Avram Holzer represented the seller and buyer in the sale of this 266,000 square foot shopping center. The property is anchored by Home Depot and A&P. Additional credit tenants include McDonalds, Exxon Mobile, and Family Dollar. The buyer used the acquisition to complete a 1031 tax-free exchange, an area in which Halpern is well versed.

Avram Holzer represented the purchaser of this 1.2 million square foot distribution center leased to three tenants: Caterpillar, Inc., Protein Technologies (a unit of Dupont and Bungee International) and Centrepot, a large private import/export company.

In a off market deal, Jack Blachman represented the seller of a art deco 12-story apartment building containing 69 apartments totaling approximately 65,700 square feet. Located between Pierrepont and Clark Streets in the Brooklyn Heights section of Brooklyn. The property has open sky views of the river and Downtown Manhattan and is one of the last pre-war apartment buildings not to be converted in Brooklyn Heights.  The same family owned the property for over 25 years. We were not permitted to promote the property and were only allowed to show it to our pre-screened top investors. The property traded for approximately 5.3 cap rate.   The current owner intends to convert the property to high- end condominium units. 

In a off market deal, Jack Blachman represented the seller of this 12-story office building containing approximately 95,000 square feet located in the Harold Square/Midtown-West section of Manhattan. The Property sold at a capitalization rate of approximately 7.2%. The purchaser was required to pay $11,825,000. cash over the $6,675,000. of existing debt. The deal closed within 30 days.

In a off market deal, Jack Blachman represented the seller of a 10-story rent regulated apartment building containing 24 classic seven apartments totaling approximately 62,500 square feet located on the upper West Side section of Manhattan. The same family owned the property for over 60 years and the property was absentee managed. We were not permitted to promote the property and were only allowed to show it to our pre-screened top 10 investors. The property traded for a negative cap rate.   The current owner intends to convert the property to high- end condominium units. 

Office - Exclusive sales adviser to the ground interest for this 600,000 square foot Class B office building. Formed a unique joint venture between the ground and the lessee.

Office -Exclusive sales adviser to the ground interest for this 88,000 rentable square foot downtown office building. Joined the ground position with the lessee and sold the building as a fee position thereby creating greater marketability and value.

Exclusive sales advisor for a Manhattan based non-profit organization of a 70,000 square foot, 93% leased Class C office building. Intense bidding was generated resulting in a hard contract at an 8% current capitalization rate. This property is now being converted to condominiums.

Exclusive Mortgage Broker for NJ based developer. Financing was arranged through a Wall Street conduit for this 70,000 square foot neighborhood shopping center. The shopping center is anchored by Stop & Shop.

Exclusive Mortgage Broker for NJ based owner. Financing was arranged with a Wall Street conduit for this 180,000 square foot industrial building.

Negotiated work-out agreement with IMD tenants. Arranged acquisition and development financing and was retained as exclusive sales advisor in connection with the offering of 10+ apartments in two luxury residential loft conversions.