National News

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

Blanton of Largo Capital secures mortgage to refinance 91-room hotel

Orlando, FL Ben Blanton of Largo Capital, Inc. secured a 10-year permanent first mortgage to refinance the existing debt plus cash-out for a 91-room Avid (IHG) Hotel

LERA Opens new office in Jaipur, India

Jaipur, India LERA Consulting Structural Engineers (LERA), a structural engineering consulting firm based in New York, has opened a new office in India. The office is under the leadership of Nayan Trivedi P.E., partner at LERA

Cronheim Mortgage secures $11 million life-co financing for Walmart anchored Marketplace at Cinnaminson

Cinnaminson, NJ Cronheim Mortgage has secured $11 million for the refinancing of the Marketplace at Cinnaminson, a 328,000 s/f Walmart-anchored shopping center. Andrew Stewart, Dev Morris, and Allison Villamagna collaborated to