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Commercial Real Estate Blog

July 31, 2017

Brooklyn , NY — Greysteel, a national commercial real estate investment services firm, has arranged the sale of 185 Prospect Park West for a local private investor.

Representing both the buyer and seller, the transaction was negotiated by Greysteel senior investment associate, Michael Stimler, from the firm’s New York office. The Property closed for...

July 24, 2017

Wantagh, NY — Breslin Realty is proud to announce the recent Grand Opening of Stewart’s Restaurant at 1161 Wantagh Ave. in Wantagh, at Willow Wood Shoppes.

Stewart’s Restaurant is occupying 3,000 s/f of the shopping center, in the space formerly occupied by Spasso’s Pizzeria. 

Stewart’s Restaurants are classic 1950’s style fast-food restaurants with...

July 24, 2017

Hamburg/NYC — Union Investment Real Estate GmbH has reinforced its investment activities in the North American retail markets by hiring retail expert Kseniya Merritt. Merritt joined Union Investment’s team based in New York City on May 1st. Ms. Merritt will be in charge of expanding Union Investment’s existing retail portfolio in the U.S. as well a...

July 18, 2017

Short Hills, NJ — Investors Bank announced solid growth in its commercial mortgage lending during the first quarter of 2017, when compared to the same period in 2016. The Bank’s senior lending team originated $828.8 million in commercial real estate (CRE) loans between January 1 and March 31, 2017, compared to a total volume of $697.9 million durin...

July 10, 2017

Chappaqua, NY —  In one of the largest ground-up development projects in its 40-year commercial real estate history, The Grossman Companies, Inc. has partnered with Summit Development to develop a high-end 120,000 s/f, $68 million retail development on 19 acres at 480 Bedford Rd., part of the long-time, former Readers Digest world headquarters. The...

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