Commercial Real Estate

Posted on 10/16/17
PREIT Raises $289 Million
PREIT (NYSE: PEI) has raised $289 million in total capital since the beginning of September, generating over $100 million in net proceeds.
Posted on 10/15/17
Mid-Century Modern Buildings Added to Philly Historic Register
Two of Philadelphia’s quintessentially Modernist buildings were today named to the Register of Historic Places at a meeting of the Philadelphia Historical Commission. Nominated by the . . .
Posted on 10/13/17
ExxonMobil Expanding New Jersey Research and Engineering Center
CLINTON, N.J.--(BUSINESS WIRE)--ExxonMobil announced today that it has broken ground on the expansion of its research facility in Clinton, N.J., a key center of innovation that . . .
Posted on 10/13/17
DICK'S Sporting Goods Announces Grand Opening of Five New Stores in Three States
DICK'S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening five new DICK'S Sporting Goods stores during the remaining weeks . . .
Posted on 10/13/17
One Wall Partners Acquires 16-Property Portfolio from Shapco
NEWARK, N.J., Oct. 12, 2017 (GLOBE NEWSWIRE) -- One Wall Partners (OWP), the real estate investment and management firm based in Newark, N.J., recently completed the . . .
Posted on 10/13/17
Kennedy Funding Financial Closes $2.09 Million Loan For 570-Acre Property Located in Jamaica
Most loans take a few weeks or months to close and only involve one locale and a small handful of professionals. Not so for Jamaica World, . . .
Posted on 10/12/17
Jersey City Mayor Steven Fulop Officially Opens 45-Story Vantage Luxury Rental
New 45-Story Building Features 448 Residences, World-Class Amenities And Views of the Manhattan Skyline, Statue of Liberty and Liberty Harbor Marina(L-R): Marcos Vigil, Deputy Mayor of . . .
Posted on 10/12/17
The Hampshire Companies Sells Four Building, 117,992 SF Connecticut Industrial Portfolio
The Hampshire Companies, a full service, private real estate investment firm, announced the sale of a four-building, 117,992-square-foot industrial portfolio in Connecticut to a private buyer. . . .
Posted on 10/12/17
Equus Completes Multi-Family Fund
In the third quarter of 2017, Equus Capital Partners, Ltd. (Equus), one of the nation’s leading private equity fund managers, announced the successful completion of BPG . . .
Posted on 10/12/17
Absorption Systems Expands its Presence in San Diego
Absorption Systems, a global leader in the science of translational medicine, pharmacokinetic testing of drugs, and safety testing of medical devices, announces that it has constructed . . .
Posted on 10/12/17
ECHO Realty Purchases 2 Harris Teeter Centers Located in Charlotte, NC
ECHO Realty is pleased to announce the purchase of two Charlotte, North Carolina Harris Teeter anchored centers, Matthews Township Shopping Center and Cannon Crossroads. Last week's . . .
Posted on 10/11/17
Incentives Fuel NJ Tech Expansion
Newmark Knight Frank (NKF) released its Third Quarter 2017 Office Market Report which details the largest deals closed in Northern and Central New Jersey along with . . .
Posted on 10/11/17
Warren Corporate Center Amenity Hub Sets New Experiential Workplace Benchmark
Vision Real Estate Partners and Rubenstein Partners recently launched construction of the stand-alone amenity hub at Warren Corporate Center. (L-R) Rubenstein’s Stephen Card, Mid-Atlantic regional director; . . .
Posted on 10/11/17
Stephen Sander Joins Cushman & Wakefield’s NJ Office as Senior Director for Industrial Brokerage
Former CBRE first vice president joins firm’s East Rutherford officeCushman & Wakefield announced today that esteemed and highly regarded industrial broker, Stephen Sander, has joined the . . .
Posted on 10/11/17
Downshift in Leasing Activity Overshadows New Jersey Office Market
The Northern and Central New Jersey office market registered a decline in leasing activity of nearly 50.0 percent compared with deal volume recorded one year ago, . . .
Posted on 10/11/17
DAS Architects Sets the Tone for Urban Elegance
Renovation of iconic Boyds Philadelphia underway DAS Architects, a hospitality, retail and residential design firm in Philadelphia, has been engaged to renovate Boyds, Philadelphia’s iconic retailer . . .
Posted on 10/11/17
Wm. Blanchard Co. Selects JLL to Lease 10 Park Avenue in Morristown, NJ
JLL to market 154,777-square-foot, Class A office building near downtown MorristownJLL was selected by Wm Blanchard Co. as exclusive leasing agent for 10 Park Avenue in . . .
Posted on 10/11/17
REAC Group Provides Shareholder and Business Update
REAC Group, Inc. (OTC PINK: REAC) is pleased to announce that the company has launched the redesign of their custom built real estate website: www.realestatecontacts.comThe website . . .
Posted on 10/11/17
CBRE - Q3 2017 Greater Philadelphia Retail MarketView
Posted on 10/11/17
Larry Jennings Donates $2 Million to Carnegie Mellon Program
A Carnegie Mellon University program aimed at increasing the number of diverse students pursuing college studies and careers in science, technology, engineering and math enrolled its . . .
Posted on 10/11/17
LendingHome Expands Operations with New Office in Pittsburgh
PITTSBURGH--(BUSINESS WIRE)--LendingHome – the nation’s largest, fastest-growing mortgage marketplace lender – is hosting a reception today to celebrate the grand opening of its office on Pittsburgh’s . . .
Posted on 10/10/17
WCRE Q3 2017 Report: Fundamentals Remain Strong
Commercial real estate brokerage WCRE reported in its latest quarterly analysis that the Southern New Jersey market is in good shape, but remains in somewhat of . . .
Posted on 10/10/17
HFF Announces $467M Sale Of 22-Property Multi-Housing Portfolio In Pennsylvania
Holliday Fenoglio Fowler, L.P. (HFF) announces the $467 million sale of a 22-property, value-add multi-housing portfolio totaling 3,426 units in various Pennsylvania locations.
Posted on 10/10/17
JLL Expands New Jersey Real Estate Brokerage Services
JLL has hired Timothy Greiner and Frank Recine as executive managing directors, Blake Goodman as executive vice president and Brendan McBride as senior vice president. The . . .
Posted on 10/10/17
New Jersey’s Industrial Vacancy Rate Improves To New Record Low
Industrial Tenants Occupy 63 Million SF More Space than in 2000Despite a record amount of warehouse development in New Jersey in recent years, the state’s industrial . . .