HACKENSACK, NJ—Susan C. Karp, a member of the Hackensack law firm Cole, Schotz, Meisel, Forman & Leonard, has been elected president of Commercial Real Estate Women of New Jersey (CREW NJ), a state chapter of the largest commercial real estate network dedicated to the advancement of women in the industry.

PHOENIX—Institutional Property Advisors, a division of Marcus & Millichap Inc. has facilitated the sale of Waterford at Superstition Springs, a 280-unit multifamily community in Mesa. The commercial real estate sale netted $33 million, or $117,850 per unit.

SINGAPORE—Global Logistics Properties and Singapore sovereign wealth fund make first US investment, with purchase of huge Blackstone portfolio.

NEW YORK CITY—Together with substantial air rights, the sites seem ideal for an industrial development and are valued at approximately $100 per square foot.