Page 7 - Kyle Schmidt News Today

With the acquisition, EverWest has purchased nearly $200 million in tri-state industrial real estate in the past several months.

Cushman & Wakefield announced it arranged the sale of the I-80 Shallow Bay Industrial Portfolio for $22 million.

Cushman & Wakefield was exclusive advisor for $107.4 million in acquisition and construction financing at Bayonne Logistics Center.

A fund sponsored by CBRE Investment Management acquired the asset.

The latest transactions in Long Island commercial real estate.

The 93,971-square-foot building on 4.35 acres traded for more than three times what it sold for just two years ago.

C&W team arranges $114M financing for multi-state deal

Share Cushman & Wakefield has arranged the sale of the Moorestown Distribution Center, a 272,682 s/f industrial asset located at 14 Sbar Boulevard, 10 miles from Center City Philadelphia. The final sale price was $23,250,000. A Cushman & Wakefield team of Gary Gabriel, Kyle Schmidt, David Bernhaut and Seth Zuidema, with assistance from local leasing specialists John Gartland and Jonas Skovdal, represented the seller, the Piperno Family, owner of craft wholesaler Sbar’s. NorthBridge Partn...

DEVILS LAKE JOURNAL SPECIAL FEATURE NORTH DAKOTA– Tim Gienger, Clinical Director at Dakota Boys and Girls Ranch, received the Employer Support of the Guard and Reserve (ESGR) Patriot Award recently for the extraordinary support he provides his employee Kyle Schmidt, Captain, North Dakota Army National Guard. “The Patriot Award was created by ESGR to publicly recognize individuals who provide outstanding patriotic support and cooperation to their employees who have answered their nation’s ...

SALES The McSam Hotel Group has sold a 7,000 s/f, three-story building at 152 West 24th Street between Sixth and Seventh Avenues (pictured top) for $7.68 million. Joe Genovese of Lee Odell Real Estate represented the seller. Savills represented the buyer, Bideawee animal welfare and pet adoption organization. The nonprofit will re-locate from its Midtown East location and, following a comprehensive renovation of the building, the property will serve as a state-of-the-art pet adoption center....