National News

Time Equities expands portfolio with acquisition of 1840 Midwest Blvd. for $3.275 million

Indianapolis, IN Time Equities, Inc. (TEI) acquired 1840 Midwest Blvd. (1840 Midwest), a 55,000 s/f industrial warehouse for $3.275 million. “The purchase of 1840 Midwest presented TEI with an

Urban Edge signs World Market to 19,265 s/f at Bergen Town Center

Paramus, NJ According to Urban Edge Properties, World Market has signed a long-term lease at Bergen Town Center for a ground level store facing Rte. 4. The new 19,265 s/f store joins HomeGoods, Marshalls, Burlington and Target, expanding the property’s selection of gifts and

NAI DiLeo-Bram arranges $8.55 sale of 69,750 s/f supermarket-anchored retail center

Middlesex, NJ NAI DiLeo-Bram & Co. (NAIDB) senior vice president Marc Shein has orchestrated the $8.55 million sale of a 69,750 s/f supermarket-anchored retail center on behalf of an unnamed seller. Following the sale, the retail center’s fully renovated supermarket space opened

Tranzonic Cos. names Vitale chief corporate development officer

Cleveland, OH The Tranzonic Companies has named Joe Vitale to the newly created role of chief corporate development officer. Vitale will provide strategic direction and leadership as the business expands through acquisitions, investments, and partnerships, and will

Anchor Point Capital executes sale of Plaza Diamond Bar MXU office, retail assets in Los Angeles County

Diamond Bar, CA Anchor Point Capital arranged the $12.2 million sale of Plaza Diamond Bar, a two-building property located in Los Angeles County on a site along the 57 Freeway corridor between the San Gabriel Valley and Orange County. The transaction included

Crystal Window provides fenestration for Morristown Housing Authority Properties

Morristown, NJ The rehabilitation of two Morristown Housing Authority properties included 608 single, double, and triple unit windows supplied by national manufacturer Crystal Window & Door Systems.

Blanton of Largo Capital secures acquisition financing for retail property

Kissimmee, FL Benjamin Blanton of Largo Capital, Inc. secured long term acquisition financing for a neighborhood retail property. The property is 28,500 square feet and 100% occupied. The improvements are minutes away from Walt

Merritt 7 leases over 160,000 s/f in past year, including new tenant Terex Corp.

Norwalk, CT According to Clarion Partners, LLC and Marcus Partners, Terex Corp. has signed a long-term lease at Merritt 7. Terex, a global manufacturing company, will be relocating from 45 Glover Ave. to 24,757 s/f in the upgraded Building 301. The new lease capped off

Ross of Largo Capital secures purchase of retail plaza for $4.4 million

Whitehall, OH Kevin Ross, managing director at Largo Capital, successfully secured acquisition financing to facilitate the purchase of a neighborhood retail plaza for $4.4 million

Blanton of Largo Capital secured financing for a grocery anchored retail center

Atlanta, GA Ben Blanton from Largo Capital, Inc. successfully secured acquisition financing for a grocery anchored retail center for $5.75 million. The financing was sourced through one