Khim’s Millennium Market – until now a fixture only in Williamsburg – has signed on to occupy the ground floor retail space at the base of Brooklyn’s tallest residential building, The Brooklyner at 111 Lawrence Street, The Commercial Observer has learned.
The organic grocery inked the deal for the roughly 7,000 square feet of space and roughly 70 feet of frontage with Equity Residential following an intensive polling and vetting process by the building manager to find the right tenant, brokers involved with the deal said.
Archstone, the developer, operator and investor of U.S. apartment buildings, has named developer Samuel Fuller to the post of executive vice president of investments for the northeast.
Mr. Fuller was most recently president of Fuller Development, a Darien, C.T.-based company he founded. In 1993 he also helped to form AvalonBay Communities, the northern Virginia-based REIT, Read More
Lehman Brothers Holdings Inc. struck a deal last week to purchase a 26.5 percent stake in apartment company Archstone for $1.58 billion, as was first reported last week by The Wall Street Journal.
Lehman will buy the stake from Bank of America Corp. PLC, which in 2007 teamed up with Lehman to purchase Archstone through Read More