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Sheltering Arms Inks Deal for New Jamaica Hub

Transwestern Real Estate Services represented Sheltering Arms Children and Family Services in a 34,500-square-foot lease at 165-19 Jamaica Ave. for the social services agency’s new service hub for the Jamaica neighborhood. Transwestern partners Stephen Powers and Lindsay Ornstein, VP Thomas Hines and senior associates Jake Cinti and Alexander Smith represented the tenant.
The new Sheltering Arms Jamaica hub is almost 50% larger than its current location at 89-74 162nd St. The agency plans to relocate in third quarter 202.
“A key aspect of this off-market transaction is that the space allows for Sheltering Arms’ continued growth while rents remain in alignment with their funding agreements,” said Powers, who leads Transwestern’s national Nonprofit Advisory Services.
To date in 2020, Transwestern has closed three leases and two sales transactions for Sheltering Arms in Lower Manhattan, Midtown South Manhattan, Harlem and Queens. 

Pictured: Stephen Powers.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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