Millburn, NJ JRM Construction Management, LLC, (JRM) was selected to fit out two retailers within The Mall at Short Hills at 1200 Morris Tpke. The first retailer is a repeat client of JRM, Peloton, an exercise equipment and media company. JRM worked with CBRE, Howell Belanger Castelli Architects, and Thorson Baker & Associates to deliver Peloton
Chesterfield, MI Ariel Property Advisors has arranged a $14 million loan to refinance Chesterfield Village, a 156,960 s/f shopping center. The loan featured a 5.25% interest rate, 25-year amortization schedule and 5+5-year term with no prepayment penalty.
Wilkes Barre, PA Urban Edge Properties signed David’s Bridal for a new 8,108 s/f store at Wilkes Barre Commons. Slated to open later this year, the bridal store is relocating from a nearby mall location and will be adjacent to Marshall’s and Ross. This is Wren Kitchens’ first location in the region, where they have
Morristown, NJ Avison Young appointed Adam Wright as principal and director, land development services to provide clients with end-to-end development solutions across the northeast region and nationally. His diversified background includes more than 20 years of experience in architecture, entitlements, ground-up development and construction management
Orlando, FL Waypoint Residential closed on the sale of Luma Headwaters, a garden-style apartment community to Houston-based Venterra Realty. The 328 -unit community is located on the I-9 corridor. The property is adjacent to Darden Restaurants headquarters, as well as two of the city’s most prestigious
East Brunswick, NJ JLL Capital Markets arranged a refinancing for Edgeboro Corporate Center, a fully leased, two-building light industrial complex totaling 84,000 s/f. JLL worked on behalf of the borrower, Denholtz Properties, to place the 10-year, fixed-rate loan with a life insurance company.
Greensboro, NC Neal Colligan, principal at The Largo Group of Companies, has arranged and $18.13 million acquisition and value-add loan for a flex portfolio. The property location is serviced by major interstates
Titusville, FL Axiom Capital Corp. has structured and arranged a $12.5 million permanent loan (5-year loan, fixed rate, non-recourse) for the refinance of a 5-story, 110 room hotel
Various Locations, USA A&G Real Estate Partners is marketing an 11-property medical office portfolio that includes nine properties in northern New Jersey, along with individual assets in Mount Kisco, NY, and Miramar
Kissimmee, FL Edgewood Capital has closed on a $7 million senior bridge loan to help a Florida investor convert a hotel into a multifamily complex of studio apartments. The property was operating as an
