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PHILADELPHIA, PA—Versant Commercial Brokerage worked some financial alchemy to recapitalize the Hampton Inn – Philadelphia Airport located in Philadelphia, PA.
EDGEWATER PARK, NJ—Nassimi Realty says it will be sprucing up its latest South Jersey acquisition, Edgewater Park Plaza, a 115,000-square-foot shopping center in Edgewater Park, NJ near Philadelphia, which the firm just purchased. Terms of the sale were not disclosed.
WARSAW—The 50/50 joint venture between TIAA-CREF and Spanish developer Neinver was launched this past January, with the goal of creating a leading outlet platform across Europe.
WASHINGTON, DC—After several months between its first and second deals, Freddie Mac now has several deals in the pipeline, W&D's Frank Baldasare tells GlobeSt.com's Erika Morphy.
WASHINGTON, DC—Q2 was particularly active, with Northern Virginia, Suburban Maryland and DC each recording positive leasing growth for the first time in 18 months.
NOVATO, CA—Rowland Plaza is comprised of two three-story buildings at 75 and 88 Rowland Way, with 143,444 square feet of rentable space including flex/R&D and lab, and is 73% leased to a diverse mix of tenants.
LYNN, MA—North Shore Medical Center and Partners HealthCare announced a revised restructuring plan that now involves the closure of the 126-bed North Shore Medical Center Union Hospital here in the next three years.
LOS ANGELES—Planet Home Living is under construction on PRISM, a 15-home community in Eagle Rock priced in the $600,000 range and scheduled to open in September.