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Woodmont, Canoe Brook Complete 199-Unit Apartment Complex in Randolph, New JerseyRANDOLPH, N.J. — A partnership between Woodmont Properties and Canoe Brook Development has completed WoodBrook at Randolph, a 199-unit apartment complex in Northern New Jersey.
Representative imageNAI DiLeo-Bram Negotiates $10.5M Sale of Industrial Building in Piscataway, New JerseyPISCATAWAY, N.J. — NAI DiLeo-Bram & Co. (NAIDB) has negotiated the $10.5 million sale of a 41,309-square-foot industrial building in the Northern New Jersey community of Piscataway. According to LoopNet Inc., the building at 281 Centennial Ave. was originally constructed in 1973.
Representative imageCushman & Wakefield Arranges Financing for IOS Facility in South Plainfield, New JerseySOUTH PLAINFIELD, N.J. — Cushman & Wakefield has arranged an undisclosed amount of acquisition financing, as well as joint venture equity, for an approximately 8-acre industrial outdoor storage (IOS) facility in South Plainfield, about 40 miles southwest of New York City.
Gilbane, CBRE Investment Begin Leasing 703-Bed Student Housing Development Near University of FloridaGAINESVILLE, FLA. — Gilbane Development and CBRE Investment Management have begun leasing Zaya, a 703-bed student housing project located at 3600 S.W. 20th Ave. in Gainesville.
Real Capital Solutions Acquires 101 Marietta Office Tower in Downtown Atlanta for $49.5MATLANTA — Real Capital Solutions has acquired 101 Marietta, a 36-story office tower located at 101 Marietta St. NW in downtown Atlanta, for $49.5 million. The seller was not disclosed.
Truist Bank Supplies $300M Credit Facility for JIOS’s Expanding IOS PortfolioThe momentum behind the industrial outdoor storage space shows no sign of slowing, and one firm just closed a new financing facility to enable it to continue to scale its IOS investments.
Bridgepoint to Acquire Kayne Anderson Real Estate in U.S. CRE PushLondon-based private equity firm Bridgepoint Group said Monday it has agreed to acquire Kayne Anderson Real Estate (KARE) from Kayne Anderson Capital Advisors in a cash-and-stock deal valued at $1.393 billion.
Harrison Street Asset Management CEO Christopher Merrill Owns the Alternatives SpaceChristopher Merrill is the co-founder and CEO of Harrison Street Asset Management, a global investment firm in real estate alternative assets.
Inside Prospect Acquisitions’ Investment StrategyIn New York City real estate, the best opportunities rarely come with a “for sale” sign. They do not appear on listing platforms. They are not widely marketed by brokers or driven through competitive bidding processes.
Alston & Bird Relocates NYC Offices to 51W52 in 170K-SF LeaseNewmark has arranged a new 169,664-square-foot lease on behalf of affiliates of Harbor Group International (HGI), at 51 W. 52nd St., bringing the iconic Midtown Manhattan office tower to full occupancy.
Walker & Dunlop Arranges Wells Fargo Refi for Rosemead CenterWalker & Dunlop has arranged a $46-million refinance loan for Rosemead Place, a prominent retail center in Rosemead.
Bronx Bank’s Flagship Branch Goes for $16M in 1031 ExchangeMarcus & Millichap finalized the sale of a net-leased bank property occupied by the headquarters and flagship branch of Ponce Bank, located at 2244 Westchester Ave. in the Bronx. The asset sold for $16,250,000.
Rancho Cucamonga Neighborhood Retail Sells for $6M Off-MarketProgressive Real Estate Partners has closed the $6-million, off-market acquisition of Allmark Plaza, 16,926-square-foot multi-tenant unanchored neighborhood retail center located at 10060-10080 Arrow Route in Rancho Cucamonga, to an Orange County-based private investor.
22-Property NJ Workforce Portfolio Refinanced for $38MBenmark Capital recently closed on a $38-million loan to refinance a 22-building workforce housing portfolio in Paterson, NJ. The financing was secured by Ania Management, led by Founder and CEO Charles Florio. The transaction was arranged by Marc Waldman of Kentmoore Capital.
Lee & Associates Closes Suburban Chicago Industrial LeasesLee & Associates has closed two industrial leases in the Western Chicago suburbs totaling 131,417 square feet.
Barnes & Noble Opens New Store in Oak ParkBarnes & Noble announced the opening of its new bookstore in Oak Park, Illinois The new location is the third new store to open in the Chicagoland area this year and will soon be joined by a fourth, opening on State Street in Downtown Chicago later this summer.
Law Firm Shipman & Goodwin Relocates to Hartford’s Gold BuildingLaw firm Shipman & Goodwin LLP (Shipman) announced today that it will relocate its Hartford office to LAZ investments’ Gold Building at One Financial Plaza in the latter half of 2027. The three-floor space spans approximately 70,000 square feet and will house 250 employees.
CBRE Arranges $18M Sale of 380K-SF Ohio Industrial FacilityCBRE has arranged the sale of a 380,000-square-foot industrial distribution facility located at 1 Modern Way in Trotwood, Ohio. Viking Partners purchased the property from Stratacache, Inc. for $18 million.
An Evening of Cocktails and Celebration at CO’s 2026 Power Young Professionals GalaWhile enjoying a beautiful summer evening atop New York City’s famed 120 Broadway, home of the Banker’s Club, Commercial Observer raised its glass Thursday evening to the honorees of this year’s Power Young Professionals awards.
Representative imageKorean Chef Jiho Kim to Open Flagship Restaurant at 21 West 17th StreetKorean chef Jiho Kim has leased 3,120 square feet at 21 West 17th Street in Manhattan’s Flatiron District for his namesake flagship restaurant, Jiho.