In a joint venture, Madison Marquette acquired The Center Building as part of a strategic effort to broaden our investment platform within the New York market as well as within the Office market. The Center Building has an irreplaceable location in Long Island City and also has a blue-chip tenant base, including New York City Transit Authority and the Department of Cultural Affairs.
The Center Building
After eight years of planning, Madison Marquette broke ground on the Wharf, a 3.2 million square foot mixed-use neighborhood located on a 27-acre site that stretches along nearly a mile of waterfront on the historic Washington Channel. Upon completion, The Wharf will deliver approximately 1,500 residential units, 800,000 square feet of office, 3 hotels, over 300,000 square feet of retail and entertainment, a 30,000 square foot music hall and event center, and a 500 slip marina.
As the American palate evolves and becomes more sophisticated, shopping center food courts – and dining options in general – are undergoing a transformation. Madison Marquette has capitalized on this authentic trend by strategically partnering with Steve Carlin in creating a joint-venture of Oxbow Public Market in Napa California to continue to embrace this growing movement.
Oxbow Public Market
Over the summer, Madison Marquette kicked off The Market at Fifth Avenue in Asbury Park, New Jersey. The Market at Fifth Avenue is a marketplace of local, national, and international independent shops, artists, designers and eateries, located in a single space on the boardwalk. This growing concept embodies and encourages people who believe in supporting creative development and conscious consumerism.
The Market at Fifth Avenue