{"id":508380,"date":"2021-06-30T12:01:09","date_gmt":"2021-06-30T16:01:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/north-signal-capital-announces-164500-sf-lease-to-jonathan-y-within-riverport-commerce-park-riverport-3-now-50-leased\/"},"modified":"2021-06-30T12:01:09","modified_gmt":"2021-06-30T16:01:09","slug":"north-signal-capital-announces-164500-sf-lease-to-jonathan-y-within-riverport-commerce-park-riverport-3-now-50-leased","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/north-signal-capital-announces-164500-sf-lease-to-jonathan-y-within-riverport-commerce-park-riverport-3-now-50-leased\/","title":{"rendered":"North Signal Capital Announces 164,500 SF Lease to Jonathan Y within RiverPort Commerce Park. RiverPort 3 Now 50% Leased."},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n HARDEEVILLE, S.C.<\/span>, June 30, 2021<\/span> \/PRNewswire\/ —\u00a0Today,\u00a0North Signal Capital, is pleased to announce the execution of a 164,500 SF, 5-year lease with Jonathan Y within RiverPort Commerce Park. Jonathan Y is a growing luxury home furnishings and lighting company based in New York City<\/span>.<\/p>\n

\n

\n
\n \"North
\n <\/a>\n <\/p>\n<\/p><\/div>\n

Following the execution of the lease earlier this month, North Signal is working with Jonathan Y to construct their customized premises within RiverPort 3 (362 Exchange Place Hardeeville, SC<\/span>). The upfit work is expected to be complete in September.<\/p>\n

“Following a thorough site selection process, we are excited to build our relationship with both North Signal and the Georgia Ports Authority. These premises create real economic value for us: lower direct occupancy costs, lower operating expenses, more productivity,” said Jonathan Yaraghi<\/span>, President, Jonathan Y.<\/p>\n

“We are thrilled to support both Jonathan Y’s expansion into the Southeast as well as the ongoing economic development of the greater Savannah market. Jonathan Y is likely to create more than 40 jobs at this location as soon as September. We look forward to a growing partnership with the Jonathan Y team,” said Peter Goulding<\/span>, Partner, North Signal Capital.<\/p>\n

Jonathan Y was represented by Bill Sparks<\/span> of CBRE-Savannah.\u00a0“In today’s tight Savannah industrial market, RiverPort really stood out not only for their well-located, high-quality building but also for their responsiveness to tenant needs, compelling economic incentives and low property taxes,” said Bill Sparks<\/span>, Senior Vice President, CBRE Savannah.<\/p>\n

North Signal was represented by William Lattimore<\/span> at CBRE Savannah. William represents North Signal on the remaining approximately 4.2 million square feet within RiverPort Commerce Park. This includes the remaining 164,500 SF in RiverPort 3 as well as RiverPort 2 (608,000 SF delivering December 2021<\/span>) and RiverPort 4 (206,000 SF delivering January 2022<\/span>). For more information regarding RiverPort Commerce Park, please visit www.riverportcommerce.com<\/a>.<\/p>\n

\n About Jonathan Y<\/b>
\n
The JONATHAN Y collection offers affordable, on-trend home decor with high-end designer styling. Shoppers can find JONATHAN Y lighting, area rugs and accent furniture on the company’s website and at top retail chains and ecommerce sites. Every product is shipped in eco-friendly packaging, stocked in the U.S. for fast, easy delivery – powered by an AI-based distribution system. JONATHAN Y is a brand that is built for e-commerce, creating a style revolution in today’s homes.\u00a0For more information regarding Jonathan Y, please visit www.jonathany.com<\/a><\/p>\n

\n About CBRE Group, Inc.
<\/b>CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas<\/span>, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com<\/a>.<\/p>\n

\n About North Signal Capital
<\/b>North Signal Capital LLC is a real estate investment and development firm with offices in Stamford, CT<\/span> and Charleston, SC<\/span>. \u00a0North Signal seeks to maximize risk-adjusted returns by employing a value-based approach to real estate investing. North Signal targets investments supported by long term secular trends. For more information regarding North Signal Capital LLC, please visit www.northsignal.com<\/a>.<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/north-signal-capital-announces-164-500-sf-lease-to-jonathan-y-within-riverport-commerce-park-riverport-3-now-50-leased-301323365.html<\/a><\/p>\n

SOURCE North Signal Capital LLC<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire HARDEEVILLE, S.C., June 30, 2021 \/PRNewswire\/ —\u00a0Today,\u00a0North Signal Capital, is pleased to announce the execution of a 164,500 SF, 5-year lease with Jonathan Y within RiverPort Commerce Park. Jonathan Y is a growing luxury home furnishings and lighting company based in New York City. Following the execution of the lease earlier this month, North Signal is working with Jonathan Y to construct their customized premises within RiverPort 3 (362 Exchange Place Hardeeville, SC). The upfit work is expected to be complete in September. “Following a thorough site selection process, we are excited to build our relationship with both North Signal and the Georgia Ports Authority. These premises create real economic value for us: lower direct occupancy costs, lower … <\/p>\n

Continue reading “North Signal Capital Announces 164,500 SF Lease to Jonathan Y within RiverPort Commerce Park. RiverPort 3 Now 50% Leased.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-508380","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNorth Signal Capital Announces 164,500 SF Lease to Jonathan Y within RiverPort Commerce Park. 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Jonathan Y is a growing luxury home furnishings and lighting company based in New York City. Following the execution of the lease earlier this month, North Signal is working with Jonathan Y to construct their customized premises within RiverPort 3 (362 Exchange Place Hardeeville, SC). The upfit work is expected to be complete in September. “Following a thorough site selection process, we are excited to build our relationship with both North Signal and the Georgia Ports Authority. These premises create real economic value for us: lower direct occupancy costs, lower … Continue reading "North Signal Capital Announces 164,500 SF Lease to Jonathan Y within RiverPort Commerce Park. 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