MARTA drives $1.4 billion in annual economic activity and supports nearly 25,000 jobs, according to the Cushman & Wakefield report.

“24-hour parking demand is increasing, commensurate with stepped-up downtown multifamily and hospitality development,” says Cushman & Wakefield's Ryan Larkin.

Amenities include a car care center, fitness center, pet walk and care stations, a playground, sports court and swimming pool.

As previously reported by GlobeSt.com, New York-based PCCP acquired Cumberland Center II for $68.3 million in May 2018.

Loan proceeds will be used to return equity to the sponsorship, HFF says.

The 58 properties spanned 10 states, including 39 properties in Pennsylvania and seven in New Jersey.

“Mainfreight's decision to take industrial space at 50 Cable Drive is a testament to northern New Jersey's extensive transportation network, population density and educated workforce,” says CBRE's William Waxman.

“The Pointe at Preston Ridge fits our current strategy of investing in existing multifamily communities that can benefit from A|P's property management expertise and value add/renovation program,” says Mark Briggs, chief operating officer at Atlantic | Pacific Real Estate Group.