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LAKEWOOD, NJ—Community Investment Strategies, Inc., an award-winning affordable housing developer, is one step closer to assisting Lakewood in the redevelopment of its former public housing project known as JFK Apartments, an aging apartment complex, with the awarding of $4 million in state tax credits.
LAWRENCEVILLE, NJ—A pharmaceutical samples management firm, a law firm, and a financial services firm have leased space totaling nearly 57,000 square feet at Princeton Pike Corporate Center in Lawrenceville, acquired in 2013 by Prism Capital Partners, LLC with Angelo, Gordon & Co.
MT. LAUREL, NJ—Belgium food manufacturer Puratos Corporation has bought a 57,750-square-foot industrial building at 1705 Suckle Highway in Pennsauken, NJ. NAI Mertz represented Puratos, and Whitesell Construction, the owner of the facility, represented themselves in the transaction.
MECHANICSBURG, PA—Woodmont Industrial Partners has sold 34 Dauphin Drive, which it acquired two years ago, to Exeter Property Group for $8 million.
LIVINGSTON, NJ—Transaction activity in Essex County, N.J.'s multifamily investment market continues to accelerate, with the recent sale of a $3.77 million asset in Belleville arranged by Gebroe-Hammer Associates.
PITTSTOWN, HAZLETON, and JESSUP, PA—KBS Real Estate Investment Trust II, a non-traded real estate investment trust based in Newport Beach, CA, has sold I-81 Industrial Portfolioin eastern Pennsylvania to Chambers Street Properties, a Princeton, NJ REIT focused on acquiring, owning and operating net leased industrial and office properties.
SHORT HILLS, NJ—Investors Bank's Commercial Real Estate Lending Group is moving strongly in its efforts to finance commercial projects. The bank recently completed more than $200 million worth of financing transactions, including a large industrial building in Fairfield, NJ and multifamily projects with more than 1,100 units from Dutchess County, NY to Wilmington, DE.
AVENEL, NJ— A joint venture of Ivy Equities and CenterSquare Investment Management has sold its 317,500-square-foot manufacturing and warehouse building at 11 Cragwood Road for $25.2 million to CenterPoint Properties. Cushman & Wakefield's Metropolitan Area Capital Markets Group orchestrated the transaction.
KING OF PRUSSIA, PA—Simon Property Group will connect The Court and The Plaza of King of Prussia Mall, Pennsylvania's top retail attraction and the second largest shopping center in the United States. The two retail areas have been separated by a roadway since their initial construction.
HOWELL TOWNSHIP, NJ—Mortgage brokerage Eastern Union Funding arranged the financing for the new home of its Howell, NJ, location at 481 Oak Glen Road. The suburban construction project was completed in just 10 months, and was fully occupied – in part by Eastern Union Funding itself – even before the construction project was done.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource