Since hiring an international real estate brokerage firm in 2018, CPS Energy has struggled to sell its former Jones Avenue Service Center at 326 W. Jones Ave.
CBRE
Staybridge Suites purchase expands local partnership’s St. Paul Square control
Over the last five years, the partnership of developer David Adelman, and real estate executives Michael Jersin and Don Thomas of CBRE, have come to dominate St. Paul Square.
GrayStreet Partners’ big dream for Houston Street that never materialized
In 2015, GrayStreet Partners announced it had purchased several iconic buildings on East Houston Street, and spoke of the corridor’s rebirth. Nearly seven years later, the local developer has been selling off its assets as it shifts focus, and capital, to other projects.