Category: New

USI signs full-floor lease at 261 Madison

A longtime subtenant just became a tenant at Sapir Organization’s 261 Madison Avenue. USI Insurance Services, an insurance brokerage and consulting company, just signed a lease for 34,080 square feet for a space between East 38th and East 39th Streets it had occupied since 2012, according to the Commercial Observer....

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Newmark files for $100M IPO

From TRD LA: Newmark Group filed for a $100 million initial public offering with the U.S. Securities and Exchange Commission on Monday. The entity, which is being spun off from its parent company, Howard Lutnick’s BGC Partners, will include the commercial brokerage Newmark Knight Frank and the mortgage firm Berkeley...

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Pinnacle Group buys Queens building for $32M

Joel Weiner’s Pinnacle Group has added to its New York portfolio with the $31.5 million purchase of a 113-unit residential building in Queens. The Rego Park building, located at 97-25 64th Avenue, is 98,000 square feet, and seller Oregon Realty Company had owned it since 1972. Pinnacle did not respond...

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Pei Wei Names Jim Lebs New Chief Financial Officer

Leading Pan-Asian chain adds executive talent to fuel growth Dallas, TX  (RestaurantNews.com)  Pei Wei, the leading Pan-Asian, fast-casual restaurant brand, is continuing its executive team expansion with the addition of Jim Lebs as Chief Financial Officer. “We are excited to add Jim to our Pei Wei leadership team as we...

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San Juan Welcomes 1st Nestlé Toll House Café by Chip

Popular bakery café chain celebrates grand opening San Juan, P.R.  (RestaurantNews.com)  Puerto Rico is now a whole lot sweeter. Nestlé® Toll House® Café by Chip® recently opened its first café in San Juan at 55 Condado Ave., inside the Best Western Plus Condado Palm Inn & Suites. San Juan’s new...

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Pie Five Pizza’s New Website Will Make You Drool

Fast casual pizza trailblazer upgrades online customer experience Dallas, TX  (RestaurantNews.com)  Logging on to Pie Five Pizza’s new website just might make your mouth water. The brand known for customizable pizzas prepared and ready to enjoy in just five minutes has upgraded their website to include bold, fresh food imagery...

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