NAI CIR brokers Latsha Davis & Marshall lease in Camp Hill
Camp Hill, PA — NAI CIR announced the lease of the office located at 1250 Camp Hill Bypass to the law firm, Latsha Davis & Marshall. Craig Rahn and Chris Wilsbach, of NAI CIR, represented the tenant in securing this prime location. In Lebanon, the retail investment property located at 702 Quentin Rd. has sold to Landis Wash & Lube. The sale included the drive-through car wash and an additional commercial building, strategically located site along Rte. 72. Casey Khuri and Wils

MAREJ
Apr 1


JLL Capital Markets facilitates the sale of The Grove at Piscataway
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

MAREJ
Apr 1


REDCOM announces construction progress for industrial warehouse during extreme weather
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

MAREJ
Mar 31


Bennett Williams orchestrates 4,064 s/f lease of retail space at 1341 S Main Ave., Scranton
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

MAREJ
Mar 31


Russo Development breaks ground on Vermella Rahway as new Paramus HQ plans advance
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

MAREJ
Mar 31


Berkadia Lands financing for Luxor Bala Cynwyd and Virginia asset
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

MAREJ
Mar 30


UPREITs: A smarter exit for multifamily owners
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

MAREJ
Mar 30


Avison Young’s Net Lease Group executes $75M 1031 Exchange
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

MAREJ
Mar 30





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