Deals of the Day: June 11

Leases

Boston Properties lands new Park Avenue South tenant

Address: 360 Park Ave. South, Manhattan
Landlord: Boston Properties
Tenant: Ziff Davis
Lease size: 23,038 square feet
Asset type: Office
Brokers: CBRE’s Sacha Zarba and Jeff Fischer represented the tenant. CBRE’s Peter Turchin, Gregg Rothkin, Ross Zimbalist, Arkady Smolyansky, Hayden Pascal and Trevor Larkin represented the landlord.

Construction giant takes office space in Long Island City

Address: 21-01 51st Ave., Queens
Landlords: Kaufman Organization and True North
Tenant: Skanska USA Civil Northeast
Lease size: 20,000 square feet
Asking rent: $42 per square foot
Asset type: Office
Brokers: BIOC Commercial Real Estate’s Jonathan Stravitz represented the tenant. Kaufman Organization’s Grant Greenspan represented the landlord.

Health care investment platform takes space in Midtown

Address: 545 Madison Ave., Manhattan
Landlord: Marx Realty
Tenant: Consonance Capital
Lease size: 9,473 square feet
Lease length: Five years
Asking rent: $86 to $126 per square foot
Asset type: Office
Brokers: JLL’s Cynthia Wasserberger and Michael Pallas represented the tenant. A Cushman & Wakefield team led by Tara Stacom represented the landlord.

Sales

Local grocery store chain picks up former Freddy’s Market

Address: 2837 Coney Island Ave.
Seller: Ilhanan Israilov
Buyer: Tashkent Supermarket
Sale price: $16 million
Asset type: Retail

Julianne Cuba, C. J. Hughes, Eddie Small , 2024-06-11 19:31:17

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