DesRochers of NorthMarq arranges $3.35 million in financing

Old Bridge, NJ Ernest DesRochers, senior vice president/managing director of NorthMarq Capital’s New York metro office arranged construction to permanent financing of $3.35 million for Walgreen’s Old Bridge, a 13,588 s/f retail property located at 2603-2727 Highway 516. NorthMarq arranged financing for the borrower through its relationship with a national bank. “The credit facility is actually secured by a leasehold interest in the land,” said DesRochers. “The lender took the time to thoroughly understand the ground lease.”

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Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

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Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

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1122 Madison Avenue inks $21.175 million contract

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

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