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

Luxury 110-unit apartment community trades for $35.075M in New Jersey MORRISTOWN, NJ — JLL Capital Markets has represented Landmark Companies in their $35.075 million acquisition of The Grove at Piscataway, a luxury 110-unit multifamily community located in Piscataway, New Jersey. The Grove at Piscataway is strategically positioned at 67 Old New Brunswick Rd., just off I-287, providing unmatched regional connectivity to major thoroughfares including Rtes. 18, 28, 22 and 1, th

Precast panels installed at 25 Abeel Road in Monroe, New Jersey Monroe, NJ — REDCOM Design & Construction announced the construction progress at a new industrial warehouse at 25 Abeel Rd. in Monroe. The warehouse has reached a key milestone, with precast panels now officially installed on the project site. This achievement marks significant movement in the ground-up development of the facility and demonstrates the team’s commitment despite challenging winter weather condition

Brad Rohrbaugh Scranton, PA — Bennett Williams Commercial, one of the largest thirdparty commercial real estate firms in Central Pennsylvania, has arranged the sale/lease of the following transactions: 4,064 s/f retail space at 1341 S Main Ave., Scranton, Lackawanna County. Original Jitty Joes LLC leased space from K and J Real Estate LLC. Brad Rohrbaugh, Chad Stine, Dave Nicholson, and Cale Bruso of Bennett Williams Commercial represented the tenant and the landlord in the t

Multifamily project highlights the firm’s continued growth in New Jersey RAHWAY, NJ — Construction is underway at Russo Development’s Vermella Rahway, a new 211-unit multifamily community that continues the company’s commitment to thoughtful, high-quality redevelopment in New Jersey’s most vibrant downtowns. Located in the heart of Rahway’s well-known redevelopment corridor, Vermella Rahway will introduce a new chapter of urban living that emphasizes connection, design, and c

ACRE Capital funds $37 Million PA multifamily deal Courtesy of Alliance PENNSYLVANIA & VIRGINIA — Berkadia arranged an acquisition loan on behalf of a joint venture for the acquisition of Luxor Bala Cynwyd, a 173-unit, luxury multifamily community located in Bala Cynwyd, PA. Senior managing director Patrick McGlohn, managing director Brian Gould, senior director Hunter Wood, VP Patrick Cunningham and associate director Natalie Hershey of Berkadia DC Metro secured a $37 millio

By Ben Roper — Smart planning for property owners RICHMOND, VA — Ben Roper, a real estate investment professional specializing in real estate investment trust (REIT) growth and Section 721 exchanges, is highlighting the increasing role of UPREIT transactions as a viable alternative to traditional multifamily property exits. Roper works closely with multifamily owners and developers exploring long-term, tax-efficient transition strategies, including contributing property to a

WASHINGTON, DC — Avison Young’s Net Lease Group has completed a 1031 exchange following the sale of a data center development site, allowing the seller to defer capital gains taxes and reinvest a portion of the proceeds into a diversified portfolio of 11 income-producing net lease properties across the United States. The transaction replaced a single land holding with a multi-property portfolio designed to generate long-term cash flow. The land, comprising 84 acres in Loudoun

Brian Whitmer leads Camden County, NJ deal WEST BERLIN, NJ — Doors and Spaces Industrial (Doors and Spaces), a vertically integrated investment real estate firm, has acquired its latest New Jersey small-bay industrial (SBI) asset at 432 Kelley Dr. in West Berlin, a 16,550 s/f multi-tenant industrial facility. The Camden County transaction marks the fourth New Jersey acquisition for the firm, led by capital markets veteran Brian Whitmer, co-founder and managing partner. The ad