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Commercial Real Estate Direct Staff Report Hilton Realty Co. has paid $18 million, or just more than $67.20/sf, for two buildings totaling 267,830 square feet within the Princeton South Corporate Center office complex in the central New Jersey township of ...
Haverford Retail Partners has completed its $126 million purchase of a portfolio of three retail properties with 767,546 square feet in New Jersey, Ohio, and Pennsylvania from Site Centers Corp. The transaction, which was agreed to in September, was arranged by ...
Invel Capital has partnered with Pearlmark Real Estate to pay $40.8 million for the 70-unit apartment property at 555 Northfield Ave. in the New York suburb of West Orange, N.J. The property includes the 17,000-square-foot Primrose School. The venture bought ...
PPM America Inc. has provided $27.1 million of mortgage financing against the 147,620-square-foot Bridge Point Piscataway industrial property in the central New Jersey township of Piscataway. The bridge loan was arranged by JLL Capital Markets. It's designed to allow the ...
Commercial Real Estate Direct Staff Report Signature Acquisitions has paid $33 million, or $162.16/sf, for the 203,506-square-foot office building at 14 Sylvan Way in Parsippany, N.J. The Cranford, N.J., investment manager bought the three-story building, within the former Mack-Cali Business ...
National Life Group has provided a $15.4 million loan against the 40-unit Clair apartment property at 37 Orange Road in Montclair, N.J. The Montpelier, Vt., insurance company's loan has a five-year term and pays a fixed coupon. It was arranged ...
California investor Cobby Pourtavosi bought the Sheraton Lincoln Harbor Hotel in Weehawken, N.J., in a deal involving the assumption of a long-troubled CMBS loan that was written down to $65.5 million from $80 million.
Hyperion Group has formed a venture that has paid $165 million, or $525,377/unit, for the 314-unit Centre apartment property in the northern New Jersey borough of Cliffside Park. The Miami developer partnered with Lawrence Benenson of New York's Benenson Capital ...
Hyperion Group has formed a venture that has paid $165 million, or $525,377/unit, for the 314-unit Centre apartment property in the northern New Jersey borough of Cliffside Park. The Miami developer partnered with Lawrence Benenson of New York's Benenson Capital ...
The property is fully leased to third-party shipping company O'Neill Logistics. It is about 32 miles south of Newark Liberty International Airport.
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