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New York, NY — Klosed Properties and Namdar Realty Group has acquired a fully leased retail condominium at 140 Essex Street in Manhattan’s Lower East Side for $7.55 million. The property was purchased from Taconic. The 10,193-square-foot retail condominium is 100% occupied and features approximately 140 feet of frontage along Essex Street. The asset is located within Essex Crossing, a 2 million-square-foot mixed-use development completed between 2016 and 2019, encompassing mo

City of Alexandria Greenlights Plans to Create 640 Units of Much-Needed Affordable and Market Rate Rental Apartments and For-Sale Townhomes courtesy of KTGY BETHESDA, MD – JBG SMITH announced it has received approval from the City of Alexandria for its plans to develop 640 new rental apartments and for-sale townhomes in Potomac Yard. JBG SMITH’s development plan, which includes more than 30,000 square feet of open space and 13,000 square feet of retail, responds to the regio

Edison, New Jersey - It’s the season of giving, and Hackensack Meridian Health   is giving back by supporting the communities it serves. New Jersey’s largest health network, and home to the number one hospital in the NY/NJ metro area, and top 20 in the nation hospital, Hackensack University Medical Center, is donating nearly $500,000 dollars worth of winter items and food gift cards to more than 200 shelters across the state. Hackensack Meridian Health harnessed the power of

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