Lincoln Equities Group (LEG) has signed a 303,100-square-foot lease with Lesser Evil, a Connecticut-based sustainable company that makes clean, organic, less-processed snacks. Located at Lincoln Logistics 84×684 Crossings in Brewster, NY, the property will serve as a finished goods distribution site for the brand.

Newmark executive managing directors Adam Petrillo and Art Ross, managing director Bradley Soules and Analyst Jack Chatwin arranged the lease with Lesser Evil. They’re also marketing the adjacent 618,000 square feet on the campus.

“Location is key and Lesser Evil’s lease at Lincoln Logistics 84×684 Crossings puts them in a fantastic spot for its Northeast distribution facility,” said Petrillo. “With its strategic location that offers connectivity to New York City, Westchester and Connecticut markets, we look forward to welcoming Lesser Evil and future tenants to the campus.”

Located in Putnam County with accessibility to several major highways, Lincoln Logistics 84×684 Crossings offers tenants access to more than 22 million consumers within a two-hour drive.

Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation! 

Newmark Retail secured a new 8,810-square-foot lease with Boggi Milano at the base of 527 Madison Ave., a class A boutique office tower located in Manhattan’s Plaza District. Vice chairman Jeffrey D. Roseman, senior managing director Caleb Petersen and director Drew Weiss represented landlord Mitsui Fudosan America.

“The amount of interest in the space and the speed of which this lease got done is indictive of the overall vibrancy of the retail market in New York City,” said Roseman. “Boggi Milano will be a fresh and exciting addition to the neighborhood.”

Boggi Milano is a luxury Italian menswear brand known for its high-end contemporary clothing, with over 225 locations in more than 58 countries. The tenant secured a long-term lease to occupy the dual-level, corner retail space, encompassing 4,506 square feet on the ground floor and 3,905 square feet on the lower level. The space was formerly occupied by Harman Kardon.

Atlantic Residential (Atlantic) is bringing its brand LUMEN to Florida’s Legacy Park community. In partnership with Red Clay Development Partners (Red Clay), the firm is developing a $58 million multifamily development on the 11.97-acre site acquired last month for $6.9 million from undisclosed sellers. Construction is slated to begin this month with the first units available for occupancy in fall 2025. 

Patterson Real Estate Advisory Group secured construction financing from Trustmark Bank and BankUnited. Marble Capital also provided preferred equity. Middleburg serves as general contractor. 

Designed by Florida architecture firm FORUM Architecture and Interior Design, LUMEN Legacy Park features 219 apartment homes, including 111 one-bedroom, 84 two-bedroom and 24 three-bedroom units. LUMEN Legacy Park amenities include: a pool, open green space, pickleball courts and a dog park. A clubhouse features a co-working lounge, game room and fitness center.

LUMEN Legacy Park is located at the corner of US Highway 27 and Legacy Park Boulevard in Davenport, Fla., a suburb nearly 30 miles southwest of Orlando. 

Experience Senior Living (ESL) introduced The Reserve at Lone Tree at 11010 High Note Avenue in Lone Tree.

The Reserve at Lone Tree, ESL’s first senior living community under its new luxury brand, is located within the RidgeGate master-planned development. When completed in early 2025, the Reserve will include a nine-story building featuring 124 independent living units and a five-story building featuring 60 assisted living and 24 memory care units.

The Reserve brand delivers a number of amenities, such as cuisine crafted from locally sourced, organic ingredients and programs ranging from culinary workshops to art classes. The Lone Tree location has six restaurants and two bars, including a chop house with dry-aged steaks. Amenities also include a podcast studio, pickleball courts and gardens, 

Over the next several years, the company plans to add 10 to 12 more communities in Colorado, with the goal of two of those being part of the luxury reserve brand. Rates start at $5,000 a month and go up to $18,000 for a penthouse suite.

Waterton, a Chicago-based national real estate investor and operator, launched its new Outbound Hotels brand, a collection of locally-minded hotels offering differentiated lodging options for lifestyle travelers seeking outdoor-inspired experiences near town centers and cultural hubs.

“Outbound Hotels expands the traditional hospitality model,” said David Schwartz, CEO and chairman of Waterton. “Our portfolio of hotel properties creates lifestyle-oriented lodging options in destinations that provide year-round opportunities to connect adventure-minded visitors and locals to the outdoors.

Waterton partnered with Argosy Real Estate Partners to bring its repositioning acumen to a 17-acre Qualified Opportunity Zone site in Oakhurst, California, just south of Yosemite National Park. The property will be developed as Outbound Yosemite Resort, a 135-key outdoor-inspired lifestyle hotel. Outbound Hotels-branded property is a place for travelers to disconnect so they can reconnect with nature and offers an alternative lodging option that embraces its surroundings.

Photo credit: Waterton