Barry Gosin, CEO of Newmark, describes the deal for which he received an award from the Real Estate Board of New York for the Most Ingenious Deal after only working in the commercial real estate industry for two years.
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📲Catch the entire video on - https://t.co/I2ZY6YvLJn
Newmark Vice Chairman, @jayluchs, explains how a retail store defines a brand and why he believes brick and mortar retail is not going anywhere.
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🍿Catch us on YouTube - https://t.co/B1IMRqxXMB
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#realestateagents#brokers#cre#decision#property@Newmark
JUST CLOSED • 18060 Euclid Street • $8,500,000
18060 Euclid Street is a 38,500 SF retail building in Fountain Valley, CA. The Property was delivered vacant to the new owner who intends to occupy the building.
#cre#californiarealestate#datatodeals
Downtown Los Angeles has a number of long-term selling points:
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1. Center of the metro system
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2. Substantial amount of multi-housing development, including hotels and large available blocks for expansion or consolidation
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3. Lower Office rents than most of West Los Angeles
While most deals have been focused on renewals and extensions, the LA Dept. of Water and Power signed a 132,459 SF lease in 2020 and 915 Wilshire Blvd was sold to a German Investment firm for more than $180 million, which was the largest sale in the United States during Q4 2020.
JUST CLOSED • 450 American • 💲30,000,000
450 American is a 209,404 SF office building in Simi Valley, CA.
Rentable Area: 209,404 SF
Buyer: Top Terraces, Inc.
Seller: Griffin Capital Essential Asset REIT, Inc.
#leased#cre#realstateinvesting#invest#realestate#datatodeals
🚨Join us on Data to Deals LIVE THURSDAY (1/14) at 3 PM PST • 6 PM EST with Newmark's Ryan Plummer and special guest, Howard Schwimmer.
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Howard Schwimmer serves as Rexford Industrial's Co-Chief Executive Officer and he sits on its Board of Directors.
Previously, he served as the Co-Founder and Senior Managing Partner of Rexford Industrial Realty. From 1982 to 2001, he was as a commercial real estate broker for DAUM Commercial Real Estate, one of California's oldest industrial brokerage companies.
From 1982 to 2001, he was as a commercial real estate broker for DAUM Commercial Real Estate, one of California's oldest industrial brokerage companies.