Klosed Properties News Today

At the Middle Market Multifamily Forum’s Northeastern conference, a focus for small and medium sized businesses was near term survival.

Recent commercial real estate transactions in New York.

Investor plans to convert mixed use building into class A residential property with upgraded retail

Recent Commercial Real Estate Transactions Recent commercial real estate transactions in New York. By Sophia June Recent Sale Manhattan This five-story building in Murray Hill is about 9,000 square feet and contains 11 free-market apartments, most of which are one-bedrooms. It was built in 1920 and last changed hands in 2016. Buyer: Kay-Medix Seller: PR 121 East 37 Seller’s Broker: Michael Sherman of the Manhattes Group Image Recent Sale

ROBERT SHAPIRO Cushman & Wakefield announced the $1.58 million sale of 1600 Tomlinson Avenue, a 10-unit, 7,350 s/f multifamily property in Morris Park. Robert M. Shapiro, Jonathan Squires and Michael Fioravanti represented the seller. Located on the corner of Tomlinson and Pierce Avenues, the fully occupied property comprises three two-bedroom units and seven one-bedroom units. The buildings are within walking distance to the Westchester Square Subway Station and the Morris Park Subway Statio...

••• LRC Properties has purchased 4926 Southridge Blvd. in Memphis. The 640,000 s/f building, also known as the Technicolor Building, is LRC Properties’ first property in the Memphis, TN, marketplace. Brian Califf of NAI Saig Company brokered the sale. LRC Properties owns approximately four million square feet of commercial properties in the Southeast. ANDREW LICHTENSTEIN ••• LichtensteinRE announced the sale of Congers Colonial Plaza Shopping Center located at 285 North Rout...