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

The $1 deal advances middle-income affordability WILMINGTON, DE — Buccini Pollin Group, Inc. (BPG) announced the $1 dollar sale of the 417 N. Market St. building to Delaware Affordable Housing Group (DAHG), the non-profit affiliate of Wilmington Housing Authority (WHA). The 5,200 s/f building will be redeveloped into five, one-bedroom apartments, including one handicap accessible unit, and 800 s/f of ground-floor retail space. The modern units will be rent-stabilized for midd

EAST BRUNSWICK, NJ — Legacy Place, Garden Communities’ multifamily community in East Brunswick, has reached another milestone with the completion of Two Legacy Place, the property’s second mixed-use mid-rise apartment building fronting on Tices Lane. “We’re thrilled to hit this next milestone and see Legacy Place evolving into the vibrant community we always envisioned,” said Miranda Gjini, property and leasing manager. “With Two Legacy Place now in active lease up, we’re exc

Harrisburg, PA – NAI CIR’s marketing director, Emma Weikel, has been appointed to the NAI Global Marketing Council for the second consecutive year. The council brings together marketing leaders from across the NAI Global network to strengthen and evolve marketing materials, programs, and strategies used by member firms worldwide. With a fresh perspective and expertise in commercial real estate marketing, Weikel continues to be a valuable contributor, collaborating on initiati

ALLENTOWN, PA — NAI Summit announced that Jennifer Kennedy has been promoted to vice president. Kennedy brings decades of experience in commercial real estate sales and leasing, complemented by a strong background in property management that enhances her ability to deliver strategic solutions for clients. Over the past six years at NAI Summit, Kennedy has consistently represented her clients with exceptional energy, market knowledge, and professionalism. Her specialization fo

Norfolk, VA — Lawson announced the appointment of Sarah Bernier as vice president of Lawson Realty Corp. and director of Property Operations. In this role, Bernier will oversee and support Lawson’s extensive multifamily portfolio, including Low-Income Housing Tax Credit (LIHTC) affordable housing communities and market-rate properties throughout Virginia. Bernier brings more than 25 years of progressive leadership experience in multifamily management, with deep expertise in a

ASBURY, NJ — J.G. Petrucci Company, Inc. (Petrucci), one of the New Jersey and Pennsylvania region’s leading development and design/build construction firms, recently announced the promotion of Dominick Baker to vice president. Baker joined the firm in 2017 as a project executive and has played a key role in advancing Petrucci’s development and construction initiatives across the region. Prior to joining Petrucci, Dominick worked as a management consultant at PwC Consulting i

RICHMOND, VA — Cresa announced that it has acquired the Richmond office of 7 Hills Advisors (7 Hills), a boutique commercial brokerage firm that focuses on tenant and buyer representation in Central and Southeastern Virginia. Founder Christina Jeffries and Landon Hinton join the firm as principals, Ali McCrickard joins as vice president, and Laura Osborn joins as a marketing associate. In addition, Cresa will retain 7 Hills’ Richmond office located at 503 Libbie Ave. 7 Hills’

Shown from left: Scott Furman, William Holder &Brett Furman. WAYNE, PA — A group of Main Line real estate professionals representing the former RE/MAX Classic office has formally transitioned to Real of Pennsylvania, marking a major brokerage expansion in the western Philadelphia suburbs. The transition includes leadership, agents, and support staff operating out of the headquarters at 528 E. Lancaster Ave. in St. Davids. The move is being led by veteran local real estate lea