Newmark Knight Frank Multifamily reports it arranged more than $61 million in financing in connection with the purchase of the property that was completed in 2000 and is located adjacent to Route 59 Metro Station.

NAI James E. Hanson, the exclusive leasing broker for the former Ballantine Brewery located in the Ironbound district in Newark, reports that it negotiated industrial leases for 16,504 square feet with L. Gambert, LLC, 11,000 square feet with Windsor, and 9,000 square feet with Eli Fashion.

In times of trouble, US real estate can be seen as a safe harbor. But domestic political uncertainty presents other challenges.

Overall, life companies are still preferred to CMBS on retail deals, but in some cases CMBS works better.