While primarily focused on the sale and acquisition of retail-driven assets, we also have extensive experience with all types of residential buildings and commercial assets, as well as warehouses and development sites. We secure the maximum possible sale prices through focused market intelligence, customized marketing campaigns and timely closings.

The scope of our work also extends to serving as advisor or intermediary to investors looking to establish value of an asset or portfolio or add one or more properties to their portfolios.

138 Spring Street

Newmark garnered strong interest in the six-story, 18,850-SF 138 Spring Street when it brought the New York SoHo building to market. The high-profile corner location and long-term lease of the 4,600-SF retail space to Luxottica Group brand ILORI made this a strong investment opportunity. Ultimately, we arranged the sale on behalf of the seller and buyer for $48.5 million.

The Plaza at Harmon Meadow

Representing both the seller and the buyer, Newmark arranged the $64 million sale of the Plaza at Harmon Meadow, a 217,613-SF multi-building retail/office complex located in Secaucus, NJ. Our sales team was able to generate tremendous interest in the asset, which consists of 188,834-SF of retail space and 28,779 SF of office space.

NY REIT Portfolio

RKF was retained by NY REIT to market for sale its entire Manhattan retail portfolio. The sales transactions included the $31.5 million sale of four Bleecker Street properties to Toronto-based Brookfield Property Partners, the $11.2 million sale of the retail condominium at 416 Washington Street, the $25.1 million sale of the parking garage at 350 West 42 Street, and the $31 million sale of eight retail condominium units at 122 Greenwich Avenue, also known as One Jackson Square.

Lincoln Road Retail Portfolio

Newmark was retained by TriStar Capital to dispose of a three-building, 53,000-SF retail portfolio on Miami’s Lincoln Road. The portfolio was leased to major tenants, including Dylan’s Candy Bar, Fossil, Kiehl’s, Aldo, Steve Madden and Solstice. Our New York and Miami teams worked together to sell the portfolio to a partnership of Acadia Realty Trust and the Terranova Corporation for $139 million.

250 Bowery

Newmark was instrumental in procuring a purchaser for the 11,000-SF new construction retail condominium at 250 Bowery in Manhattan. We first represented a private investor in the acquisition of the asset for $15.75 million. Just two years later, while in the course of marketing the retail space for lease for that owner, we identified the International Center of Photography as a purchaser, and ended up arranging the sale to the cultural institution for $23.5 million.



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