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DENVER-Richard Czoski, former vice president and general manager of Brookfield Properties, joins Northstar Commercial Partners after becoming impressed with the young company's setup as well as founder R. Brian Watson.
NEW YORK CITY-Newly formed Normandy Real Estate Partners snags its first Manhattan office asset in the low to mid-$400s per sf. The buyer says 1370 was being pursued by those squeezed out of the 450 Park Ave. buy. Normandy bought the asset in partnership with Scott Landis.
NEW YORK CITY-Newly formed Normandy Real Estate Partners snags its first Manhattan office asset in the low to mid-$400s per sf. The buyer says 1370 was being pursued by those squeezed out of the 450 Park Ave. buy. Normandy bought the asset in partnership with Scott Landis.
PISCATAWAY, NJ-The new owner will take over the asset just as its only tenant, Telcordia, is about to move out to its own build-to-suit facility nearby, effectively putting all of 33 Knightsbridge Rd. on the market.
DALLAS-RentaCrate has unlocked the doors on a 10,500-sf industrial building along Governors Row in Dallas, marking its first Texas location. Scouts are out in Houston for the Massachusetts firm. Brokers, in all, have closed four deals for 25,670 sf.
PORTLAND-A fiduciary for owners of more than four million sf on the West Coast, SKB says C&W has done the best job in submitting potential acquisitions to the company and, with its acquisition of Cushman Realty, brings the most to the table.
DALLAS-Haynes and Boone takes an extra 27,203 sf or the entire 25th floor in the Dallas CBD's most recognizable building, the Bank of America Plaza. Cushman & Wakefield brokers cut both sides of the agreement.
LYNNWOOD, WA-Corinthian Colleges Inc. intends to establish a campus this summer at the 200,000-sf Cosmos Lynwood Center. The college will occupy temporary digs at the center until it makes its official move by July 1.
BOSTON-Having encountered difficulties finding tenants to fill the 350,000-sf building, Modern Continental Enterprises puts 470 Atlantic Avenue up for sale. The building, on the waterfront, is currently 25% leased and the company is asking for over $100 million.
LOS ANGELES-The Southern California office of Cushman & Wakefield has been engaged by Portland, OR-based real estate merchant banking firm ScanlanKemperBard Companies to manage four local properties totaling nearly 500,000 sf.