Here is a roundup of recent deals, leases, executive moves, andother news from the past week.
Deal Tracker
GALLOWAY, NJ—Cushman & Wakefield served asexclusive advisor to P3RE Properties in arranging $6.5 million offinancing secured by Smithville Square in Galloway, NJ. Thefive-year, fixed-rate financing was provided by AtlanticStewardship Bank. Cushman & Wakefield successfully marketed thetransaction and secured multiple offers for P3RE. Smithville Squareis a recently renovated, 107,000-square-foot retail center locatedless than a mile from the historic Smithville downtown in Galloway,NJ. It has 19 diverse tenants, including Dunkin Donuts, Petvalu,JD's Pub and Grill, Village Dry Cleaners and Lucky Nails.
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