Stonehenge hires first director of retail leasing

TRD New York /
Feb.February 03, 2012 03:30 PM

Stonehenge Partners has hired commercial leasing pro Luciana Francese as director of retail leasing, the company said today. Francese, who was previously director of leasing at G&S Investors, will oversee the company’s commercial portfolio, which consists of over 750,000 square feet of retail, office and garage space in Manhattan.

Francese has a “great reputation and track record in successfully repositioning commercial properties,” said Ofer Yardeni, a managing partner of Stonehenge. “She will help us maximize the value of the commercial component of our portfolio.”

Francese’s position is a new one at the firm, a spokesperson said.

In the last 12 months, Stonehenge has acquired over $500 million of properties in Manhattan, it said. As The Real Deal previously reported, the firm recently joined forces with SL Green Realty and retail investor Jeff Sutton to purchase the David Frankel Realty portfolio, which includes high-end retailer Prada’s location at 724 Fifth Avenue. The deal closed earlier this week. — Katherine Clarke


Related Articles

arrow_forward_ios
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork’s side businesses are fizzling

SoftBank rescue plan would bring WeWork’s valuation to $8B

Bank OZK reports uptick in construction lending in Q3

Minority real estate professionals still fight racial and gender barriers: TRD Miami Showcase & Forum

Data Alert: What’s going on with i-sales in Manhattan and Brooklyn?

Clockwise from left: 532-542 Union Street and 232 Third Avenue in Gowanus, Tavros' Colin Rankowitz and Avery Hall's Brian Ezra (Credit: Terra CRG, Tavros, Avery Hall)

Gowanus gold rush: Avery Hall, Tavros, Charney buy sites for $55M

arrow_forward_ios