Northeast

MANSFIELD, PA. — Marcus & Millichap has arranged the $840,000 sale of a 4,900-square-foot net-leased Sheetz property in Mansfield. Michael Shover and Matthew Gorman of Marcus & Millichap represented the seller, a developer, in the transaction. They also secured the buyer, a private investor. The property is located at 85 W. Wellsboro St. and was built in 2011. Sheetz is a chain of gas stations and convenient stores owned by the Sheetz family.

FacebookTwitterLinkedinEmail

NEW YORK CITY — Harbor Group International has completed a $10 million renovation of 1412 Broadway and moved its New York offices to the 14th floor of the 25-story office tower. The company purchased the building in 2010 and recent upgrades include new windows, lobby, corridors and restrooms. Specter DeSouza Architects designed the project. Tenants at the property include Jones New York, One Step Up and Escada USA.

FacebookTwitterLinkedinEmail

NEW YORK CITY — Silverstone Property Group has acquired a pair of mixed-use buildings at 143-145 W. 4th St. in the Greenwich Village Historic District of New York City for $11.3 million. The five-story buildings total 21,364 square feet and include 26 apartments. Of the 26 units, six are rent stabilized. James Nelson, Mitch Levine, Caroline Hannigan and Matt Nickerson represented the seller in the transaction.

FacebookTwitterLinkedinEmail

HARRISON, N.J. — Meridian Capital Corp. has arranged $49 million in permanent financing for the recently constructed Harrison Station multifamily building in Harrison. The four-story multifamily complex includes 275 luxury apartments and seven retail spaces along Frank East Rogers Boulevard Harrison Building 1 Urban Renewal, a joint venture between Ironstate Holdings and The Pegasus Group, is developing the property. David Cohen and Russ Drebin of Meridian Capital Group negotiated the 10-year Freddie Mac loan.

FacebookTwitterLinkedinEmail

PHILADELPHIA — Marcus & Millichap has arranged the $9.6 million sale of County Line Plaza, a 75,640-square-foot shopping center in Philadelphia. The property is anchored by Food Basics and Big Lots and is fully occupied. Brad Nathanson of Marcus & Millichap represented the seller, a local shopping center operator, in the transaction. Steve Siegel of Marcus & Millichap represented the buyer.

FacebookTwitterLinkedinEmail