Northeast

The initial fundraising goal was $300-$350 million.

The 158,463-square-foot grocery-anchored shopping center in Broward County is located approximately 12 miles southwest of Downtown Fort Lauderdale and was 99% leased at the time of sale.

Terra Capital has provided Miami-based alternative investment management firm CGI Merchant Group with a $57-million bridge loan to facilitate the recapitalization of the mixed-use property and what the ownership terms as a “ramp up” of a newly flagged hotel at the property.

“Supporting small businesses that create good jobs for residents is a critical component of Governor Murphy's plan to invest in communities,” says NJEDA chief executive officer Tim Sullivan.

CBRE's Gregg Rothkin and Gerry Miovski won the top prize for luring architect Rafael Viñoly to 375 Pearl St., once deemed one of the “the ugliest buildings in the world.”

Carly Tripp has stepped into this newly created position at one of the largest global real estate investment managers with $125 billion AUM.