Selling price: $ 72 million
Macerich Co. Sold the Atlas Park stores, a retail complex of 1 million square foot, 10 buildings on Ashkenazy Acquisition Corp. The acquisition was funded by a loan of $ 43 million from ACORE Capital. The investment was remarkably higher compared to the previous sale in which the real estate was involved, in 2011, when Macerich Co. $ 53.8 million for it paid.
Atlas Park stores were located in the Glendale district, with four-storey buildings, with the retail space of a total of 490,600 square feet, while 513,000 square foot is allocated for parking structures. Remarkable tenants include Foot Locker, New York Sports Club, Regal Cinemas and TJ Maxx.
Selling price: $ 54.5 million
Namdar Realty Group has purchased the retail units in a 21-storey residential tower in Brookyn ‘Dumbo neighborhood of Cim Group. The new property has also provided an acquisition loan of approximately $ 40 million from Blue OWL Capital.
A total of 136,318 square base are the retail units within a 407 unit of condominium tower known as Front & York, developed by CIM Group and LivWRK in 2021.
Sales price: $ 42.5 million
CW Realty took the 8,000 square base, one floor retail duo from A&H Acquisitions Corp. The seller planned a residential makeover in real estate, sold in collaboration with Bridges Development Grou, in a deal organized by Newmark, according to Newmark, according to Newmark, according to Newmark, according to Newmark, according to Newmark, according to Newmark, The real deal.
S3 Capital has issued a GAP mortgage of $ 32.5 million and a loan of $ 43.5 million through a consolidated and repeated mortgage on behalf of the buyer.
The acquisition comes after the city council has approved a re-use of the property, which made way for a 250,000 square foot, 13-storey multifamilie development with 20 percent of the expected units for affordable homes.
Selling price: $ 41 million
Triangle Equities sold the 72,203 square foot Retail Condominium unit in the Midwood neighborhood of Brooklyn. The new property is Little Rock Construction and the deal was held by necklaces, according to Commercial observer.
The retail component is part of the Triangle Junction shopping center, a building of 241,735 square foot that is currently being rented to Target, HomeGoods, AT&T and others.
Selling price: $ 28.9 million
The retail apartment of a total of 243,916 square foot in the former headquarters building of the New York Times was sold with a steep discount due to a shield. The former owner, Kushner Cos., Fault in 2024 on a loan of $ 285 million, with Keybank possessing the property, now owned by a private entity.
The retail space in Times Square last changed owner for $ 296 million in 2015, when Kushner Cos. Took over the building. From 2020, large tenants, such as National Geographic, became in the retail space that are not in default in the event of lease payments. Now it is only 34.5 percent occupied and the new property is planning to move the real estate Midtown in a mix of retail, restaurant and entertainment, according to Creed.
– Posted on September 2025
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