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Transwestern brokers 124,000 s/f charter school deal at new Inwood building

Transwestern brokers 124,000 s/f charter school deal at new Inwood building
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School takes 85,000 s/f in new Queens tower | Real Estate Weekly

Transwestern Real Estate Services (TRS) represented Central Queens Academy Charter School (CQA) in an 85,000 s/f transaction for a new school in the Justice Avenue Tower at 88-08 Justice Ave. in Queens. Transwestern’s Stephen Powers, Lindsay Ornstein, Arthur Skelskie, Jake Cinti and Alexander Smith provided tenant advisory services to CQA. CQA’s new school is scheduled to open for the 2021-2022 academic year and will serve approximately 900 students in kindergarten through eighth grade. The school will be located on the first, third and fourth floors of Justice Avenue Tower, which is currently under construction. The school will include numerous classrooms, administrative offices and a cafeteria. The expansion includes plans for a 4,000 s/f gymnasium on the same block that is expected to be open in 2024.

SELLING POINTS: Middle market sales, exclusives

ROBERT SHAPIRO Cushman & Wakefield announced the $1.58 million sale of 1600 Tomlinson Avenue, a 10-unit, 7,350 s/f multifamily property in Morris Park. Robert M. Shapiro, Jonathan Squires and Michael Fioravanti represented the seller. Located on the corner of Tomlinson and Pierce Avenues, the fully occupied property comprises three two-bedroom units and seven one-bedroom units. The buildings are within walking distance to the Westchester Square Subway Station and the Morris Park Subway Station. The Bronx Zoo, Botanical Gardens, Albert Einstein College of Medicine and Jacobi Medical Center are in close proximity. JACKLENE CHESLER ••• Colliers International Group Inc. closed the sale of 7 Becker Farm Road, a multi-tenant office building in Roseland, New Jersey.

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