News:
Brokerage
Posted: May 25, 2011
SullivanHayes and Quinn Commercial represent The Fresh Market in 15,545 s/f Scarsdale lease
Tim McNamara and Brian Knowles of Farmington, Conn.-based SullivanHayes Companies, along with Colleen Quinn of Nanuet, N.Y.-based Quinn Commercial Properties, LLC represented The Fresh Market in its second New York location on Rte. 22 at Vernon Place Shops.
The team negotiated the 15,545 s/f lease with Boston-based landlord Carpenter & Company and its leasing agent/manager Urstadt Biddle Properties. The location will replace Old Navy and will anchor the recently renovated center.
The Fresh Market, headquartered in Greensboro, N.C., is a publicly held upscale grocer with over 100 stores in 20 states.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.