Israeli insurance giant Migdal Group bought a 49 percent stake in an 18-story Garment District office building owned by ATCO Properties & Management, the seller told The Real Deal. ATCO bought the 165,000-square-foot building at 240-246 West 35th Street late last year from RPW Group for $108 million.
Read MoreCo-President of ATCO, Kate Goodman, was recognized for her industry expertise and leadership by New York Real Estate Journal in their October spotlight on women in building services. She and her fellow honorees share their insights.
Read MoreCamp North End, arguably one of Charlotte's most transformative real estate projects got the green light from Charlotte City Council to receive $15 million in public funding to help pay for road improvements. This funding is in conjunction with private contribution to the sites' development.
Read MoreATCO stands along with the eleven other leading New York City property managers on the Sustainability Committee of The Real Estate Board of New York ("REBNY") in the pledge to use and promote fiscally, socially, and environmentally responsible business practices.
Read MoreCharlotte artists Amy Bagwell, Graham Carew and Amy Herman are now ready for their third act (after a second, temporary 2.0 version that was also uptown): moving to Camp North End, north of uptown, has given Goodyear Arts twice as much space, more options and, with a three-year lease, lets them finally escape emergency mode. This move “is a huge opportunity for them,” says Jennifer Sudul Edwards, “They no longer have to hustle for space. This move will free their minds up to support artists in even more substantive ways.”
Read MoreCamp North End could bring in $350 million in taxes annually, with the potential for
up to 4,500 new jobs, in its first 10 years. Private funding paired with Community Investment Plan bond funds will dramatically improve infrastructure servicing the area.
ATCO Properties & Management has signed eight local businesses, creative enterprises and artists as Camp North End’s second round of tenants.
Read MoreCamp North End is arguably one of the most anticipated real estate projects in the Queen City. It encompasses 75 acres and more than 1 million square feet of warehouse space primed for
adaptive reuse. ATCO has appointed the local office of Cushman & Wakefield to lease the component of Camp North End.
This third location will be the biggest by far.Hygge Camp North End will span 10,000 square feet in a former Rite Aid office building. That means this location will have a lot of private office space (including offices with windows, which aren’t available at any other Hygge location).
Read MoreCamp North End is a long-term play. The massive development just north of Uptown will take 20 years, most likely, to fully build out.But it will be a hub of activity sooner than you think. Camp North End will be holding private events and Friday night public gatherings as soon as this summer.
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