Tag : newmark

Newmark Named Exclusive Leasing Agent for Revamped River Centre
Deals & Dealmakers

Newmark Named Exclusive Leasing Agent for Revamped River Centre

REW
by REW1699
  Newmark announces the firm has been retained as the exclusive office leasing agent for River Centre at 331 Newman Springs Road in Red Bank, NJ. River Centre is a six-building 668,107-square-foot Class A office campus owned by Crown Realty and Paramount Realty. Newmark’s Senior Managing Director Jamie Drummond and Associate Director Andrew Perrotti are the...
Newmark Completes $47.8 Million Sale of Part of Eastlake Terraces Community Shopping Center in Suburban San Diego
Deals & Dealmakers

Newmark Completes $47.8 Million Sale of Part of Eastlake Terraces Community Shopping Center in Suburban San Diego

REW
by REW2486
Newmark 1 announces it has completed the sale of The Shops at Eastlake Terraces, a portion of a 363,300-square-foot community center shadow-anchored by Home Depot and Walmart Supercenter and located in Chula Vista, California for $47.8 million. The traded portion comprises 60,973 square feet of well-located shops and free-standing buildings....
Newmark Arranges Sale of Net-Leased Medical Office Building in Los Angeles’ Eagle Rock Neighborhood for $18.25 Million
Deals & Dealmakers

Newmark Arranges Sale of Net-Leased Medical Office Building in Los Angeles’ Eagle Rock Neighborhood for $18.25 Million

REW
by REW2173
Newmark 1 announces the sale of a single-tenant net-leased medical office building in the Eagle Rock neighborhood of Los Angeles, California. Leased by Adventist Health Glendale since 2003, the critical outpatient facility is located one mile from Adventist Health Glendale hospital. Newmark Vice Chairmen Sean Fulp and Bill Bauman, Executive...
Newmark Arranges $111.75 Million Sale of 369-Unit Tempe-Area Multifamily Portfolio
Residential

Newmark Arranges $111.75 Million Sale of 369-Unit Tempe-Area Multifamily Portfolio

REW
by REW1564
Newmark 1 announces the $111.75 million sale of a two- property, 369-unit multifamily portfolio in the Southeast Valley of Phoenix, Arizona. Newmark Executive Managing Director Brad Goff, Senior Managing Director Brett Polachek and Managing Director Chris Canter represented the seller, a joint venture between Avanti Residential and KKRReal Estate, in...
Beam Reach Partners to Deliver 740,000-Square-Foot Premier Office Development in Downtown Bellevue
Deals & Dealmakers

Beam Reach Partners to Deliver 740,000-Square-Foot Premier Office Development in Downtown Bellevue

REW
by REW2551
Newmark announces KANON, a proposed 740,000-square-foot two-tower office development, located steps away from the newest Downtown light rail stop,in Bellevue, Washington. The project is expected to break ground in late 2023 for completion in mid-2026. “We are excited to introduce this thoughtfully designed project that will be a unique offering...
Newmark Arranges $514 Million in Construction Financing for Phase I of Assembly Innovation Park in Somerville, Massachusetts
Featured

Newmark Arranges $514 Million in Construction Financing for Phase I of Assembly Innovation Park in Somerville, Massachusetts

REW
by REW2184
Newmark announces the arrangement of $514 million in construction financing for Phase I of Assembly Innovation Park, a 485,000-square-foot life science tower that is under development by BioMed Realty in Somerville, Massachusetts. Newmark Executive Managing Directors David Douvadjian, Sr. and Timothy O’Donnell, Senior Managing Director Brian Butler, Managing Director David Douvadjian, Jr. and Associate Conor Reenstierna of the firm’s...
Newmark Completes Sale of NJ Light Industrial Portfolio Totaling 650,000 SF
Deals & Dealmakers

Newmark Completes Sale of NJ Light Industrial Portfolio Totaling 650,000 SF

REW
by REW2467
Newmark is pleased to announce that it has sold 50 & 100 Randolph Road in Somerset, NJ, as the last of a six property 650,000 SF light industrial portfolio totaling over $100 million. An institutional investor acquired 50 & 100 Randolph, two industrial properties totaling 236,000 SF. The other properties within...
Centerpark Acquires Two Garages on 58th Street
Deals & Dealmakers

Centerpark Acquires Two Garages on 58th Street

REW
by REW2081
Centerpark, a fully-integrated developer, owner and operator of parking facilities known for converting traditional parking garages into modern mixed-use transportation and logistic centers, today announces the acquisition of two more assets in Midtown, adding 40,000 square feet of garage space to its growing portfolio.  Purchased from Muss Development for $8,250,000,...
Newmark Advises on Sale of Iconic Waterfront Office Building, Known as The Lake Union Building, in Seattle, Washington
Deals & Dealmakers

Newmark Advises on Sale of Iconic Waterfront Office Building, Known as The Lake Union Building, in Seattle, Washington

REW
by REW2606
Newmark announces it has advised on the sale of 1700 Westlake in Seattle, Washington. Known as “The Lake Union Building,” the 90,625-square-foot, Class A building is located near the epicenter of Seattle’s South Lake Union. Newmark Co-Head of U.S. Capital Markets Kevin Shannon, Vice Chairman Nick Kucha, Senior Managing Director...
Newmark Continues Office Leasing Momentum with Tenant Renewals at The Factory in Long Island City
Deals & Dealmakers

Newmark Continues Office Leasing Momentum with Tenant Renewals at The Factory in Long Island City

REW
by REW2051
 Newmark announces it recently completed several leasing transactions totaling nearly 66,000 square feet at The Factory LIC, a 1.1 million-square-foot creative loft office building in Long Island City, New York. Newmark’s Executive Vice Chairman Brian Waterman, Vice Chairman Howard Kesseler, Senior Managing Director Jordan Gosin and Associate Director Alex Rosenblum serve as exclusive leasing advisors for the property...