Deals of the Day: May 13

Leases

Consulting firm focused on life sciences takes Midtown East sublease

Address: 909 Third Ave., Manhattan
Sublandlord: Interpublic Group
Subtenant: Blue Matter Consulting
Lease size: 11,933 square feet
Asset type: Office
Brokers: Newmark’s Thomas Burrus represented the subtenant.

Sales

Private equity firm makes massive Madison Avenue purchase

Address: 645 Madison Ave., Manhattan
Seller: National Realty and Development Corp. and Gibraltar Management Co.
Buyer: Titan Golden Capital
Sales price: Approx. $197 million
Asset type: Commercial

Square Mile Capital sells Maspeth industrial site

Address: 58-30 Grand Ave., Queens
Seller: Square Mile Capital Management
Buyer: The Davis Cos.
Sales price: Approx. $51.3 million
Asset type: Industrial

Yechiel Newhouse buys Morris Heights residential building

Address: 1514 Sedgwick Ave., the Bronx
Seller: Sharp Management
Buyer: Yechiel Newhouse
Sales price:

→ Continue reading at Crain's New York Business

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