National News

Axiom Capital funds $2.1 million industrial property

Melbourne, FL Axiom Capital has structured and arranged a $2.1 million permanent loan for the acquisition of a small bay industrial property

NAI DiLeo-Bram & Co. arranges $21 million sale of 67,355 s/f industrial building

Linden, NJ NAI DiLeo-Bram & Co. (NAIDB) negotiated the $21 million sale of a 67,355 s/f warehouse/industrial property located at 1900 Lower Rd. NAIDB managing director/principal Christopher Galiano, SIOR, exclusively represented the buyer, Service Truck Tire Center (STTC) in the transaction.

Brit Properties acquires trio of North Side industrial assets along Chicago River

Chicago, IL Brit Properties completed the acquisition of Belmont Properties, a three-building industrial asset totaling 82,000 s/f on the city’s north side. The five-acre site was acquired for $13 million from an unnamed family that’s owned it

JLL secures $869 million to refinance 25-property national industrial portfolio

Dallas, TX JLL’s Capital Markets group arranged a total of $869 million in financing for a 25-property bulk industrial portfolio totaling 11.4 million s/f in 13 major industrial markets across the U.S.

Urban Edge signs Relive Health to 3,579 s/f at Rutherford Commons

East Rutherford, NJ Urban Edge Properties signed Relive Health to a lease for its first Northeast location at Rutherford Commons. This new anti-aging and wellness destination, which will open in a 3,579 s/f location early next year, is operated

Nassimi Realty acquires two shopping centers in Ohio and Illinois for $30 million

Garfield Heights, OH Nassimi Realty acquired two retail properties, Turney Town Plaza and Four Flaggs, totaling $30 million and adding up to 500,000 s/f of retail space.

Azevedo and Pagán of Romer Debbas close 19 million Fannie Mae DUS Assumption loan

Savannah, GA Romer Debbas LLP’s Agency Lending & Affordable Housing group represented a prominent agency lender in the closing of a $19 million Fannie Mae DUS Assumption Loan secured by a 176-unit multifamily project.

Eastern Union secures $74.2 million construction loan for 256-unit multifamily project

Teaneck, NJ Eastern Union, one of America’s largest commercial real estate mortgage brokerage firms, has closed on a $74,217,664 transaction toward the refinancing of a construction loan for a 256-unit, multifamily property

Weida Freight System commits to 188,000 s/f in Crow Holdings Development’s Crow Holdings at Carteret, 400 Salt Meadow Rd.

Carteret, NJ According to Crow Holdings Development, Weida Freight System, Inc. (WFS) will become the first tenant at its new Crow Holdings at Carteret campus. The 188,000 s/f, long-term transaction at 400 Salt Meadow Rd. marks an

Sinatra & Co. acquires 361-unit Captiva Club Apartments

Tampa, FL Sinatra & Co. has acquired a fourth multifamily asset. This addition to the firm’s current holdings further expands the brand in the south east region.