City: Montclair
130,000-SF Office Property Planned for Montclair, N.J.
BDP Holdings LLC plans to build The Iris, a 130,000-square-foot office building in Montclair, N.J., about 12 miles east of New York City. It will include 8,051 sf of ground-floor retail space and parking for 277 vehicles. The project, at ...
Paseos at Montclair North
The Beverly Hills, Calif., commercial real estate investor purchased the property from a group of Beverly Hills investors working under the name 4914 Olive Street Properties LLC, which had acquired it in 2015 for $108.5 million. As part of the ...
Archway Equities Pays $150Mln for Montclair, Calif. Apartments, Assumes $77.75Mln of Freddie Financing
Commercial Real Estate Direct Staff Report Archway Equities has paid $150 million, or $389,610/unit, for the Paseos at Montclair North, a 385-unit apartment property in Montclair, Calif. The Beverly Hills, Calif., commercial real estate investor purchased the property from a ...
Cardenas Marketplace
The property is 91 percent occupied and anchored by a Cardenas grocery store.
Longpoint Realty Pays $22.7Mln for Los Angeles-Area Retail Center
Longpoint Realty Partners has paid $22.7 million, or $343.91/sf, for Cardenas Marketplace, a 66,006-square-foot retail center in Montclair, Calif. The seller could not be identified immediately. CBRE arranged the transaction. The Boston investment manager purchased the property through its Specialty ...
PGIM Lends $87.1Mln Against New Jersey Apartments
PGIM Real Estate has provided $87.1 million of financing against the Valley and Bloom apartment property in the New York City suburb of Montclair, N.J. The seven-year loan, which pays a floating coupon, was arranged by JLL Capital Markets. The ...
133-Unit Apartment Property in Montclair, N.J., Sells for $35Mln
Rockledge Ventures LLC has purchased Hawthorne Towers, a 133-unit apartment property in Montclair, N.J., for $38 million, or $285,714/unit. Hawthorne Towers LLC sold the property in a deal brokered by Gebroe-Hammer Associates. Progress Capital arranged acquisition financing, terms of which ...
Montclair Residences at Bay Street Station
The venture funded its purchase in part with a $54 million loan provided by Natixis.
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