National News

BKM Capital Partners acquires 140,693 s/f Airport Way Corporate Park for $24.5 million

Portland, OR BKM Capital Partners has acquired the Airport Way Corporate Park for $24.5 million. The multi-tenant infill industrial park is located in Portland’s highly trafficked Airport Way corridor.

BKM Capital Ptrs. hires Morrow as senior director, property management

Newport Beach, CA BKM Capital Partners has hired Craig Morrow as senior director for BKM Management Co. In this newly created role, he will spearhead the firm’s integrated property management and property accounting functions, playing a pivotal role in advancing

Marcus Partners acquires 250-260 Mack Pl.

South Plainfield, N.J. Marcus Partners acquired 250-260 Mack Pl., an industrial outside storage (“IOS”) asset in a joint venture with Ridgecut Rd. which specializes in this high-demand asset class. The company also executed a long-term lease with the current tenant, Ironclad

Ross of Largo Capital secures first mortgage finance for industrial flex property

Toronto, ON Kevin Ross, managing director at Largo Capital Limited secured a permanent first mortgage to refinance the existing debt on a fully leased multi-tenanted industrial flex property. The project was renovated in 2017 and has 16 ft. clear heights and 16 loading doors. The site

Island Associates negotiates two retail leases in Florida - 2,800 s/f

Brooksville, FL  Island Associates negotiated lease agreements at Sunrise Plaza in Brooksville and Forest Center in Silver Springs. Island Associates negotiated for Rikki Healing Gifts to occupy 1,400 s/f at Sunrise Plaza, which is an 85,000 s/f Winn Dixie Center.

Island Associates brokers long-term lease for Sunshine Gas at Dolphin Plaza

Miami Gardens, FL Island Associates negotiated a new 15-year lease term with Sunshine Gas to occupy a gas and convenience store site located at Dolphin Plaza. Island Associates negotiated a substantial rent increase for ground lease benefiting the landlord while also securing the

Crow Holdings Development completes redevelopment of Marcal Paper property - 207,000 s/f industrial

Elmwood Park, NJ Crow Holdings Development (CHD) has completed the redevelopment of 25 Market St., transforming of one of northern New Jersey’s most iconic industrial properties. The 207,000 s/f, class A building, located with visibility

Smith named president/CEO of IntraLock Green

Houston, TX IntraLock Green, manufacturer of the US patented and trademarked TERRA-GEN Erosion Control System, made know that new leadership has taken the helm and is positioning the company to become the leader in environmentally friendly erosion control

O’Donnell & Naccarato complete strategic leadership reorganization

Philadelphia, PA O’Donnell & Naccarato (O&N), a leading and employee-owned structural engineering firm, has completed a strategic reorganization of the firm’s leadership, with Dennis Mordan

Lidl joining Totowa Commons

Totowa Commons, NJ According to Urban Edge Properties, Lidl will be joining the power center’s retail lineup alongside The Home Depot, Staples and Fortunoff Backyard. This new 27,270 s/f store brings a strong value grocery concept