SHREWSBURY, MASS. — Philadelphia-based investment firm Equus Capital Partners has acquired Centech Park North, a 300,075-square-foot industrial development in Shrewsbury, located just outside of Worcester. Developed by NorthBridge Partners and completed in 2023, Centech Park North comprises two buildings totaling 195,975 and 103,500 square feet. The buildings feature clear heights of 36 feet and a combined 64 dock-high doors and four drive-in doors. The park was fully leased at the time of sale to tenants in industries such as life sciences, advanced manufacturing and commercial services. The sales price was not disclosed.
Northeast
NASHUA, N.H. —Lansing Melbourne Group, a North Carolina-based owner-operator, has recapitalized The Flats on High Street, a 156-unit multifamily property in the southern New Hampshire city of Nashua, via an equity investment from a subsidiary of Dallas-based Leon Capital Group. The amount was not disclosed, but Leon Capital provided the funds in conjunction with another equity investment in a student housing property in Binghamton. Combined, the two equity investments roughly $19 million. The Flats on High Street is located in the city’s downtown area and offers studio, one- and two-bedroom floor plans. Amenities include outdoor grilling areas, a pet spa, resident lounge, outdoor gaming area and a business center.
BARTONSVILLE, PA. — CBRE has brokered the sale of Shops at Crossroads, a 133,717-square-foot shopping center in Bartonsville, located roughly midway between Allentown and Scranton in Eastern Pennsylvania. Grocer GIANT anchors Shops at Crossroads, which was built in 2009 and is also home to tenants such as Visionworks, Red Lobster, Jersey Mike’s and CosmoProf. Chris Munley, Colin Behr, Ryan Sciullo and Casey Smith of CBRE represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
NEW YORK CITY — Northmarq has arranged a $15 million loan for the refinancing of the 34,949-square-foot Atlantic Plaza Shopping Center in Queens. The center, which is located in the borough’s Ozone Park neighborhood, was built in 1984 and is home to tenants such as Bravo Supermarkets, Lenox Hill Radiology, Four Leaf Federal Credit Union and Dunkin’. Robert Delitsky and Keith Braddish of Northmarq arranged the loan through an undisclosed commercial bank on behalf of the owner, Schuckman Realty Inc.
TINTON FALLS, N.J. — Walker & Dunlop has arranged a $60 million bridge loan for the refinancing of Bell Works Fort Monmouth, a mixed-use campus in the Northern New Jersey community of Tinton Falls. Bell Works Fort Monmouth is a 276,900-square-foot redevelopment of the former headquarters facility of cybersecurity firm CommVault. The borrower and lead developer, Inspired by Somerset Development, purchased the site in early 2025 and is repositioning the campus to feature office space, retail and restaurant space, coworking facilities and community-focused amenities. Dustin Stolly, Aaron Appel, Sean Reimer, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Ari Hirt and Stanley Cayre of Walker & Dunlop arranged the loan through Hudson Bay Capital on behalf of Inspired by Somerset, which has partnered with H.I.G. Realty Partners on the project.
BENSALEM, PA. — A partnership between affiliates of regional owner-operator Endurance Real Estate and Boston-based Long Wharf Capital has purchased a portfolio of two industrial building totaling 110,883 square feet in Bensalem, a northern suburb of Philadelphia. The building at 3366 Marshall Lane totals 69,945 square feet and features a clear height of 21 to 29 feet. The building at 3350 Progress Drive totals 40,888 square feet and features a clear height of 18.5 feet. Pat Gilmore and Mike Borski of The Flynn Co. represented the undisclosed seller in the transaction. Endurance plans to implement capital improvements within the portfolio and has tapped Avison Young as the leasing agent.
FLEMINGTON, N.J. — Marcus & Millichap has brokered the $4.7 million sale of Hunterdon Commons, a 57,935-square-foot retail center in the Northern New Jersey community of Flemington. The center was built on 5.9 acres in 1989 (renovated in 2017) and was 97 percent leased to 13 tenants at the time of sale. Brent Hyldahl and Alan Cafiero of Marcus & Millichap represented the seller, a family office, in the transaction and procured the undisclosed buyer.
WILMINGTON, MASS. — BRUNT Workwear has signed a 56,000-square-foot lease in the northern Boston suburb of Wilmington. The space is located within the property at 299- 301 Ballardvale St., which can support industrial, office and life sciences uses, and will serve as the apparel retailer’s new headquarters. Brian McKenzie and Christian Vallis of CBRE represented the landlord, a partnership between Camber Development and GEM Realty Capital, in the lease negotiations. Derek Losi and Nathaniel Heilbron of Cresa represented the tenant.
NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has negotiated the $45 million sale of Hudson View II and III, a four-building affordable housing portfolio in Upper Manhattan. The building are located at 520 W. 145th St., 528 W. 145th St., 1704 Amsterdam Ave. and 502-504 W. 145th St. and comprise 129 Section 8 residential units and 11 retail spaces. Victor Sozio, Shimon Shkury and Remi Mandell of Ariel represented the undisclosed seller in the transaction. The name and representative of the buyer were also not disclosed.
BOSTON — Galvanize Real Estate, the sustainable real estate arm of global asset manager Galvanize, has acquired a portfolio of three industrial buildings totaling 360,000 square feet in Boston. Known as the Liberty Logistics Portfolio, the buildings are located in the Metro West and Metro South submarkets. Specific addresses were not disclosed. Galvanize plans to retrofit the buildings with various sustainability features to reduce the portfolio’s total carbon emissions by 104 percent. The seller and sales price were not disclosed.
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