Tag : newmark

Clise Properties Acquires 100 Percent Interest in 1700 7th Avenue in Seattle
Deals & Dealmakers

Clise Properties Acquires 100 Percent Interest in 1700 7th Avenue in Seattle

REW
by REW2248
Newmark announces its client Clise Properties has acquired 100 percent interest in 1700 7 th Avenue, a premier Class A+ office tower in downtown Seattle, Washington. Clise Properties, a family-owned and -operated Seattle real estate developer, originally developed the building and has maintained a majority ownership stake. The company recently...
FedEx Office signs 10-year lease for retail space at newly renovated 477 Madison Avenue in Midtown
Deals & Dealmakers

FedEx Office signs 10-year lease for retail space at newly renovated 477 Madison Avenue in Midtown

REW
by REW2329
Retail by MONA, the leasing and advisory firm guiding tenants and landlords through an evolving retail landscape, announced today that FedEx has signed a long-term lease for 2,276 square feet of retail space at the newly repositioned 477 Madison Avenue office tower in Midtown. “FedEx caters to the needs of the...
Newmark Completes Sale of Seattle Office Building Fully Net Leased to Meta
Deals & Dealmakers

Newmark Completes Sale of Seattle Office Building Fully Net Leased to Meta

REW
by REW2532
Newmark announces it has completed the sale of 1101 Westlake, a recently developed trophy office building measuring 153,708 square feet and located in downtown Seattle’s South Lake Union submarket. The building is 100% net leased to Meta Platforms, Inc. The property traded from Invesco Real Estate, a global real estate...
Newmark Secures $590M Financing Loan for 1540 Broadway
Finance

Newmark Secures $590M Financing Loan for 1540 Broadway

REW
by REW2822
On behalf of Edge Fund Advisors and HSBC, Newmark has arranged the $590 million financing of 1540 Broadway, a Class-A landmark, trophy-office building located in Times Square. The Newmark team was led by Jordan Roeschlaub and Dustin Stolly, Vice Chairmen and Co-Heads of the Debt & Equity. Apollo, MSD and Monarch...
Newmark Executes $32.5 Million Sale of Fully Leased Office Asset Adjacent to Angels Stadium
Deals & Dealmakers

Newmark Executes $32.5 Million Sale of Fully Leased Office Asset Adjacent to Angels Stadium

REW
by REW2153
Newmark 1 announces it has completed the sale of Stadium Crossings, a four-story, 100% leased, multi-tenant office building in Anaheim, California for $32.5 million. Newmark Co-Head of U.S. Capital Markets Kevin Shannon, Executive Managing Director Paul Jones, Director Brandon White and Senior Financial Analyst Liam Ogburn, in partnership with Executive...
Newmark Completes Off-Market Sale of Office Campus in Bellevue, Washington for $45.5 Million
Deals & Dealmakers

Newmark Completes Off-Market Sale of Office Campus in Bellevue, Washington for $45.5 Million

REW
by REW2633
Newmark announces it has completed the sale of Bel- Spring 520, a two-building, multi-tenant office campus located in Bellevue, Washington. The campus traded from Swift Real Estate Partners to American Assets Trust in an off-market transaction for $45.5 million, or $487 per square foot. Newmark Vice Chairman Nick Kucha and...
Revamped 1700 Broadway Experiences 41,400 Square Feet of Office Leasing Momentum
Leases

Revamped 1700 Broadway Experiences 41,400 Square Feet of Office Leasing Momentum

REW
by REW2595
Newmark announces 41,400 square feet of office leasing at the recently revamped 1700 Broadway in Manhattan. The 627,747 square-foot, Class A asset was acquired by Rockpoint in 2018 and is managed by Rockpoint affiliate Rockhill Management, L.L.C. Rockhill has completed a comprehensive capital improvement program, featuring a best-in-class prebuild program, an award-winning tenant amenity...
Newmark Facilitates Sale of Multifamily Development Site in South Bay’s Hawthorne Neighborhood
Deals & Dealmakers

Newmark Facilitates Sale of Multifamily Development Site in South Bay’s Hawthorne Neighborhood

REW
by REW3447
Newmark 1 announces it has completed the sale of Millennium Gardena, a fully entitled development site slated for 262 multifamily units and located at 12850 Crenshaw Boulevard in the South Bay neighborhood of Hawthorne, California. Newmark Senior Managing Director Chris Benton, Managing Director Anthony Muhlstein, Co- Head of Capital Markets...
Newmark Arranges Sale of Newly Constructed Luxury Multifamily Asset in Long Beach, California
Residential

Newmark Arranges Sale of Newly Constructed Luxury Multifamily Asset in Long Beach, California

REW
by REW5500
Newmark 1 announces it has completed the sale of 442 Residences, a newly constructed, 94-unit luxury multifamily community in Long Beach, California for $48.5 million or approximately $515,957 per unit. Newmark Co-Head of Capital Markets Kevin Shannon, Executive Managing Director Ken White, Senior Managing Director Chris Benton and Managing Director...
CBRE And Newmark Arrange Sale of 156-Unit Deerfield Place
Deals & Dealmakers

CBRE And Newmark Arrange Sale of 156-Unit Deerfield Place

REW
by REW4474
Today, representatives of CBRE, led by Jeff Dunne and Eric Apfel, and Newmark, led by Gene Pride and Jamie Thelwell, announced the sale of Deerfield Place, a 156-unit multifamily community in Utica, NY. Both CBRE and Newmark jointly represented the seller, Troy, NY-based United Group of Companies, while also procuring...