Category: Outside The Region

Cleeman Realty Group facilitates off-market sale of Hy-Vee Supermarket

Cleeman Realty Group facilitates off-market sale of Hy-Vee Supermarket

October 17, 2023
Fairmont, MN Cleeman Realty Group negotiated the $5.125 million off-market sale of a NNN Hy-Vee. The 54,740 s/f grocery store is located at 907 S. State St. on a 5.27-acre lot. Hy-Vee has been at this location since 1991 and added a gas station
Reynolds Asset Management adds 500 units to portfolio with Louisiana acquisitions

Reynolds Asset Management adds 500 units to portfolio with Louisiana acquisitions

October 17, 2023
Bossier City, LA Reynolds Asset Management (Reynolds) has expanded into Louisiana with the purchase of two multifamily assets in the Shreveport MSA. Working with multiple partners including Devli Real Estate, iintoo, and Newport Capital Group, Reynolds
Cronheim arranges $124 million for 458-unit residential tower in Jersey City

Cronheim arranges $124 million for 458-unit residential tower in Jersey City

October 17, 2023
Jersey City, NJ Cronheim Mortgage secured $124.1 million in financing for the Grove Pointe Apartments, a 458-unit residential tower located at 100 Christopher Columbus Dr. Andrew Stewart, Dev Morris, and Allison Villamagna secured the financing on behalf of
Faropoint acquires two industrial parks in northern New Jersey for $144.5 million

Faropoint acquires two industrial parks in northern New Jersey for $144.5 million

October 17, 2023
Hoboken, NJ Faropoint has acquired industrial parks in Allendale and Mahwah totaling 770,064 s/f. The industrial centers, located in the North Bergen County submarket, were acquired for a combined $144.5 million.
Colliers Mortgage adds Lee and Yazdi as it expands its West Coast presence

Colliers Mortgage adds Lee and Yazdi as it expands its West Coast presence

October 17, 2023
Los Angeles, CA Colliers Mortgage, the debt financing arm of Colliers | U.S., appointed industry veterans Jonathan Lee and Shahin Yazdi as executive managing directors in the firm’s local office to expand its West Coast presence.
Spectorgroup opens Miami office

Spectorgroup opens Miami office

October 17, 2023
Miami, FL Spectorgroup has opened its office in the Central Business District. For more than 50 years, the New York-based firm has shaped the built environment for projects that intersect all markets, including commercial, workplace, financial,
Landau Props. begins sales for Indian Creek Residences & Yacht Club

Landau Props. begins sales for Indian Creek Residences & Yacht Club

October 17, 2023
Miami, FL Landau Properties have begun sales for Indian Creek Residences & Yacht Club on Bay Harbor Islands. The boutique building offers nine condominium homes and six yacht slips, providing one of the only private yacht
CrownPoint Group acquires 14.5-acre development site - plan 125-unit apartments and townhomes

CrownPoint Group acquires 14.5-acre development site - plan 125-unit apartments and townhomes

October 17, 2023
Randolph, NJ CrownPoint Group Inc. (CrownPoint) has acquired a +14.5-acre development site for an undisclosed price that is fully approved for multifamily development in the Morris County township. Located at the intersection of West Hanover Ave.
Ensemble/Mosaic obtains investment for Philadelphia Navy Yard project from Basis Investment Group

Ensemble/Mosaic obtains investment for Philadelphia Navy Yard project from Basis Investment Group

October 17, 2023
Philadelphia, PA Ensemble Investments (Ensemble) and Mosaic Development Partners (Mosaic), in partnership with Korman Communities (Korman), have secured and completed debt and equity financing for the first residential project at the Navy Yard.
Aircuity introduces adaptive airflow application for cleanrooms

Aircuity introduces adaptive airflow application for cleanrooms

October 17, 2023
Norwood, MA Aircuity, the global leader in creating healthy and sustainable buildings announced the launch of its cleanroom application that delivers adaptive airflow for cleanrooms allowing for carbon reduction,
United Properties Corp. purchase 120,000+ s/f retail shopping center

United Properties Corp. purchase 120,000+ s/f retail shopping center

October 17, 2023
Atlanta, GA Long Island-based United Properties Corp. has recently expanded its Georgia footprint by completing the purchase of Acworth Crossing, a 120,829 s/f retail shopping center. Acworth Crossing hosts a national and regional tenant roster including Crunch Fitness
Progress Capital arranges $30 million construction loan for Jersey City multifamily development

Progress Capital arranges $30 million construction loan for Jersey City multifamily development

October 17, 2023
Jersey City, NJ Brad Domenico, Partner at Progress Capital, a leading CRE mortgage advisory firm, has successfully secured a $30 million construction loan for the development of a 155-unit multifamily property situated along Communipaw
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