Saturday, April 25, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Northeast

Twenty20-East-Cambridge-Massachusetts
AcquisitionsMassachusettsMultifamilyNortheast

Mesirow Buys 20-Story Apartment Building in East Cambridge, Massachusetts

by Taylor Williams

EAST CAMBRIDGE, MASS. — Chicago-based financial services firm Mesirow has purchased a 20-story apartment building in East Cambridge, located across the Charles River from Boston. Built in 2015 within the 4.5 million-square-foot Cambridge Crossing mixed-use development, the building is known as Twenty20 and houses 355 units with an average size of 807 square feet, as well as 8,625 square feet of retail space. Residences come in studio, one-, two-, three- and four-bedroom floor plans. Amenities include a rooftop terrace, fitness center, yoga sundeck, a pet wash station, clubroom and a library. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the seller, an undisclosed institutional investment firm, in the transaction and procured Mesirow as the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
446-W.14th-St.-Manhattan
AcquisitionsNew YorkNortheastRetail

Avison Young Negotiates $23.5M Sale of Lower Manhattan Retail Building

by Taylor Williams

NEW YORK CITY — Avison Young has negotiated the $23.5 million sale of a 22,285-square-foot retail building in Lower Manhattan. The building at 446 W. 14th St. is located in the Meatpacking District and was fully leased at the time of sale to Puttery, a minigolf-themed entertainment concept. The seller was an entity doing business as Meatpacking Retail LLC, and the buyer was a joint venture between Klosed Properties and Namdar Realty Group. James Nelson, Brent Glodowski, Mitchell Levine and Noah Kossoff of Avison Young brokered the deal.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyNew YorkNortheast

CBRE Arranges $17.2M Acquisition Loan for Two Manhattan Apartment Buildings

by Taylor Williams

NEW YORK CITY — CBRE has arranged a $17.2 million acquisition loan for two apartment buildings located at 159 and 161 Prince St. in Manhattan’s SoHo neighborhood. Built in the early 1900s, the historic, five-story buildings consist of 37 residential units and two ground-floor retail spaces totaling approximately 20,000 square feet. Shamir Seidman of CBRE arranged the loan through Derby Copeland Capital on behalf of the borrowers, private investors Michael and Ed Ostad.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityNew YorkNortheastRetail

Trader Joe’s Opens 13,500 SF Grocery Store in Miller Place, New York

by Taylor Williams

MILLER PLACE, N.Y. — Trader Joe’s has opened a 13,5000-square-foot shopping center in Miller Place, located on Long Island. The store is housed within a newly constructed building at 300 State Route 25A. Robert Delavale of The Breslin Organization represented the undisclosed landlord in the lease negotiations. A grand opening ceremony took place in mid-February.

Continue Reading
FacebookTwitterLinkedinEmail
Party_City_Staples
MassachusettsNortheastRetailTop Stories

Party City Returns, Opens 700 Locations Inside Staples

by Abby Cox

FRAMINGHAM, MASS. — Party City and Staples have partnered to bring the specialty party retailer inside more than 700 Staples locations nationwide and on the Staples website, with plans to expand to additional stores by the end of 2026. According to the companies, the partnership creates a single destination for celebrations by offering a selection of balloons, décor and party supplies, along with Staples same-day print and marketing services. “Staples has always been focused on making things easy for our customers, and our partnership with Party City takes that promise into new territory,” says Marshall Warkentin, president of Staples U.S. Retail.  The Party City stores within a store offer a range of latex and foil helium balloons in a variety of colors, sizes and designs. In the coming weeks, shoppers will also be able to schedule balloon pickups in advance through the Staples website and app. In addition, customers can shop for party décor, tableware, gift bags, costume accessories and favors, while also creating personalized invitations, banners, yard signs and posters through Staples print services. Party City Holdco Inc. (PCHI) first filed for Chapter 11 bankruptcy protection in January 2023 and announced in December 2024 that it would be liquidating and …

Continue Reading
FacebookTwitterLinkedinEmail
The-360-The-Bronx
DevelopmentLoansMultifamilyNew YorkNortheast

JLL Arranges $130M Construction Loan for Bronx Multifamily Project

by Taylor Williams

NEW YORK CITY — JLL has arranged a $130 million construction loan for The 360, a 304-unit multifamily project that will be located in the Mott Haven neighborhood of The Bronx. The 360 will be a 13-story building with 228 market-rate and 76 affordable units that will come in studio, one- and two-bedroom floor plans. Amenities will include a rooftop lounge, fitness center with a yoga studio, coworking spaces and 24-hour concierge services, and The 360 will also house 47,892 square feet of retail space that is preleased to Food Bazaar. Lauren Kaufman and Nicco Lupo of JLL arranged the loan through PCCP on behalf of the developer, a partnership between Shorewood Real Estate Group and Bogopa Enterprises. Construction is slated for a 2028 completion.

Continue Reading
FacebookTwitterLinkedinEmail
The-Residence-at-Selleck's-Wood-Darien-Connecticut
AcquisitionsConnecticutMultifamilyNortheastSeniors Housing

Harrison Street Acquires Two Seniors Housing Communities in Southern Connecticut

by Taylor Williams

DARIEN AND STAMFORD, CONN. — Chicago-based owner-operator Harrison Street has acquired two seniors housing communities totaling 216 units in southern Connecticut. The Residence at Selleck’s Woods in Darien totals 102 independent living, assisted living and memory care units and was completed in 2019. Amenities include a private theater, billiards room, salon, library, activity space and restaurant-style dining rooms. The Residence at Summer Street in Stamford features 104 units of independent living, assisted living and memory care and offers similar amenities. Jay Wagner, Rick Swartz, Aaron Rosenzweig and Jim Dooley of JLL represented the seller, a partnership between LCB Senior Living and Virtus Real Estate Capital, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyNew YorkNortheastSeniors Housing

Lument Provides $58.2M Agency Loan for Refinancing of Rochester Seniors Housing Property

by Taylor Williams

ROCHESTER, N.Y. — New York City-based Lument has provided a $58.2 million Freddie Mac loan for the refinancing of The Village at Unity and The Hamlet, a 332-unit seniors housing property in Rochester. Built in 1990 and subsequently renovated in 2000, 2012 and 2022, the property consists of 272 independent living units, 40 assisted living units and 20 memory care residences. Tyler Armstrong, Chris Cain and Taylor Russ of Lument originated the financing on behalf of the owner, Wegman Cos. The loan carries a 10-year term with interest-only payments for four years, a fixed interest rate and a 30-year amortization schedule.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHealthcareNew JerseyNortheast

Cushman & Wakefield Brokers $4.3M Sale of Medical Office Building in Westwood, New Jersey

by Taylor Williams

WESTWOOD, N.J. — Cushman & Wakefield has brokered the $4.3 million sale of a 33,277-square-foot medical office building in the Northern New Jersey community of Westwood. According to LoopNet Inc., the three-story building at 400 Old Hook Road was originally constructed in 1987. Andrew Schwartz, Jordan Sobel, André Balthazard and Dan Bottiglieri of Cushman & Wakefield represented the seller in the transaction. Brian Anderson and Eddie Miro, also with Cushman & Wakefield, arranged acquisition financing on behalf of the buyer. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
1-3-Eves-Drive-Evesham-Corporate-Center-Marlton-New-Jersey
AcquisitionsNew JerseyNortheastOffice

Colliers Brokers Sale of 160,000 SF Office Portfolio in Marlton, New Jersey

by Taylor Williams

MARLTON, N.J. — Colliers has brokered the sale of a portfolio of six office buildings totaling approximately 160,000 square feet in the Southern New Jersey community of Marlton. The portfolio comprises two single-story buildings totaling 33,317 square feet at 1 and 3 Eves Drive, as well as Evesham Corporate Center, a 14.2-acre development that houses 133,822 square feet of office space across four buildings. The Eves Drive buildings were fully leased at the time of sale, while Evesham Corporate Center was roughly 65 percent leased at the time of sale. Jacklene Chesler, Patrick Norris and Brittany Leventoff of Colliers brokered the deal. The buyer and seller were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts