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Management News
5G LLC Signs Rooftop Connectivity Deal with UBS
5G LLC, a provider of connectivity technology solutions for the real estate industry, has signed an exclusive agreement with UBS Asset Management’s Real Estate & Private Markets business to connect rooftops in commercial properties owned by the business with leading 5G networks in the United States.
“5G LLC is delighted to be working with UBS in the United States to enable new rooftop lease revenue in a high-growth market and help manage it as a long-term asset,” said Rick Varnell, managing director of 5G LLC. “Demand is growing considerably for rooftop connectivity for 5G and other emerging real estate property technologies.”
“Working with 5G LLC will enable us to optimize our rooftop revenue strategies,” said Vasilios Diakogeorgiou, head of Strategic Initiatives, UBS Asset Management. “5G LLC will manage operational complexity related to rooftop connectivity for our portfolio of properties at scale and manage demand-side engagement with all major carriers in the United States.”
BBG Acquires VSI Appraisal Group
BBG, the nation’s largest independent commercial real estate services firm, has acquired VSI Appraisal Group, a Columbus, Ohiobased appraisal firm. Terms of the acquisition were not disclosed.
With the VSI Appraisal Group acquisition, BBG will open a new office in Columbus, complementing its existing office in the city by adding a specialty in affordable housing. The acquisition marks BBG's fifth acquisition this year. The firm has grown significantly to meet client demand, adding 15 offices in the last three years.
In addition, BBG appointed VSI Appraisal Group President David Ross, Jr., MAI, ASA, FRICS, as managing director of the office. Seven other VSI Appraisal Group professionals also joined the office. With more than two decades in real estate consulting, development and valuation, Ross is an industry leader who possesses a broad range of experience in all types of real estate properties and local knowledge of many markets across the country, the company said.
BentallGreenOak to Debut Cultural Program at 685 Third Ave.
BentallGreenOak’s (BGO) redesigned lobby at 685 Third Ave. in Manhattan, New York, will feature a new cultural program for the benefit of the tenants, neighbors and guests of the building in early 2023. This program will debut with a series of solo exhibitions by six artists, all working in unique mediums, each with a novel approach to connecting with their audiences. BGO’s focus on social connection to diverse communities is the inspiration behind this activation, produced
by D.K. Johnston.
The first artist to be featured in the program will be Reisha Perlmutter, whose work is best known for representational imagery of women in water, where she explores the unencumbered relationship between body and nature and expanding conventional beauty norms. A short film of Perlmutter’s work and the stories behind the women she paints will also be screened as part of Dave Ross
Photo via PRNewswire
Photo courtesy of BentallGreenOak
the exhibition.
The premiere of Perlmutter’s work and an artist’s reception will coincide with the completion of the building’s redesigned lobby.
Schwartz Sladkus Reich Greenberg Atlas LLP has added Turek Roth Grossman LLP to the firm. Turek Roth Grossman, a real estate, business and litigation firm based in New York, will now practice as Schwartz Sladkus Reich Greenberg Atlas LLP.
The new partners, Allen M. Turek, Jeremy S. Roth, Jason A. Grossman and Gaddi Goren, as well as associate Jeffrey Gibilaro will operate out of SSRGA’s headquarters. Turek, a partner in SSRGA’s real estate practice, has practiced in all areas of real estate law with a concentration in cooperatives and condominiums. Roth, a partner in SSRGA’s real estate practice, handles all types of commercial real estate transactions.
Grossman, a partner in SSRGA’s real estate and litigation practices, is a litigator and business advisor with over 25 years of experience. Goren, a partner in SSRGA’s real estate and litigation practices, has significant experience litigating, arbitrating and mediating commercial/business/real estate/employment. Gibilaro is an associate in SSRGA’s transactional department.
Kova Debuts Window Wall System with Patent-Pending Installation Process
Building material solutions company Kova has launched a patent-pending Window Wall System to its “Construct” product category. The system can be fully installed from the interior of the building, a process that is easier and safer than others on the market, the company said. Constructed with a non-strutted thermal break, the Window Wall System optimizes a building’s energy performance and efficiency through the thermal separation functionality. Designed with disassembly in mind, the Window Wall is 100% recyclable due to its non-strutted system, making it easy to take apart the product at the end of its life cycle so that each piece can be fully recycled. The tilt-in installation process allows for seamless project execution with minimal equipment, saving construction timelines from common “crane time” disruptions, the company added. In fact, with the right elevator, the Window Wall System can be installed without the need for any crane at all.
The Window Wall System can be installed in high-rises up to 30 to 40 stories as well as apartment buildings with four to five stories.
Kirei Launches the Wood Collection for Kirei Ink, Customizable Prints for Acoustic Panels
Kirei, a provider of eco-friendly design materials for commercial interiors, has launched the Wood Collection for Kirei Ink, custom-printed acoustic recycled PET acoustic panels and products.
Kirei Ink’s Wood Collection brings the warmth of natural wood inside and combines it with the acoustic performance of PET. The collection features five different types of printed wood — Pine, White Wash, Dark Walnut, Gray Wash and Dark Oak — to enjoy the look of natural wood without the harsh sounds of hard surfaces. Kirei Ink is 100% customizable and printed in-house so that any print can be applied to Kirei’s products, including baffles, clouds, wall tiles and more.
Kirei Ink is printed on PET felt panels made from 60% post-consumer recycled PET with numerous environmental certifications, inPhoto courtesy of Kova
Photo courtesy of Kirei
cluding Declare Label (Red List Free), HPD and Low-VOC. Kirei Ink panels are printed using water-soluble, Greenguard-certified Prographic UV ink. The LED inks contain less than .03% volatile organic compounds.
