National News

Gasser of Largo Capital arranges $12.441 million construction financing

Sarasota, FL Matt Gasser of Largo Capital, Inc. arranged construction financing for a 103-key StudioRes by Marriott hotel. The five-year loa...

Five Below has signed a 10,000 s/f lease at Blue Star Shopping Center

Watchung, NJ National value retailer Five Below has signed a 10,000 s/f lease at Blue Star Shopping Center, marking another milestone in the property’s high-impact transformation

Fitzgerald of Largo Capital arranges $3.75 million mortgage loan

Sarasota, FL Ian Fitzgerald of Largo Capital, Inc., recently arranged a permanent first mortgage for a fully occupied industrial and retail portfolio. The loan features a 10-year term with a 5-year fixed rate

Madore of Largo Capital arranges $2.1 million refinancing

Gainesville, FL Patrick Madore of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt for a student housing property with one of Largo’s long-standing correspondent life

Stypa of Lee & Associates arranges distribution center lease with Quince

Carneys Point, NJ Andrew Stypa of Lee & Associates’ New Jersey office represented affordable luxury brand Quince in a 105,000 s/f industrial lease at LogistiCenter. Dean Torosian of JLL represented Dermody, the landlord of the property at 24 North Game Creek

Time Equities Inc. acquired 801 Mumford Park Road for $8 Million

Greenville, NC Time Equities, Inc. (TEI), a full-service real estate firm with headquarters in New York City, have acquired 801 Mumford Park Road (Mumford Industrial Park), a nine building, multi-tenant industrial park totaling approximately 118,000 s/f of improvements

Chunky Cheeks Kollege Too coming to morrell plaza

Philadelphia, PA Childcare provider Chunky Cheeks Kollege Too is coming to Morrell Plaza on Frankford Avenue/Route 13, expanding its footprint in the region and bringing a valuable new service to the neighborhood. Commercial real estate services firm Levin Management Corporation

Move-ins underway at District 15Fifteen

Parsippany, NJ District 15Fifteen, a transformative mixed-use redevelopment along Route 10, is becoming one of the region’s most “all-in-one” destinations. Following the successful spring launch of Smyth at District 15Fifteen, the first luxury residential building

Cronheim Hotel Capital secures $13.25 million for the acquisition of Hampton Inn & Suites

Prattville, AL Cronheim Hotel Capital (CHC) has secured $13.25 million from a regional bank to capitalize the leasehold acquisition and change of ownership PIP for the Hampton Inn & Suites. The five-year financing features 18 months of interest only and no prepayment

Logistics Property Company closes six land deals for nearly 2.5 million s/f of development

Logistics Property Company, LLC (LogiPropCo), a logistics real estate owner, developer, and manager, closed on five development sites to date this year, investing $200 million of committed equity into six markets. Located in markets including Atlanta, Chicago, Denver, and Washington D.C., the 185 acres of