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

Robert Adams of Garden State Realty brokers transactions 35-51 Kulick Road, Fairfield Northern New Jersey — Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 s/f across Northern New Jersey, continuing the company’s strong activity across its industrial portfolio. Led by chairman Salvatore Frassetto and president Terry Frassetto, Saddleback has developed a

The Inkwell Lofts (Credit: Oliver Tasho) LONG BRANCH, NJ — Inspired by Somerset Development, the firm widely recognized for its transformative Bell Works portfolio, is proud to announce the official grand opening of The Inkwell Lofts. Located at 665 2nd Ave., the 22-residence contemporary development is now complete and welcoming its first residents to downtown Long Branch. Further enhancing the property’s connection to the neighborhood, locally loved coffee brand Almost Home

CAMP SPRINGS, MD & Pennington, NJ — Marcus & Millichap has completed two retail investment transactions totaling nearly $14 million, with sales in Camp Springs, MD, and Pennington, NJ. Camp Springs, MD The Andrews Park Retail assignment, totaling $9,965,217, included the sale of a three-tenant retail strip center and a net-leased Wawa in Camp Springs. “Investor demand for unanchored strip centers and high-credit pad leases appeals to distinctly different buyers, so we markete

Ashford Hospitality Trust sells 252-room hotel Denver, CO; Washington, DC; Tampa, FL — HREC Investment Advisors has arranged the sale of the 252-room Hilton Alexandria Old Town, situated at 1767 King Street, Alexandria, Virginia. HREC Investment Advisors represented the seller, Ashford Hospitality Trust, on this transaction. The marketing and negotiations were led by Scott Stephens (senior principal & COO – Tampa), Mark Morris (SVP – Washington DC), and Dana Weinberg (broker

Wyomissing, PA — Cronheim Hotel Capital (CHC) has secured $13.065M from a national credit union syndicate for the refinance and renovation of the Hampton Inn in Wyomissing, PA. The five-year fixed-rate loan has no prepay for the entirety of the term, a very attractive feature in a declining interest rate environment. The hotel is a consistent top performer in the comp set and sits within close proximity to an array of demand drivers, ranging from Fortune 500 companies (Travel

United States retail real estate is staging a durable comeback — even outperforming other major property types -- as investors return to a sector defined by resilient fundamentals, tight supply, and evolving consumer demand, a Cushman & Wakefield analysis shows. According to Cushman & Wakefield’s Rick Latella and Alanna Loeffler, retail has moved decisively from recovery to growth, positioning itself as one of the most compelling investment stories in commercial real estate t

Parsippany, NJ — NAI James E. Hanson announces the hiring of Kim Kretowicz as senior VP and her designation as a member of the NAI Global Healthcare Advisory Group. In her new role, Kretowicz will leverage her national industry relationships to spearhead the firm’s continued growth in healthcare real estate while further expanding its presence across the Monmouth County commercial real estate market. Kretowicz represents health systems, physician specialty groups, family offi

MONTCLAIR, NJ —Crow Holdings Development (CHD) has hired Travis Conley as senior associate, construction management. The appointment strengthens the organization’s New Jersey-based leadership team as CHD advances a robust pipeline of industrial development projects in the Northeast market. A resident of Rumson, NJ, Conley is a real estate development and construction professional with more than 15 years of experience executing ground-up developments, redevelopments, and capi