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

Hoboken, NJ -- The Taurasi Group announced that Nana’s Dim Sum & Dumplings, the acclaimed dim sum–style eatery known for its handmade recipes and welcoming atmosphere, has signed a lease to open a 3,700-square-foot restaurant at Southend Hoboken. Located at 38 Jackson Street, the mixed-use destination includes Southend Lofts, a new collection of 110 one- to five-bedroom condominium homes that just launched sales, along with 100,000 square feet of commercial and retail space.

CENTREVILLE, VA – Marcus & Millichap Capital Corporation (MMCC) arranged $14 million in financing for SpringHill Suites by Marriott Centreville Chantilly, a 136-key hospitality property located at 5920 Trinity Parkway in Centreville, Virginia. Robert Bhat, senior managing director in MMCC’s Miami office, secured 5-year financing with a national bank on behalf of a local hospitality management firm. Additional loan terms include full-term interest only payments at a 6.8% rate

Photo: KLNB TYSONS, VA – KLNB announced the sale of 189 Kentlands Blvd. in Gaithersburg, Maryland, a two-story, 19,880-square-foot office property situated on 1.28 acres in the heart of the Kentlands community. The building sold for $5,950,000 to an owner-occupant buyer. KLNB Principals Ken Fellows and Matt Skalet represented the seller, The Levine Family Limited Partnership, marking their first opportunity with the client. The buyer, Community Options, will be an owner-occup

Zweibel & Fusaro of The Zweibel Multifamily Group broker 38-unit 55+ community Netcong, NJ — Hudson Atlantic Realty announced the off-market sale of Kings View Apartments, a 38-unit, 55+ adult community located at 1 Jenny Lind St. in Netcong, for $10.8 million ($284,211 per unit). The transaction marks the first time the property has ever traded since its original development and construction in 2002. The sale was brokered by Adam Zweibel, president, and Dante Fusaro, VP, of

Jersey City, NJ — The Metz Industrial Group (MIG) of Bussel Realty Corp. (BRC), a leading industrial/retail real estate services firm in New Jersey, today announced its leased Unit C-1 – 31,567 s/f at 150 Pacific Ave. in Jersey City, a 350,295 s/f industrial complex, to Cabaret Rentals Inc. Jordan Metz, principal, Benito Abbate, senior associate, and James Friel, sales associate, of the Metz Industrial Group of BRC represented the landlord, Eden Wood Realty Corp, in the trans

Gabriel, Schmidt, Larkin, and Zuidema represent the seller, Alexander Properties 27-35 Franklin Turnpike in Mahwah MAHWAH, NJ — Cushman & Wakefield has arranged the sale of a two-property industrial portfolio. The portfolio includes a 67,170 s/f property at 27-35 Franklin Turnpike in Mahwah and a 56,651 s/f property at 90 New Dutch Ln. in Fairfield. Cushman & Wakefield’s Gary Gabriel, Kyle Schmidt, Ryan Larkin, and Seth Zuidema represented the seller, Alexander Properties, in

S.V.P. Daniel Lanni arranges sale of 30,375 s/f in Mercer County Pennington, NJ — The Kislak Company, Inc. announced the recent of a sale of Hopewell Valley Industrial Park, a 30,375 s/f facility at 1613 Reed Rd. in Pennington, Mercer County, for $3.3 million. Kislak marketed the property with senior vice president Daniel Lanni handling the assignment on behalf of the seller and he also procured the purchaser. The parties were not disclosed. Lanni said, “This was a special tr