National News

Matthews expands business scope with launch of auction services line

Nashville, TN Matthews Real Estate Investment Services, a commercial real estate investment services and technology firm, announced the launch of its newest service line, Matthews Auction Services. The line will accelerate specialized services and the disposition of property sales through auction. Matthews hired industry expert Robert Anderson as vice president of Auction Services to lead the service line and facilitate tactical growth

Delisle of Island Associates leases 7,500 s/f at Forest Center to AutoZone

Silver Springs, FL Roger Delisle of Island Associates Real Estate Inc. has successfully negotiated the long-term lease of 7,500 s/f of in-line space to AutoZone at the Forest Center Shopping Plaza located on State Road 40

Island Associates lease 3,000 s/f to Breakfast Station

Brooksville, FL Island Associates successfully negotiated a lease agreement for retail space at Sunrise Plaza. Breakfast Station entered a long term lease agreement for 3,000 s/f of retail space at 31180 Cortez Blvd.

AMS Acquisitions acquires lot and starts construction to build 55+ residential community

Howell Township, NJ AMS Acquisitions in partnership with Vector Group recently acquired a 14-acre site at 6461 Route 9 for $5.25 million and have started construction on a 116,800 s/f 55+ residential rental community composed of four buildings with a total of 100 units

NNN Pro Group brokers sale of eight net-leased retail properties for $79.4 million

Various Locations, USA NNN Pro Group, a market-leading investment sales firm in the country, announced the successful sale of eight net-leased retail properties in Alabama, Virginia, Oklahoma and South Carolina, respectively, for $79.4 million

B+E brokers Starbucks, PNC Bank, Walgreens and Arby’s property sales

B+E, the first brokerage and technology platform for net lease real estate, announced the sale of four major properties in four different states:

Anderson of Progress Capital secures $10 million acquisition loan for 125,000+ s/f flex building

Whippany, NJ Progress Capital’s Founding Partner, Kathy Anderson secured a $10 million acquisition loan for the principals of Commerce...

ACRE provides $26.5 million to MED Developers to refinance The Lowe

Savannah, GA ACRE, a vertically integrated real estate private equity and multifamily investment firm, through the company’s newest debt fund, ACRE Credit II, has provided $26.5 million to MED Developers for the refinance of The Lowe, a newly built

Ross of Largo Capital secures $18.8 million in financing

Montreal, QC Kevin Ross of Largo Capital Limited secured financing in the amount of $18.8 million for a 337,000 s/f property. The Montreal industrial market has remained one of the hottest in North America

Cronheim secures $50 million for Tice’s Corner

Woodcliff Lake, NJ Cronheim Mortgage has secured $50 million in permanent financing for Tice’s Corner, a 120,000 s/f lifestyle shopping center. Dev Morris, Andrew Stewart, and Allison Villamagna structured the loan on a 10-year