Northeast

70-Abendroth-Avenue-Port-Chester-New-York

Truist Provides $66M Construction Loan for Multifamily Project in Port Chester, New York

by Taylor Williams February 23, 2026

PORT CHESTER, N.Y. — Charlotte-based Truist Bank has provided a $66 million construction loan for a 203-unit multifamily project in Port Chester, located along the New York-Connecticut border. The site is located at 70 Abendroth Road in the downtown area. The six-story building will include roughly 20 affordable housing units that will be reserved for households earning 60 percent or less of the area median income, as well as 10,000 square feet of retail space, a community facility and structured parking. John Alascio and Chuck Kohaut of Cushman & Wakefield arranged the loan on behalf of the developer, Hudson Cos.

February 23, 2026

Acquisitions Massachusetts Mixed-Use Northeast

Walker & Dunlop Arranges $53.6M Sale of Mixed-Use Property in Cambridge

by Taylor Williams February 23, 2026

CAMBRIDGE, MASS. — Walker & Dunlop has arranged the $53.6 million sale of 929 MASS, a two-building, mixed-use property in Cambridge, located across the Charles River from Boston. The property consists of 18-story building with 96 apartments, 12,451 square feet of commercial space and 101 parking spaces, along with a contiguous five-story building with 31 residential units. Travis D’Amato, Michael Coyne, Brendan Shields, Kevin Gleason and Maggie McFarland of Walker & Dunlop represented the undisclosed, institutional seller in the transaction. The buyer was John M Corcoran & Co.

February 23, 2026

Acquisitions Industrial New Jersey Northeast

Saddleback Sells Industrial Building in Hackettstown, New Jersey for $13M

by Taylor Williams February 23, 2026

HACKETTSTOWN, N.J. — Saddleback Real Estate Developers has sold a 50,000-square-foot industrial building in Hackettstown, about 65 miles west of New York City, for $13 million. The buyer was Bytech, a Brooklyn-based mobile accessories manufacturer. The newly constructed building at 999 Willow Grove St. features clear heights of 28 to 32 feet, four loading doors and an acre of outdoor storage space. Robert Adams of Garden State Realty brokered the sale of the building, which was financed by Kearny Bank.

February 23, 2026

Acquisitions Industrial Maine Northeast

RAM Cos. Buys 66,000 SF Vacant Industrial Building in Scarborough, Maine

by Taylor Williams February 23, 2026

SCARBOROUGH, MAINE — The RAM Cos., a Maine-based investment firm, has purchased a 66,000-square-foot vacant industrial building in Scarborough, located just south of Portland. The site at 16 Washington Ave. spans 15 acres within Scarborough Industrial Park. The building, which was formerly owned and occupied by packaging products and services provider Sonoco Corp., offers a clear height of 23.5 feet and more than 100 parking spaces. RAM Cos. plans to make capital improvements to the building.

February 23, 2026

Acquisitions Multifamily New Jersey Northeast

Kislak Negotiates $90M Sale of Northern New Jersey Multifamily Portfolio

by Taylor Williams February 20, 2026

WOODBRIDGE, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $90 million sale of a portfolio of 10 multifamily properties totaling 540 units in Northern New Jersey. The properties range in size from 14 to 275 units and are scattered across municipalities such as Roselle Park, Elizabeth and Rahway. Jeff Squires of Kislak represented the seller, New Jersey-based owner-operator Landmark Cos., in the transaction. The buyer was not disclosed.

February 20, 2026

Acquisitions Connecticut Northeast Retail

JLL Brokers $44.4M Sale of Shopping Center in Bristol, Connecticut

by Taylor Williams February 20, 2026

BRISTOL, CONN. — JLL has brokered the sale of Bristol Plaza, a 263,829-square-foot shopping center located approximately 20 miles southwest of Hartford, for $44.4 million. Anchored by regional grocer Stop & Shop, Bristol Plaza was 93.1 percent leased at the time of sale. Other tenants include T.J. Maxx, Burlington, Dollar Tree and Starbucks. Chris Angelone, Zach Nitsche, Alex Quinn, Sam Wiesman and Henry Schaffer of JLL represented the seller, Federal Realty Investment Trust, in the deal. The buyer was Sterling Organization.

February 20, 2026

Industrial Loans New York Northeast

Largo Capital Arranges $43.5M CMBS Loan for Refinancing of Buffalo Industrial Building

by Taylor Williams February 20, 2026

BUFFALO, N.Y. — Locally based financial intermediary Largo Capital has arranged a $43.5 million CMBS loan for the refinancing of a 323,260-square-foot industrial building in Buffalo. The address was not disclosed. Completed in 2022, the rail-served building features a clear height of 40 feet and was fully leased at the time of the loan closing. Jack Phillips led the transaction for Largo Capital. The borrower and direct lender were also not disclosed.

February 20, 2026

Acquisitions Development Industrial New Jersey Northeast

Joint Venture Acquires 26,630 SF Industrial Building in Fairfield, New Jersey, Plans Redevelopment

by Taylor Williams February 20, 2026

FAIRFIELD, N.J. — A joint venture between Legacy Real Estate Developers and Commerce Park Investors has acquired a 26,630-square-foot industrial building in the Northern New Jersey community of Fairfield. The partnership plans to redevelop the building at 611 Union Blvd., which was originally constructed in 1980 as the home of the Knickerbocker Machine Shop, to support retail and flex uses in addition to industrial. Howard Weinberg of JLL brokered the sale. The seller and sales price were not disclosed.

February 20, 2026

The-Grande-at-Metropark-Iselin-New-Jersey

Loans Multifamily New Jersey Northeast

Newmark Arranges $98M Acquisition Loan for Multifamily Property in Iselin, New Jersey

by Taylor Williams February 19, 2026

ISELIN, N.J. — Newmark has arranged a $98 million acquisition loan for The Grande at MetroPark, a 356-unit multifamily property located in the Northern New Jersey community of Iselin. Built in phases between 2019 and 2023, the property offers studio, one- and two-bedroom units, as well as a penthouse suite. Amenities include multiple lounges, game rooms, fitness centers, catering kitchens and coffee bars, as well as a conference center, putting green, pool, dog park and an outdoor theater. Jordan Roeschlaub, Christopher Kramer, Adam Doneger and Ryan Bub of Newmark arranged the loan on behalf of the borrower, a partnership between Brooksville Co. and Torchlight Investors. The direct lender was not disclosed.

February 19, 2026

Leasing Activity New York Northeast Office

NYS AG Signs 378,438 SF Office Lease Expansion, Extension in Lower Manhattan

by Taylor Williams February 19, 2026

NEW YORK CITY — The New York State Office of the Attorney General (NYS AG) has signed a 378,438-square-foot office lease expansion and extension at 28 Liberty Street, a 60-story, 2.1 million-square-foot building in Lower Manhattan. The deal comprises an extension of the existing 342,484 square feet across floors 13 through 21 and 23, as well as a 35,954-square-foot expansion for the entire 22nd floor. Peter Riguardi, John Wheeler, Mitchell Konsker and Michael Berman of JLL represented the undisclosed landlord in the lease negotiations. The tenant was self-represented.

February 19, 2026

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