News

Morre-tec's lease at 181 E. Halsey Road will provide additional space for the selected storage and processing of compounds in conformance with food grade product requirements, NAI James E. Hanson states.

In the fourth quarter, CenterPoint completed three significant acquisition deals in the Northern New Jersey market.

The apartment community serves as the firm's second acquisition within the Arlington, VA market this year.

Skyhouse Downtown is part of CBRE's strategy to acquire properties within a target US multifamily market in a program that identifies metros that are expected to achieve long-term resilient real estate performance.

MG Properties Group acquired two multifamily communities, the Pallas Apartments in Beaverton, OR and the Tivalli Apartments in Lynnwood, WA, for a combined total of more than $305 million.

Innovo Property Group has acquired 511 Barry St., a 140,000-square-foot warehouse in the Hunts Point neighborhood of the Bronx for $54 million.

The portfolio traded for $25.3 million and the going in cap rate was just under 5%.

Federal Realty Investment Trust recently sold an 11.7-acre portion of San Antonio Center that was under threat of condemnation, as it is needed for a school being built by the Los Altos School District.