Posted on 1/12/21
Newmark Appoints Richard Bertasi as CEO of Global Corporate Services
Newmark Group, Inc. (NASDAQ: NMRK) today announced the hiring of Richard Bertasi as Chief Executive Officer of its Global Corporate Services (“GCS”) business. Rick, with more . . .
Posted on 1/11/21
W. P. Carey Announces Four Industrial Investments Totaling $121 Million
Brings Total Investment Volume for 2020 to Approximately $826 Million W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits . . .
Posted on 1/11/21
CBRE Arranges Sale Of Industrial Property In Vineland, NJ
Fully Leased 269,500 Sq. Ft. Regional Distribution Center Sold for $22 MillionCBRE announced today the $21.95 million sale of 3254 N. Mill Road in Vineland, New . . .
Posted on 1/11/21
PREIT Sets Stage for Next Phase of Evolution with Approval of 1,065 Apartment Units at Moorestown Mall
PREIT (NYSE: PEI), today announced that the Company will proceed with its plan to transform its properties into multi-use, sustainable districts with the execution of a . . .
Posted on 1/8/21
WCRE Represents Snacky Ventures in the Sale and Marketing of 9275 Commerce Highway, Pennsauken, New Jersey to C.L.E. COMMERCE HWY
WCRE is proud to have exclusively represented Snacky Ventures, LLC in the exclusive sale and marketing of 9275 Commerce Highway, Pennsauken, New Jersey to C.L.E. COMMERCE . . .
Posted on 1/8/21
Marcus & Millichap Arranges The Sale Of A 138,445-Square Foot Retail Property
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of . . .
Posted on 1/8/21
Marcus & Millichap Arranges The Sale Of A 16,335-Square Foot Office Building
Marcus & Millichap (NYSE: MMI), announced today the sale of NNN - Medical Office - Hershey, PA., a 16,335-square foot office property located in Hershey, PA, . . .
Posted on 1/8/21
Erasteel Completes Sale of 95 Fulton Street in Boonton, New Jersey
JLL Northeast Industrial Markets announced that it has completed the sale of 95 Fulton Street in Boonton, New Jersey on behalf of Erasteel, Inc. The 55,000-square-foot . . .
Posted on 1/8/21
$92.5M Multifamily Sale Completed by Marcus & Millichap in Northern New Jersey
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of . . .
Posted on 1/8/21
St. John Properties Hires Larontay Gates Toin-House Property Management Team
St. John Properties, Inc., a Baltimore-based full-service commercial real estate development and investment company, has announced the hiring of Larontay Gates to the company’s in-house property . . .
Posted on 1/8/21
Newmark Q4 Philadelphia Office Market Report
Philadelphia Office MarketAverage Asking Rent (Price/SF)$30.36Vacancy Rate (%)15.1%Net Absorption (SF)-685,514As the saying goes, “it’s always darkest before dawn.” In the final quarter of 2020, office occupiers . . .
Posted on 1/8/21
Newmark Q4 Northern New Jersey Office Market Report
New Jersey Office MarketAverage Asking Rent (Price/SF)$29.87Availability Rate (%)25.0%Net Absorption (SF)-2,228,716The Northern New Jersey office market finished the year with a fourth consecutive quarter of negative . . .
Posted on 1/7/21
Gaming and Leisure Properties Promotes Steven Ladany to Chief Development Officer
WYOMISSING, Pa., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today the promotion of Steven Ladany to Senior Vice President, Chief . . .
Posted on 1/7/21
CBRE Arranges Sale Of Industrial Building In Green Brook, NJ
Recently Renovated, Fully Occupied TripleNet Leased Flex/Warehouse Asset Sold to Out-of-Town Buyer in 1031 ExchangeCBRE announced today the sale of a single-story, 13,000 sq. ft. fully . . .
Posted on 1/7/21
Edge Brokers Sale Of 28,000 SF Industrial Building in Montgomery County, Maryland For $6.85M
Asset is 100% leased and occupied by Tesla Body Repair CenterEdge, a full-service commercial real estate firm with offices in Washington D.C., Virginia, Maryland and Pennsylvania, . . .
Posted on 1/7/21
Lexerd Capital Management LLC Sponsored Fund Acquires Spring Valley Club Apartments in Panama City, FL and Avenue 29 Apartments in Tallahassee, FL
Lexerd Capital Management LLC, a New Jersey-based sponsor of private equity funds, announced today that one of its funds has acquired Spring Valley Club Apartments in . . .
Posted on 1/7/21
Sterling Organization Acquires 94,550 sq. ft. Grocery-Anchored Shopping Center in Sewell, NJ
West Palm Beach, FL, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the acquisition of . . .
Posted on 1/7/21
Five Buildings, Comprising Nearly 200,000 SF Of Space, Now LEED Certified At Ashburn Crossing
82 commercial buildings, totaling more than 5 million square feet of space, are LEED certified in St. John Properties portfolio that spans eight states nationwideFive commercial office . . .
Posted on 1/7/21
CBRE Arranges Two Long-Term Lease Renewals At Continental Plaza In Hackensack, NJ
CBRE announced it has completed two large lease renewals at Continental Plaza in Hackensack, New Jersey. The tenants signing long-term lease renewals at the trophy Class . . .
Posted on 1/6/21
Realogy Announces Upsizing And Pricing Of Its $600M Offering Of Senior Notes
Realogy Holdings Corp. (NYSE: RLGY) announced today that its indirect, wholly-owned subsidiary, Realogy Group LLC, together with a co-issuer, priced $600 million aggregate principal amount of . . .
Posted on 1/6/21
JLL Completes Leases With Western Union And Orion Innovation at 300 Tice Boulevard, Woodcliff Lake, New Jersey
International money transfer services leader takes 10,640 square feet and global business and technology services firm renews 4,400-square-foot space at Class-A office buildingJLL, representing Hudson Equities, . . .
Posted on 1/6/21
Bright MLS Names Abhinav Gupta to Its Leadership Team
Bright MLS, the leading multiple listing service (MLS) in the Mid-Atlantic US representing 95,000 real estate professionals in Delaware, Maryland, New Jersey, Pennsylvania, Virginia, Washington, D.C., . . .
Posted on 1/6/21
CBRE Appointed Exclusive Leasing Agent For 3.0 University Place
CBRE kicks off major leasing campaign for life sciences project at 4101 Market Street, developed by Silverstein Properties, Cantor Fitzgerald and University Place Associates Silverstein Properties, . . .
Posted on 1/6/21
Mack-Cali Announces Sale of Riverwatch Commons and Crystal House Apartments; Refinances The Emery at Overlook Ridge
Mack-Cali Realty Corporation (NYSE: CLI) today announces a trio of transactions across its residential portfolio, including the sale of its interests in Riverwatch Commons in New . . .
Posted on 1/6/21
Live! Casino & Hotel Philadelphia Announces Opening Dates For World-Class Gaming & Entertainment Destination
Live! Casino & Hotel Philadelphia today announced the new world-class gaming and entertainment destination located in the Stadium District will open on January 19, 2021 at . . .
Philadelphia
