SAGE expands NJ transaction momentum with multifamily, mixed-use and medical office deals
128-144 Westfield Ave. in Elizabeth ELIZABETH AND BERGEN COUNTY, NJ — SAGE Investment Real Estate Advisors continues to see steady investor demand across New Jersey, recently completing a $5 million multifamily sale in Elizabeth and four additional transactions across Bergen County involving multifamily, mixed-use and medical-office properties. In Bergen County the firm completed four individual middle-market transactions. Led by co-founders Steve Tragash and Greg Pine, the i

MAREJ
4 minutes ago


CREI & Kadima sell 840,000 s/f New Jersey industrial portfolio
Ryan Cottone & Jose Cruz of JLL advise sellers on sale NEW JERSEY — Corebridge Real Estate Investors (CREI) and Kadima Industrial Partners (Kadima) announced the sale of a 12-property, 840,000 s/f infill industrial portfolio in New Jersey to L&B Realty Advisors. The portfolio was 97% leased at the time of the sale, and JLL advised CREI and Kadima on the sale. The transaction marks the successful completion of a multi-year strategy by CREI and Kadima to assemble and upgrade an

MAREJ
18 hours ago


Everflow’s 332,635 s/f lease fills seventh building at 4.1 million s/f class A industrial park
LINDEN, NJ — Advance Realty Investors, Greek Real Estate Partners (GREP) and PGIM Real Estate announced that Everflow Supplies has leased the entire 332,635 s/f distribution facility at 100 Linden Logistics Way, located within Linden Logistics Center. Everflow Supplies is a national specialty provider of plumbing, HVAC, mechanical, fire protection, electrical, and industrial products. The building will become its corporate headquarters and will support the integration of rece

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20 hours ago


Greenberg Gibbons launches residential division under leadership of senior VP David Bookhout
Expands development capabilities, with projects underway at Frederick Brickworks & Midtown64 Baltimore, MD — Greenberg Gibbons announced that it has launched a new residential division, expanding on the firm’s in-house capabilities. Led by senior vice president David Bookhout, who brings deep expertise in multifamily development, the new division enables Greenberg Gibbons to directly plan and deliver residential communities as integrated components of its mixed-use destinatio

MAREJ
1 day ago


Provident Bank partners with CBRE on $20M construction loan
East Hanover, NJ — CBRE announced that it secured a $20 million construction loan from Provident Bank on behalf of New Vernon Equities for the development of 80 Arena Way, a 100,000 s/f speculative industrial facility on the site of a former office building in East Hanover. The CBRE Capital Markets team of Matthew Pizzolato, Josh Stein and Carlos Silva arranged the financing on behalf of the borrower. Newmark has been retained to handle leasing at the property, with a team le

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2 days ago


Berkadia arranges $114M financing for multifamily next to Falls Church Metro
Falls Church, VA — Berkadia arranged $114 million in debt and equity financing for developer Rushmark Properties to build a 305-unit class A multifamily community adjacent to the West Falls Church Metro Station in Falls Church. The $136 million project, set to open in 2028, is part of a larger master planning effort across 42 acres in Fairfax County and the City of Falls Church to redevelop former parking lots and obsolescent buildings into a mixed-use neighborhood encompassi

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2 days ago


CBRE arranges two PA retail center sales totaling 379,272 s/f
Including Water Tower Square in Montgomeryville PENNSYLVANIA — CBRE arranged the sale of two Pennsylvania shopping centers totaling 379,272 s/f, including Water Tower Square in Montgomeryville and Dickson City Commons in Dickson City. Water Tower Square In Montgomeryville, ECHO Realty and TPG acquired the 269,018 s/f Water Tower Square from The Goldenberg Group through a newly formed joint venture, marking the partnership’s first acquisition. Chris Munley, Colin Behr, Ryan Sc

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2 days ago


Wilder & J.P. Morgan Asset Management acquire 257,000 s/f shopping center in PA
HUNTINGDON VALLEY, PA — Wilder announced the acquisition of The Marketplace at Huntingdon Valley, a 257,000 s/f community shopping center in Pennsylvania, through a newly formed investment partnership with investors advised by J.P. Morgan Asset Management. Located at 2010 County Line Rd. in Huntingdon Valley, the center is anchored by Weis Markets, the tenant roster includes a complementary mix of national, regional, and service-oriented retailers, including LA Fitness, Penn

MAREJ
3 days ago


Institutional Property Advisors brokers shopping center sale in Capitol Heights, MD
CAPITOL HEIGHTS, MD — Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Coral Hills, an 85,514 s/f shopping center in Capitol Heights. David Crotts and Dean Zang of IPA represented the seller, a national investment management company, and procured the buyer. Jared Cassidy, senior director in MMCC’s Washington, DC office, secured the financing on behalf of the buyer through an international bank. Constructed in 1988 on

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3 days ago




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