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…
Flacks Group acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel. It’s located on the banks of the Savannah River, a short distance from the iconic Augusta National Golf Club, home of The Masters Tournament. Built in 2019, the…
Franklin Street Properties Corp. REIT sold Pershing Park Plaza for $34 million, a loss of more than $11 million. In 2016, Franklin Street bought the 160,000-square-foot building for $45.5 million. 28th Street Ventures was the buyer. Will Yowell, Ryan Reethof,…
Kansas City’s Country Club Plaza, an iconic Spanish-styled shopping district, is slated to undergo a long overdue transformation by the property’s new Dallas-based owners. An affiliate of HP Village Partners, a luxury retail company whose principal owners are descendants of…
Continental Realty Corporation, on behalf of Continental Realty Fund IV, L.P., has completed the sale of Ridge Plaza, a nearly 140,000 square-foot retail center located at 9000-9200 W State Rd 84 in Davie, Florida, for $22.25 million. JLL represented CRC…
Multiple groups bid Thursday for the unfinished Oceanwide Plaza mixed-use development in Downtown Los Angeles, which was forced into bankruptcy in February of this year, Connect CRE has learned. An auction is scheduled for mid-September. Industry sources familiar with the…
Progressive Real Estate Partners arranged the $3.5-million all-cash sale of a 7-Eleven anchored triple-net retail strip center at 728 W. Vernon Ave. in Los Angeles. The 6,300-square foot, three-tenant center is fully leased. President Brad Umansky, CCIM and investment sales advisor Lance Mordachini represented both parties in the transaction. …
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