Jericho
Newmark Arranges $280M Financing for Long Island Office Portfolio
Newmark arranged the $280-million financing for a 14-property medical office and suburban office portfolio totaling approximately 1.51 million square feet… Read more
CBRE Represents TPG Angelo Gordon in Sale of Offices on Long Island’s North Shore
The CBRE team of Jeff Dunne, Steve Bardsley and Travis Langer, in collaboration with Philip Heilpern of CBRE’s Long Island… Read more
LI-Based Esquire Bank Expands Reach with Signature Bank Chicago Deal
Jericho, NY-based Esquire Financial Holdings, Inc., the parent company of Esquire Bank, will acquire Signature Bancorporation in an all-stock transaction… Read more
Nathan’s Famous Brand Trades to Smithfield Foods for $450M
Smithfield Foods, Inc. and Nathan’s Famous, Inc. said Wednesday that they have entered into a definitive merger agreement for Smithfield… Read more
Jericho Office Complex Secures 87K SF of Renewals
Lincoln Property Company has secured more than 87,000 square feet of office lease renewals at Jericho Plaza in Jericho, NY.… Read more
Harrison Street, B2K Divest Five NY Seniors Properties for $600M+
(Updated with additional information) Harrison Street Asset Management on Wednesday announced the sale of five Class-A seniors housing communities throughout… Read more
New York People and Company News, Week of Sept. 6, 2024
We’re adding executive-level openings to our Friday New York Weekly People & Company News. Please send entries for consideration to [email protected]. Read more
New York People and Company News, Week of August 16, 2024
Enhancement to Weekly People & Company News – We’re adding executive-level openings to our Friday New York Weekly People & Company… Read more
Kimco to Acquire RPT in $2B All-Stock Deal
Shopping center REITs Kimco Realty and RPT Realty said Monday they had reached a definitive merger agreement under which RPT… Read more
Kimco Will Reorganize as an UPREIT
Jericho, NY-based shopping center REIT Kimco Realty said Thursday it intends to complete a holding company reorganization, which would restructure… Read more
Kimco Adds 8 Long Island Shopping Centers for $376M
Kimco Realty has made a significant acquisition in its own backyard, snapping up a private, multi-generationally owned portfolio of eight… Read more
Birch Group Closes LI’s Largest Office Deal in Years
In what it calls Long Island’s largest office deal of the past decade, The Birch Group has acquired 1 and 2… Read more
Kimco Buys Out Jamestown Stake in Publix-Anchored Portfolio, Enters JV with BREIT
Kimco Realty Corp., headquartered in Jericho, NY, has acquired the remaining 70% interest in a portfolio of six Publix-anchored, Sunbelt region shopping centers from its… Read more
Kimco Names Director of ESG
Kimco Realty Corp. has hired Tamara Chernomordik as director of ESG. In this dedicated role, Chernomordik will be responsible for… Read more
Two Distribution Facilities Go to Westcore for $108M
Westcore recently acquired a two-warehouse/distribution portfolio with a combined total of more than 1.4 million square feet for $108 million.… Read more
Kimco-Weingarten Merger Will Create $20.5B REIT
Kimco Realty Corp., based in Jericho, NY, and Houston-based Weingarten Realty Investors have agreed to merge, with Kimco continuing as… Read more
Engel Burman Names CFO for Construction Division
Jericho, NY-based developer Engel Burman has hired Daniel Daragiu as CFO for its construction division. He’ll be responsible for all financial… Read more