The Most Comprehensive Source for Commercial Real Estate News in the Region 

Sale of CenterPointe I highlights strong owner-user demand in NJ’s suburban office market Bridgewater, NJ — Colliers has completed the sale of CenterPointe I, a 66,500 s/f vacant office property located at 1130 Rte. 22 E. Bridgewater, NJ. Colliers team of vice chair Jacklene Chesler, vice president Patrick Norris, and transaction manager Brittany Leventoff arranged the sale and represented the seller, Signature Acquisitions. Situated in the Rte. 22 West Office Market, the pro

Five-month fast-track fit-out follows ground-up delivery Claymont, DE — Blue Rock announced the completion of both the ground-up construction and the comprehensive fit-out of a 358,000 s/f distribution facility at First State Crossing in Claymont. This project represents another strong chapter in Blue Rock’s ongoing partnership with First Industrial Realty Trust, a leading owner, operator, and developer of logistics real estate. Complete Delivery Blue Rock delivered the rear-

Record-setting volume highlights demand for fast, flexible lending as banks retreat from land ENGLEWOOD, NJ — Kennedy Funding has achieved a milestone few private lenders can claim, closing eight land loans across eight different U.S. states in just eight weeks, reinforcing its position as one of the fastest and most flexible private lenders in the land financing space. “This kind of pace is almost unheard of in land lending,” said Kevin Wolfer, CEO of Kennedy Funding. “To cl

Montgomery & Delaware, PA — DH Property Holdings LLC (DHPH) has acquired 850 Davisville Rd. in Willow Grove, in Montgomery County, for $5.225 million in an off-market transaction. The 5.55-acre site includes a 36,597 s/f warehouse and an additional 1.16 rentable acres for IOS. The property features four dock doors, 10 oversized drive-in doors (1/2,614 s/f), 18’ clear heights, a 75’ building depth, and 81 parking spaces. The warehouse property is 100% leased to six tenants ran

York, PA — The mixed-use property at 108 N. Penn St. in York has been sold to local investor Mahesh P. Patel. The building offers a ground-floor retail space, currently a smoke shop, with residential units on the second and third floors. Conveniently located less than a mile from downtown York, the property benefits from strong visibility and accessibility. Tony Plakas of NAI CIR represented the seller in this transaction.

Supplies +3,400 windows and doors for three buildings Washington DC — National manufacturer Crystal Window & Door Systems has furnished 3,428 of its energy efficient windows and doors for a major window replacement project in the Washington, DC area. The three high-rise multifamily buildings with over 1,000 apartments in Silver Spring, MD are part of The Blairs District mixed-use development and range in height from 12 to 17 stories. Crystal’s heavy-commercial aluminum slidin

Executive VP, Bortz arranges sale of 76 units Monticello, NY — The Kislak Company, Inc. announced the recent sale of Jefferson Gardens, a 76 unit apartment complex at 14 Wood Avenue in Monticello, Sullivan County, NY, for $3,225,000. Kislak marketed the property on an exclusive basis with executive vice president Janet Bortz handling the assignment on behalf of the seller, NY Jefferson Associates, LP, and she also procured the purchaser, Jefferson Gardens Apartment, LLC. Bort