National News

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

Verada leases 5,900 s/f retail space for Rock Spot Climbing

New Haven, CT Acording to Verada, Rock Spot Climbing has signed a new 15 year lease for 5,935 s/f at 44 Olive St. The development, Olive and Wooster, features 299 residences for lease and 8,000 s/f of retail space on Olive St