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Now Happening: In the news


Prime Industrial Opportunity in Philadelphia: 2235 E. Castor Avenue
Located less than a mile from the Aramingo Avenue interchange of I-95, 2235 E. Castor Avenue presents an exceptional opportunity for businesses seeking large-scale, strategically located industrial space in Philadelphia. Property Overview Positioned on 4.33 acres, this masonry-constructed facility spans 190,911± square feet and is divisible to 82,000 SF, allowing for flexible occupancy options. The property features a 15’ clear ceiling height, 14 interior tailgate docks, and
May 5, 20251 min read


Build-to-Suit Industrial Opportunity: Riverhead Logistics Center, Calverton, NY
JLL is pleased to present an exceptional build-to-suit industrial development opportunity at the Riverhead Logistics Center, strategically located at 1743 Middle Road, Calverton, NY. Spanning ±39.7 acres, this proposed site offers two buildings totaling approximately 520,000 square feet, designed to meet the growing demand for modern industrial and logistics space in Long Island’s highly constrained market. Site Overview Total Site Area: 39.7 acres Buildings Proposed: 2 Total
May 1, 20251 min read


KABR Group sells 189K SF industrial property in Calverton, NY for $15.25M
JLL Capital Markets facilitated the sale of 901-931 Burman Boulevard, a mission-critical industrial asset in Suffolk County, Long Island MORRISTOWN, N.J., Jan. 15, 2025 – JLL Capital Markets announced today the $15.25 million sale of 901-931 Burman Boulevard, a 189,631-square-foot industrial facility in Calverton, New York. The JLL Suburban Tri-State Capital Markets team worked on behalf of the seller, KABR Group, in the sale, with Corniche Capital acquiring the asset. Situat
Mar 29, 20251 min read


Property leased by Plug Power lined up for potential $42M sale
In a noteworthy real estate development in the Capital Region, the property currently leased by hydrogen fuel-cell producer Plug Power — which serves as the company’s headquarters and manufacturing complex in Slingerlands — could soon change hands under a planned transaction involving Vista Real Estate Development and associated entities, according to reporting by the Albany Business Review . The deal, reportedly valued at approximately $42 million, centers on a 26-acre site
Mar 7, 20251 min read


Bethlehem IDA Advances Major Energy Infrastructure Agreements at February Board Meeting
At its February 26, 2025 public meeting, the Town of Bethlehem Industrial Development Agency (IDA) approved a series of resolutions advancing long-term energy infrastructure at the former Albany Steam Station, including amendments to existing lease and PILOT agreements involving Corniche Capital and its principal, David Ebrahimzadeh. The actions support continued capital investment, operational continuity, and compliance with state and local economic development objectives, w
Feb 25, 20251 min read


Real Estate Opportunity is STILL Everywhere (Mid Atlantic Real Estate Journal)
It can be hard to shake the feeling that Real Estate is old news. Fund managers complaining about shrinking cap rates and margins. Dollars shifting into more hyped and exotic assets. A house flipper on every block. Nearly identical pitches from nearly identical firms beginning to run together. But here’s our take: Real Estate remains one of the most exciting investments out there. You just need to know where to look, be prepared to do some extra work, and take into account ch
Aug 31, 20181 min read


Cushman & Wakefield Named Leasing Agent for 2501 North 15th Street in Philadelphia
PHILADELPHIA, Pa., June 6, 2018 – Cushman & Wakefield has been named exclusive leasing and sales agent for 2501 North 15th Street, Philadelphia. The commercial real estate firm’s Matthew Marshall, managing director, and Paul Garvey, senior director, are heading the assignment on behalf of the building’s owner, Corniche Capital. The 95,000-square-foot warehouse/distribution asset, which is available for sale or lease, is uniquely situated just two and a half miles north of Cen
Jun 15, 20182 min read


A New Convenience ‘Contender’?
NEW YORK — A new player in the convenience-store industry could grow to as many as 400 locations in the next three years if its acquisition pipeline holds up. The company, Corniche Capital, is under contract to acquire 12 c-stores in New Mexico before the end of the year. Although executives did not identify the seller, David Ebrahimzadeh, president and CEO of Corniche Capital, said he sees an opportunity to “become a contender” in the industry. “We recognize the fierce compe
Jun 5, 20182 min read
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