Tag : newmark

Newmark Completes Sale of 91,000-Square-Foot Retail Center in Pinole, California
Deals & Dealmakers

Newmark Completes Sale of 91,000-Square-Foot Retail Center in Pinole, California

REW
Newmark announces it has completed the sale of Pinole Square, a 91,000-square-foot retail community center, located at 1201-1577 Tara Hills Drive in East Bay’s Pinole market. Newmark Vice Chairman and Head of Retail Capital Markets Northern California NicholasBicardo and Associate Director Cheyne Bloch facilitated the transaction. The seller was a...
Newmark Completes $68 Million Sale of Fully Leased Building in Menlo Park, California
Deals & Dealmakers

Newmark Completes $68 Million Sale of Fully Leased Building in Menlo Park, California

REW
Newmark announces it has completed the sale of a 44,719-square-foot building in Menlo Park, California for $68 million. The property is fully occupied, home to Menlo Medical Clinic, a partner with Stanford Health Care. Newmark Executive Vice Chairman and President, Western Region Capital Markets StevenGolubchik, Vice Chairman Edmund Najera, Senior...
Newmark Executes $39 Million Sale and Financing of Trophy Office Building in Southern California’s Inland Empire
Deals & Dealmakers

Newmark Executes $39 Million Sale and Financing of Trophy Office Building in Southern California’s Inland Empire

REW
Newmark announces it has arranged the sale and financing of Ontario Airport Tower, a six-story, Class A, LEED-Silver Certified office building in the Inland Empire West market. The asset sold for $39 million. Newmark Co-Head, U.S. Capital Markets Kevin Shannon, Executive Managing Directors KenWhite, Brunson Howard and Paul Jones and...
Newmark Completes 40,000-Square-Feet of Class A Office Transactions at Broadacres in Bloomfield, New Jersey
Deals & Dealmakers

Newmark Completes 40,000-Square-Feet of Class A Office Transactions at Broadacres in Bloomfield, New Jersey

REW
Newmark announces that it has secured four new leases on behalf of the locally-based owner ERCT Capital Group at their Class A Broadacres Office Park. The transactions span nearly 40,000 square feet and welcome new tenants Rainbow Therapy with 8,707 square feet at 300 Broadacres, Alliance Health Systems with 12,971 square feet...
Newmark Completes $37 Million Sale of Office and Industrial Campus in Burbank, California
Deals & Dealmakers

Newmark Completes $37 Million Sale of Office and Industrial Campus in Burbank, California

REW
Newmark announces it has arranged sale of 2777 North Ontario Street, a 127,140-square-foot office and industrial campus located in Burbank, California. The asset sold for $37 million. Newmark Co-Head of U.S. Capital Markets Kevin Shannon, Executive Managing Directors  Ken White and Rob Hannan, Senior Managing Director Laura Stumm and Associate Director Michael Kolcum represented the seller, a...
Newmark to Lead Leasing at Newly Renovated Office Building at 145 Mason Street in Greenwich, Connecticut
Deals & Dealmakers

Newmark to Lead Leasing at Newly Renovated Office Building at 145 Mason Street in Greenwich, Connecticut

REW
Newmark announces the firm has been exclusively retained for the marketing and leasing of 145 Mason Street in downtown Greenwich, Connecticut. The 37,602-square-foot Class A office building is undergoing a full gut renovation and coming to market for the first time in over 30 years. Once complete, the property will provide one...
Newmark Represents Providence in $84 Million Disposition of 468,000-Square-Foot Office Portfolio in Renton, Washington
Deals & Dealmakers

Newmark Represents Providence in $84 Million Disposition of 468,000-Square-Foot Office Portfolio in Renton, Washington

REW
Newmark announces it has arranged the sale of Southgate Campus, a two-building Class A office campus totaling 268,000 square feet and Valley Office Park, a four-building 209,000-square-foot office park, in Renton, Washington. Seattle Children’s Hospital purchased the assets for a total of $84 million. Newmark Executive Managing Director Garth Hogan...
Newmark Completes Sale of 52,000-Square-Foot Mixed- Use Property in San Ramon, California
Deals & Dealmakers

Newmark Completes Sale of 52,000-Square-Foot Mixed- Use Property in San Ramon, California

REW
Newmark announces it has completed the sale of 2551 San Ramon Valley, a 52,149-square-foot, mixed-use property in the heart of the Tri-Valley. The property was 90% leased at the time of sale to a diverse mix of office and retail tenants. Newmark Executive Vice Chairman and President, Western Region Capital...
Newmark Arranges $535.8 Million Acquisition and Redevelopment Financing for US’ Largest Ever Office-to-Residential Conversion
Deals & Dealmakers

Newmark Arranges $535.8 Million Acquisition and Redevelopment Financing for US’ Largest Ever Office-to-Residential Conversion

REW
Newmark has arranged a $535.8 million loan on behalf of GFP Real Estate (“GFP”), Metro Loft Management and Rockwood Capital for the acquisition and redevelopment of 25 Water Street. 25 Water Street is a 22-story, 1.1 million-square-foot office building in New York City’s historic Financial District. The Newmark team was...
Leading CRE Data Platform CompStak Doubles NYC Footprint; Signs Five-Year 25,644 SF Lease at 675 Avenue of the Americas in Chelsea
Deals & Dealmakers

Leading CRE Data Platform CompStak Doubles NYC Footprint; Signs Five-Year 25,644 SF Lease at 675 Avenue of the Americas in Chelsea

REW
 GFP Real Estate, LLC is pleased to announce that leading national commercial real estate data platform CompStak, Inc. has signed a new, five-year lease for 25,644 square feet on the fourth floor of 675 Avenue of the Americas in Chelsea.  The new space, which is more than double its existing office space, will...