Tag : newmark

Newmark Arranges the Sale of The Block at Pima Center in Scottsdale, Arizona for $23.5 Million
Deals & Dealmakers

Newmark Arranges the Sale of The Block at Pima Center in Scottsdale, Arizona for $23.5 Million

REW
Newmark announces the sale of The Block at Pima Center, a 37,958-square-foot, multi-tenant retail center located in Scottsdale, Arizona. The asset sold for $23.5 million, one of the highest sale prices for a newly constructed, unanchored strip center in Metro Phoenix history 1 . Newmark Senior Managing Directors Jesse Goldsmith...
Newmark Executes Portfolio Sale of Three Grocery- Anchored Shopping Centers in Los Angeles County for $137 Million
Deals & Dealmakers

Newmark Executes Portfolio Sale of Three Grocery- Anchored Shopping Centers in Los Angeles County for $137 Million

REW
Newmark announces it has arranged the sale of three grocery-anchored shopping centers comprising over 400,000 square feet in Los Angeles County. The portfolio traded for a total of $136.8 million. Newmark Vice Chairman Pete Bethea and Senior Managing Directors Glenn Rudy and RobIppolito partnered with Vice Chairman Bill Bauman and...
Newmark Awarded Leasing Assignment of Largest Industrial Park in Spanish Fork, Utah
Deals & Dealmakers

Newmark Awarded Leasing Assignment of Largest Industrial Park in Spanish Fork, Utah

REW
Newmark announces it has been awarded the leasing assignment of El Tenedor Logistics Center, a five-building Class A industrial park. Phase I, comprising 253,580 square feet, is slated for completion in the fourth quarter of 2023. Newmark Executive Managing Directors Kyle Roberts and Jeff Heaton and Senior ManagingDirector Ben Richardson...
Signature Acquisitions Taps Newmark to Lead Leasing at Two Parsippany Office Buildings
Deals & Dealmakers

Signature Acquisitions Taps Newmark to Lead Leasing at Two Parsippany Office Buildings

REW
 Signature Acquisitions, one of the region’s most active and prestigious owners/managers of Class A suburban office space, announces it has selected Newmark as the leasing brokerage firm for Waterview Plaza located at 2001 Route 46 and Boulevard Plaza located at 1055 Parsippany Boulevard in Parsippany, N.J. The assignment will be handled by Managing Director Daniel Reider...
Newmark Arranges Sale of 347-Unit Luxury Apartment Tower in Downtown San Jose
Residential

Newmark Arranges Sale of 347-Unit Luxury Apartment Tower in Downtown San Jose

REW
Newmark announces it has arranged the sale of Centerra Apartments, a 347-unit apartment tower located in San Jose, California. The asset sold for an undisclosed amount. Newmark Vice Chairman Scott Bales and Senior Analyst David Hosler represented the seller,AFL-CIO Building Investment Trust, advised by PNC Realty Investors. Newmark Vice Chairman...
Newmark Arranges Sale of 200-Unit Multifamily Property in Phoenix, Arizona
Deals & Dealmakers

Newmark Arranges Sale of 200-Unit Multifamily Property in Phoenix, Arizona

REW
Newmark announces it has arranged the sale of Cobblestone Apartments, a 200-unit multifamily community located in Phoenix, Arizona. Newmark Senior Managing Directors Chris Canter and Brett Polachek and Executive Managing Director Brad Goff represented the seller, Sharo Khastoo, in the sale to an undisclosed buyer. Built in 1980, the two-story...
Newmark Negotiates 11,800-Square-Foot Office Lease in Portland’s North Pearl District
Deals & Dealmakers

Newmark Negotiates 11,800-Square-Foot Office Lease in Portland’s North Pearl District

REW
Newmark announces that Propeller, Inc., an Oregon-based management consulting firm, has signed a new 11,747-square-foot lease in Portland’s North Pearl District. The company is relocating its Portland office buidling to Field Office, located at 2035 NW Front Ave. Newmark Managing Directors Travis Parrott and Josh Schweitz and Executive Vice Presidentand...
Newmark Completes Sale of Luxury Apartment Building in Downtown Santa Cruz
Deals & Dealmakers

Newmark Completes Sale of Luxury Apartment Building in Downtown Santa Cruz

REW
Newmark announces it has arranged the sale of FIVE55 Apartments, a brand new, luxury apartment building comprised of 94 residential units, located in the heart of Downtown Santa Cruz. The asset sold for an undisclosed price. Newmark Vice Chairman Scott Bales represeted the seller, Swenson Development &Construction. The buyer was...
Stackline Relocates and Expands Seattle Footprint to Nearly 60,000-Square-Feet in Sublease Deal
Deals & Dealmakers

Stackline Relocates and Expands Seattle Footprint to Nearly 60,000-Square-Feet in Sublease Deal

REW
Newmark announces it has executed a 58,024-square-foot sublease at F5 Tower on behalf of Stackline, a retail intelligence and software company headquartered in Seattle. The company plans to occupy the space in January 2023 and will be relocating and expanding from its current 20,046-square-foot space in Met Park East. “As...
GFP Real Estate Closes on $47M REFI for 230 Fifth Ave.
Featured

GFP Real Estate Closes on $47M REFI for 230 Fifth Ave.

REW
GFP Real Estate, LLC is pleased to announce it has closed on a $47,000,000 loan from Chase for the refinancing of 230 Fifth Ave., a 20-story, 465,000-square-foot Beaux Arts-style office building located in the heart of the Flatiron District. Built in 1914 and acquired by GFP Real Estate in 1958,...