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NEREJ: Besen Partners leases 30,000 s/f building to Bankwell Financial Group – located at 258 Elm St. in New Canaan

New Canaan, CT An affiliate of Besen Partners, LLC, a New York-based full-service real estate advisory firm, has leased 258 Elm St. to Bankwell Financial Group. Bankwell signed a 10-year lease for the entirety of the 30,000 s/f office building, which will serve as the group’s headquarters. Its award-winning subsidiary, Bankwell Bank, is considered one of the state’s leading banking institutions, with 12 branches throughout Fairfield and New Haven counties.

NYREJ: Gelernter of Spur House Partners and Bernstein of Besen Partners facilitate $7m off-market sale

According to Spur House Partners the firm has completed the $7 million off-market sale of 166 First Ave., a five-story walk-up between East 10th and 11th Sts. in the East Village. Shlomo Gelernter of Spur House Partners represented the buyer, Drew Popkin of Highpoint Property Group; and Jay Bernstein of Besen Partners represented the seller, 166 1st Avenue Realty Group. The 6,695 s/f building that was...

Hospitality Net: MCR Acquires the Aloft by Marriott in Downtown Houston

Everything is bigger in Texas — including the hotel rooms! MCR — the country’s 4th-largest hotel owner-operator — has acquired the 168-room Aloft Houston Downtown, a modern, 11-story hotel located in Houston. This is the company’s 38th hotel in the Lone Star State. The Aloft’s location is a huge draw: The hotel is just a five-minute drive from the George R. Brown Convention Center (the...

Real Estate Weekly: 147 Duane Street Sold – $7.1 Million

Besen Partners completed the sale of 147 Duane Street in TriBeCa for $7,100,000. Ron Cohen and Jay Bernstein represented the seller, and Anna Ji of Kian Realty procured the purchaser. The property is a 5-story mixed use elevator building containing four free market apartments and 1,000 s/f of retail on the ground floor. The 6,200 s/f building is 25 ft. wide and has a usable basement. The apartments...

Cohen and Bernstein of Besen Partners facilitate $1.035 million sale

Besen Partners has completed the sale of 3137 Fulton St., a two-story, 3,368 s/f mixed-use building with two apartments and a store. The subject is located in the Cypress Hills neighborhood. Besen Partners exclusively represented the seller and procured the purchaser in this transaction. The sale was handled by Ron Cohen and Jay Bernstein. The property sold for $1.035 million, which translates to a 6.1%...

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