SIOR In the News

Millstein acquires 45K SF Elmwood Park industrial/flex building
GlobeSt.com – May 29, 2018
Millstein Acquisitions acquired 475 Mola Boulevard, Elmwood Park, New Jersey, a 45,000-square-foot industrial/flex building, in a transaction brokered by NAI James E. Hanson’s Jeff DeMagistris, SIOR, Tom Vetter, SIOR, and Tom Ryan, who represented the seller, 475 Boulevard.

Fourth Annual Clink Spring Toast is smashing success
RE Journals – May 23, 2018
The Fourth Annual Clink Spring Toast was held on May 17 at the Ivy Room in Chicago’s River North neighborhood.

Houghton Marketplace to be developed
Inside Tucson Business – May 31, 2018
Smith’s Food & Drug Centers Inc., doing business as Fry’s Food & Drug Stores, purchased 16.3 acres of undeveloped land at the northeast corner of 22nd Street and Houghton Road from 22nd Street Baptist Church of Tucson Inc. on Feb. 21 for $2.8 million. Fry’s Food & Drug Stores is planning to build a 96,000-square-foot Fry’s.

LEASES: Three more tenants at 1WTC; NAI James E. Hanson brokers Jersey rubber lease
Real Estate Weekly – May 25, 2018
ATCO Properties & Management announced that Fuze Inc., a cloud-based communications solution provider, will relocate to 381 Park Avenue South.

NAI Saig's Martin elected to SIOR board of directors
The Memphis Daily News – May 26, 2018
Hank Martin, vice president of NAI Saig Co., has been elected southeast regional director of the Society of Industrial and Office Realtors.

Latest deals from CBRE, ABI, Eagle Commercial Realty, C&W | PICOR
AZ Big Media – May 25, 2018
CBRE has completed the $6.4 million sale of West 101 Gateway, a 50,040-square-foot office property located at 9520 W. Palm Lane in Phoenix. The value add offering was 96 percent leased to office and medical tenants, with an additional 19,411 square feet of space that will be coming available in the building at year’s end.

ON THE SCENE: C&W tapped for $6.8M Flushing condo, Cignature closes $6M Manhattan building
Real Estate Weekly – May 25, 2018
A team from CBRE and Pantheon Properties, on behalf of AEW & MRP Realty, is marketing the vacant, recently renovated 120,000-square-foot, single-story industrial building at 1300 Viele Avenue and 1301 Ryawa Avenue in the Hunts Point section of the Bronx. John Reinertsen of CBRE has teamed up with Gary Capetta and Matt Corpuel of Pantheon Properties to lease the property, which at 120,775 square feet represents the largest block of single-story warehouse, distribution and manufacturing space available for immediate occupancy in the borough. The building, divisible to 35,000 square feet, features eight tailgates and seven drive-in doors, which can be expanded, and 100-foot column spans.