAP at Landmarked 488 Madison Avenue in Manhattan
Deals & Dealmakers

Newmark Secures 10,593-Square-Foot Lease for KTAP at Landmarked 488 Madison Avenue in Manhattan

REW
by REW2267
Newmark announces today it has secured a new 10,593-square-foot lease on behalf of the New York City-based law firm Kudman Trachten Aloe Posner LLP (“KTAP”). The new long-term lease marks the relocation of the firm’s headquarters from Third Avenue, occupying the entire 23rd floor of 488 Madison Avenue in Midtown. Newmark Directors Cooper...
Newmark Arranges $66 Million Sale of Poinsettia Plaza in Ventura, California
Retail

Newmark Arranges $66 Million Sale of Poinsettia Plaza in Ventura, California

REW
by REW4837
Newmark announces it has completed the sale of Poinsettia Plaza, a 157,322-square-foot shopping center in Ventura, California. The asset traded for $66 million. Newmark Vice Chairman Pete Bethea and Senior Managing Directors Rob Ippolito and Glenn Rudy represented the seller, IRA Capital. “The sale of Poinsettia Plaza represents another impeccable...
Newmark Negotiates 864,000-Square-Foot Industrial Lease Renewal in Perris, California
Deals & Dealmakers

Newmark Negotiates 864,000-Square-Foot Industrial Lease Renewal in Perris, California

REW
by REW2345
Newmark announces the 864,000-square-foot industrial lease renewal with NFI Industries, a supply chain solutions provider, at Perris Distribution Center in Perris, California. Newmark Executive Managing Directors Mark Kegans, SIOR and Ron Washle, SIOR andManaging Director Dean Washle represented the landlord, Ares Management, formerly known as Black Creek Group. “Our team...
Newmark Awarded Leasing Assignment of The Offices at MLK in Portland, Oregon on Behalf of The Green Cities Company
Deals & Dealmakers

Newmark Awarded Leasing Assignment of The Offices at MLK in Portland, Oregon on Behalf of The Green Cities Company

REW
by REW1821
Newmark announces that The Green Cities Company, an investment management firm pioneering environmental and social responsibility in the real estate sector, has signed an exclusive listing agreement with the Newmark Portland office team to lease The Offices at 5 MLK in Portland, Oregon. Newmark Managing Director Travis Parrott, Executive Vice...