Group RMC

https://lnkd.in/ekyGVF_6 "The volume of office building sales increased to $63.6 billion in 2024, up 20% from 2023, according to data firm MSCI. That activity still pales compared with 2015 to 2019, when volume averaged $142.9 billion a year. But it marked the first increase since 2021. And with a lot of cash sitting on the sidelines, brokers expect sales activity to continue to accelerate in 2025. Opportunistic real-estate funds had $196.8 billion available at the end of last year, up from $179.9 billion at the end of 2020, according to data fund Preqin."

LEASE Learn More: https://lnkd.in/gxDzNFkQ IMAGE: Peter Adamo, Adam Lawler, Maher Cherfan, Dirk Riekse, Edward Lehner & Jordan Rovito DATE: 02/27/2025 ADDRESS: 2655 Warrenville Road MARKET: Downers Grove ASSET TYPE: Office ~ SF: 46,000 LANDLORD: Maher Cherfan - Group RMC TENANT: Edward Lehner - Ryerson LANDLORD'S REP: Adam Lawler & Peter Adamo - CBRE TENANT'S REP: Dirk Riekse & Jordan Rovito - Cushman & Wakefield NOTE: Ryerson leased 46,000 SF at Group RMC’s Corridors II in Downers Grove, keeping the 150,000 SF building nearly fully occupied after UnitedHealthcare’s exit. The deal reflects a broader trend of tenants favoring well-maintained Class A offices amid record suburban Chicago vacancy rates. #Chicago #RealEstate #TradedChicago #DownersGrove #Office #EdwardLehner #Ryerson #MaherCherfan #GroupRMC #AdamLawler #DirkRiekse #JordanRovito #CushmanandWakefield #PeterAdamo #CBRE

"Well capitalized assets like Corridors and ownership groups like Group RMC that have innovative financing structures to provide upfront capital for tenant improvement and leasing costs have an advantage in the market and can transact long-term deals with tenants"

Today, the Group RMC team and our partners had the opportunity to visit the sites of our NYC-based Ground Leases. We're excited to be involved in these forward-thinking projects and look forward to their continued success! #RealEstate #NYC

https://lnkd.in/dVhc78QX "Starbucks is slated to activate a vital corner on Laura Street —?downtown Jacksonville's main corridor. The Seattle-based coffee giant signed a lease for space on the ground floor of the Bank of America Tower at 50 N. Laura St. The space will be blown out to create a street-facing storefront with doors opening onto Laura Street. The owner, Group RMC, has embarked on a second phase of renovation for the office tower, focusing on ground-floor restaurant and retail that is open to the public. The tower at 50 N. Laura St. is owned by an investment manager focused on long-term real estate ownership. Group RMC bought the 43-story tower and two other properties in?December 2020 for $75.5 million."

We are proud to announce the successful closing of the Brookfield Lakes Retail Center in Brookfield, Wisconsin. A big thank you to Adam Connor and Colliers Investment Services Team Wisconsin

https://lnkd.in/esFxc942 "(Bloomberg) — Blackstone Inc. (BX), the world’s largest commercial property owner, said the worst is over for the global office market after a prolonged slump fueled by the pandemic. Office has bottomed, particularly in stronger markets and better-quality buildings,” Blackstone President Jon Gray said in an interview before the firm reported fourth-quarter earnings Thursday.

https://lnkd.in/eaEY2myw "Now, Falsetto, and AHG, which owns nine, going on 12, restaurant/bar concepts in Miami, one of which has a Michelin Star, wants in. And the group has a place to go — the Bank of America tower in downtown Jacksonville, one of the city skyline’s most prominent buildings. Restaurant concept plans are in final stages in preparation to start as soon as possible, Falsetto said. The tower at 50 N. Laura St. is owned by Group RMC, an investment manager focused on long-term real estate ownership. It bought the 43-story tower and two other properties in December 2020 for $75.5 million. The group renovated the building two years ago, installing new lighting and furniture. That was considered phase one of the upgrades, general partner Alex Massa said. It then intended to build-out an amenity floor, transforming one of the floors into a fitness center, community hub and conference center. However, instead of an isolated floor of amenities, Group RMC has shifted to creating amenities on the ground floor that are street-facing and will add to downtown’s revitalization."