News/Events
Private Equity Firm Sentinel Capital Expands to 35K SF at One Vanderbilt
Private equity firm Sentinel Capital Partners has expanded to 34,737 square feet at One Vanderbilt. The deal gives Sentinel an additional 7,134 square feet of office space on a portion of the tower’s 54th floor, according to a Monday announcement by landlord SL Green Realty. The move brings Sentinel’s total footprint at the trophy high-rise…
Hedge Fund Castle Hook Takes Penthouse Office at Related’s 625 Madison Avenue
New York-based hedge fund manager Castle Hook Partners has landed the penthouse office lease at Related Companies’ upcoming 625 Madison Avenue tower. According to a memorandum of lease filed in city records Monday, Castle Hook inked a deal for the entire 52nd and 53rd floors of the planned 53-story development. The asking rent was not…
Elysee Investments Buys Shopping Center Near Waterford Business District for $28M
Elysee Investments paid $28 million for a relatively new, fully leased shopping center near Miami’s Waterford Business District. Called Blue Lagoon Shoppes, the 29,205-square-foot property at 1101 Northwest 57th Avenue sits inside the business district, just south of Miami International Airport. The 250-acre Waterford Business District is home to the headquarters of major companies such…
Brixmor Property Group, Everview Partners Acquire Slate Grocery REIT for $2.34B
One of the largest owners of shopping centers in the U.S. just got bigger. Brixmor Property Group, a $9 billion publicly traded real estate investment trust (REIT) and holder of a portfolio of 346 shopping centers spanning more than 63 million square feet, announced Monday that it has partnered with Everview Partners to acquire Slate…
Solidcore Signs Lease for Fitness Studio at 1695 Second Avenue on Upper East Side
A strength training brand has signed a retail lease on Manhattan’s Upper East Side. Solidcore, a national fitness chain that offers high-intensity workouts, took the entire retail component of Alchemy-ABR Investment Partners’ 1695 Second Avenue, a new 23-story, 51-unit residential building on East 88th Street, according to landlord broker JLL. JLL did not disclose the…
Men’s Grooming Club John Allan’s Moves to 4 East 46th Street
A men’s grooming and hair brand is moving its flagship location to Midtown East. John Allan’s signed a 3,000-square-foot lease at Jeong Hoon Kim’s 4 East 46th Street, where it will provide an exclusive experience for its members in a relocation from 575 Fifth Avenue, according to tenant broker CBRE. The length of the lease…
Toys R Us Bets on Brick and Mortar With 120 New Stores
Toys R Us operator WHP Global has an ambitious plan to open 120 U.S. stores this holiday season. The private equity-backed brand-management company partnered with Go! Retail Group, a seasonal pop-up operator, to launch the new locations, according to an announcement last week. Shoppers nationwide can expect the new stores to be on the smaller…
Mainstay Raises $18M and Acquires Truelist
Mainstay, a system of record for residential real estate, announced that it raised $18 million and acquired Truelist, an artificial intelligence-powered listing platform for brokers and agents. Carved out of Opendoor as an independent company in August 2024, San Francisco-based Mainstay combines proprietary data, pricing intelligence, and agentic automation to replace fragmented systems and manual…
Brixmor Partners With Evermore, Sovereign Wealth To Buy Slate Grocery REIT
Brixmor, Evermore and the Abu Dhabi Investment Authority will acquire the 115-property portfolio.
