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

Englewood, NJ — Sitex Group, a leading privately held investor and developer of industrial real estate in New York, New Jersey, and South Florida, announced four new hires and internal promotions as part of its continued growth. The company appointed Wayne Farquharson as vice president of Construction, Amanda Galasso as property manager, and Sam Bass as analyst. In addition, Abe Mandel has been promoted to vice president of Property Management. “These individuals bring tremen

Curran, SIOR and Grace, CCIM, SIOR facilitate deal YORK, PA — Landmark Commercial Realty announced the closing of a $13.2 million off-market transaction for a 204,800 s/f, fully stabilized, multi-tenant industrial property situated on 11.94 AC at 1128 Roosevelt Ave. in York. The deal was facilitated by Michael Curran, SIOR, president and executive managing director, along with Jason Grace, CCIM, SIOR, CEO & managing principal at Landmark Commercial Realty, who represented bot

Matamoras, PA — Larken Associates announced a 1,200 s/f retail lease with Fusion Eyewear LLC at Westfall Town Center, located at 111 Hulst Dr. in Matamoras. Victor Kelly, executive vice president, Commercial Division of Larken Associates, represented the firm in the transaction. Fusion Eyewear is an independently owned optical store providing a wide selection of eyeglass frames, lenses and accessories, as well as comprehensive eye exams and vision care services. The business

Rittwager inks lease at 449 Doremus Ave. NEWARK, NJ — Advance Industrial Group has facilitated the leasing of 449 Doremus Ave., a nearly seven-acre industrial site near Port Newark-Elizabeth, on behalf of Garden State Cold Storage and Ruggiero Seafood Inc. & Affiliates. The property has been repositioned and modernized by ownership groups Deugen Investment Group and Devli Real Estate. Their investment has transformed the site into a rare, low-coverage infill industrial parcel

On behalf of SK Development and Berger Organization SK Development© Newark, NJ — Walker & Dunlop, Inc. has arranged a comprehensive financing package to facilitate the development of 22 Fulton St., a multifamily project located within a Qualified Opportunity Zone in Newark. Walker & Dunlop Capital Markets Institutional Advisory, led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jordan Casella, Michael Ianno, and Jackson Irwin, arranged the full financing pa

HUDSON/BERGEN Counties — Marcus & Millichap announced the sale of a three-tenant strip center anchored by CVS Pharmacy in Union City. The asset sold for $7.8 million. “Stabilized retail centers in northern New Jersey are always in high demand from the investment community,” said Alan Cafiero, senior managing director in Marcus & Millichap’s New Jersey office. “That is especially true for this asset which is located in the most densely populated portion of the state.” Alan Ca

Hackensack, NJ — NAI James E. Hanson has negotiated the sale of a two-building 12,589 s/f development site located at 147–153 Hudson St. in Hackensack, to the Housing Development Corp. of Bergen County.VP Anthony J. Cassano represented the buyer and seller in the transaction. Located steps from the Bergen County Courthouse, the property features 25 on-site parking spaces, 8’ to 10’ ceiling heights, and highly visible office space with prominent street signage. Zoned for a wid

NEW YORK, NY — Flavia Verzivolli, David Lulgjuraj and Michael Cuniberti of Houlihan-Parnes Properties have arranged 1st mortgage financing in the amount of $2.8 million and a line of credit for a six-story elevator cooperative apartment building containing 52 apartments in the Inwood section of Manhattan. The property is located at the corner of Park Terrace West and W 215th St. The loan was placed for a 10-year fixed term at a sub 6% interest rate. Jeremiah Houlihan and Jame