trending Market Intelligence /marketintelligence/en/news-insights/trending/acwxmqinu8wmkbgcd97kia2 content esgSubNav
In This List

Gazit-Globe unit buys retail asset in New York


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Gazit-Globe unit buys retail asset in New York

SNL Image

The Edge Retail, Brooklyn, N.Y.
Source: Gazit-Globe Ltd.

Gazit-Globe Ltd., through its unit Gazit Horizons Inc., acquired a 60,000 square-foot retail condominium complex in New York for $47.3 million.

The acquired asset is the retail component of The Edge mixed use complex in the Williamsburg area of Brooklyn. The four-building complex sits on two city blocks on Kent Avenue and comprises over 900 residential units, a 500-space parking garage, 1.75 acres of open space and a New York City ferry terminal.