Murray Hill Properties

Overview

Murray Hill Properties is a real estate investment and development firm based in New York City. The firm specializes in the acquisition, development, and management of commercial real estate properties, focusing on office complexes and retail facilities. They offer services such as asset development, project management, property acquisition, site selection, and market analysis. The company is licensed in New York, New Jersey, and Connecticut and is an affiliate of TCN Worldwide, a global network of real estate firms. Founded in 1973, Murray Hill Properties has a long history in the real estate industry. The firm has been involved in various significant transactions, including the sale of a multi-housing community in Manhattan's Murray Hill neighborhood for $387.5 million in 2022. This property featured 408 market-rate units and 9,693 square feet of commercial space. The firm's portfolio includes properties in the New York metropolitan area, with a focus on office and retail spaces. Murray Hill Properties is led by CEO Norman Sturner, who co-founded the company in 1973. Under his leadership, the firm has grown to become a notable player in the real estate investment and development sector, emphasizing strategic acquisitions and developments in the commercial real estate market.

Investment Focus

• Office complexes
• Retail facilities
• Commercial real estate properties