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The property, originally built for Continental Can Company, is currently 70% leased to more than 20 tenants. No financial terms of the transaction were disclosed. Senior mortgage financing was provided by AmeriServ Financial.
Innovo Property Group and Square Mile Capital Management are developing a one million square foot, two-story Class A logistics and distribution facility at 2505 Bruckner Boulevard in the Bronx.
Eric Fox of Cushman & Wakefield was recently inducted into the Association of Silicon Valley Broker Hall of Fame, where event proceeds are donated to selected charities that are recognized for life-changing efforts.
The statewide team will continue to focus on representing institutional and private multifamily owners as well as arranging construction financing and structuring equity.
Following the COVID-19 slowdown, Entrada will undertake a multi-million-dollar renovation that will focus on Travis Park Plaza's aesthetic, amenities and tenant functionality.
District 237's new leases include a new long-term lease for 142,710 square feet with Raytheon, 96,000 square-feet to NXP Semiconductors and 76,000 square-feet to CDK Global.
DHL Realty has sold its 10,044-square-foot retail center in Oceanside on Long Island, situated along the South Nassau corridor, at 2882-2904 Long Beach Road for $3.95 million, or $393 per square foot. Cushman & Wakefield arranged the sale.