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APG, Canada Pension Plan Investment Board and ESR Cayman say they hope over time it will double its investment by delivering as much as $2 billion in new development projects.
Greystone's Dan Sacks said that the company worked with the client on a number of properties in Pennsylvania and is now helping it expand its portfolio into Delaware.
The property was sold by JG Holt Limited Partnership. JLL represented the seller and procured the buyer. Additionally, working on behalf of the new ownership, JLL facilitated debt financing totaling $13.32 million for the transaction with Harbor One Bank.
First National Realty has completed a number of other notable transactions so far in 2020, including the $19.2-million purchase of The Court at Hamilton, a 194,106-square-foot Walmart-anchored shopping center in Hamilton Township. NJ in late February.
The Habitat Company and P3 Markets have received LIHTC approval from the city of Chicago for a transit-oriented, mixed-use development in the historic Grand Boulevard neighborhood.