National News

Biotech start-up Ochre Bio relocates to Alexandria Center for Life Science – New York City

Manhattan, NY JLL has completed a sublease for growing U.K.-based biotech company Ochre Bio at 430 East 29th St. within the Alexandria Center® for Life Science – New York City

Jeremy Lyman joins Subtext as partner & executive vice president of capital markets, private wealth

St. Louis, MO According to Subtext, a national real estate company focused on elevating the resident experience, Jeremy Lyman as partner and executive vice president of capital markets, private wealth. In his new role, Lyman will lead the

Poplar Plaza Shopping Center: $25.1 million refinancing secured for Memphis retail center

Memphis, TN JLL Capital Markets has secured a $25.139 million financing for Poplar Plaza, a 350,000 s/f grocery-anchored retail center. JLL worked on behalf of the borrower, Finard Properties, in arranging the seven-year

Cronheim Hotel Capital secures $11 million to refinance Hampton Inn

Danville, VA Cronheim Hotel Capital (CHC) has secured $11 million to refinance the Hampton Inn. The financing provided the Sponsor with more than $3 million of cash out proceeds and a fixed rate below 6.0%. 

Levin Management closes nearly 570,000 s/f in YTD retail leasing

North Plainfield, NJ Brick-and-mortar retail continues to demonstrate its strength, with open-air shopping centers leading the way, according to Levin Management Corporation (LMC). The North Plainfield-based commercial real

Cresa arranges 250,000 s/f distribution center for power grid components

Locust Grove, GA Cresa’s Michael Herz and Waite Buckley, from Cresa’s NYC office, represented Power Grid Components (“PGC”), a Blackstone Portfolio company, working with Tom Tindall and Brooks Morris, from Cresa’s Atlanta

Resource Realty of Northern New Jersey closes five leases across Morris and Essex Counties

Morris & Essex Counties, NJ Resource Realty of Northern New Jersey (RRNNJ) has successfully completed a series of five lease agreements in owner and tenant representation assignments across Morris and Essex counties. The transactions, spanning two office

Arrow Real Estate Advisors arranges $6 million financing for small-bay for sale condos

Bally, PA Arrow Real Estate Advisors, a leading real estate finance advisory firm, has announced it has successfully arranged a $6 million loan for the refinancing of five small-bay industrial condominium units totaling 135,000 s/f

Time Equities Inc. expands Alaska Portfolio with the acquisition of 4831 Old Seward Highway for $13.75 million

Anchorage, AK Time Equities, Inc. (TEI), a full-service real estate firm with headquarters in New York City, has acquired of 4831 Old Seward Highway for $13.75 million. The 102,366 s/f industrial building is the firm’s fifth asset in Anchorage

Shawmut Design and Construction marks Suicide Prevention Week with Toolbox Talks on jobsites nationwide

Boston/New York/Los Angeles/Miami/Providence Shawmut Design and Construction, a leading $2 billion national construction management firm, marked Suicide Prevention Week with a series of Toolbox Talks across