SALEM, N.H. — Needham, Mass.-based Equity Industrial Partners has selected Integrated Builders for a fit-out contract totaling 100,000 square feet of commercial space, located at 9 Northeastern Blvd. in Salem, a 660,000-square-foot warehouse/light manufacturing facility. Integrated Builders will provide fit-outs for 74,000 square feet of warehouse and 26,000 square feet of office space for nora systems. The McKenna Group Ltd. is the project architect.
Northeast
QUINCY, MASS. — Clarion Partners recently sold the 145,752-square-foot, Class A office building Josiah Quincy Building, located at 200 Newport Ave. in Quincy, for $25 million. The eight-story building features a two-story atrium lobby and flexible 22,000-square-foot floor plates. Robert Griffin, Jr., Edward Maher, Jr., David Pergola and Brian Doherty of Cushman & Wakefield's Boston office represented the seller and procured the buyer, an affiliate of Boston-based Synergy.
GREENWICH, CT. — Freepoint Commodities has signed a lease for 23,160 square feet of space at the 425,000-square-foot Greenwich Office Park, a Class A property located in Greenwich. The location will serve as its corporate headquarters. David Block and Michael Siegel of CB Richard Ellis' Stamford, Ct., office represented the asset manager, ING Clarion Partners. Eric Goldschmidt of Scarsdale, N.Y.-based Goldschmidt & Associates represented Freepoint Commodities.
NEW YORK CITY — Equity One has acquired a fee interest in a Manhattan retail condo for $55 million. The property totals 56,870 square feet and is located at 161 W. 16th St. in Chelsea. Loehmann's leases the space until March 2016. The seller's name was not released.
BEAR, DEL. — Beech Street Capital has secured $32 million in Fannie Mae financing for Christiana Meadows, a 648-unit, garden-style apartment community located in Bear. The borrower, School House Trust, plans to use the proceeds to pay off the property's existing $26.4 million debt. Bryan Sykes of Beech Street's Boston office originated the loan. The borrower's name was not released.
SOMERSET, N.J. — Colliers International has brokered the sale of a 20,164-square-foot retail center located at 464 Elizabeth Ave. in Somerset for $8.9 million. The center was constructed in 2009 and is tenanted by Rite Aid, Dunkin Donuts and New Millennium Bank. The buyer was a regional investor. William Aiello and George Lulos of Colliers' Harrisburg, Pa., office partnered with Ian Schroeder and Maurice Nieman of the firm's Irvine, Calif., office to represent both parties in the deal.
HAUPPAUGE, N.Y. — The Hamphire Companies has sold a Long Island warehouse to C.R. Trop LLC. The property is located in Hauppauge at 75 Oser Ave., within Hauppauge Industrial Park. It totals 32,500 square feet and features full air conditioning, 16-foot clear ceilings, two docks and one drive-in door. Richie Cohen of Ashlind Properties represented Hampshire in the deal.
NEW YORK CITY — Q10 | New York Realty Advisors has arranged $13.8 million in non-recourse financing for an 80-room, limited-service hotel located in the Midtown West submarket of Manhattan. The loan, which carries a 5-year term and a 5.11 percent fixed interest rate, will refinance a 2006 loan for the property. The borrower and lender were not disclosed.
PHILADELPHIA — The Kislak Company has completed the sale of Empirian Luxury Towers, a 569-unit apartment community located in Philadelphia, for $27.3 million. Constructed in 1949 and located at 633 W. Rittenhouse St., the community consists of two 12-story brick buildings. It also contains 13 commercial spaces. Jacob Friedman of Kislak arranged the deal between the undisclosed parties and worked with the special servicer for the property's distressed $50 million commercial mortgage-backed loan.
STAMFORD, CONN. — CB Richard Ellis (CBRE) has brokered the sale of One Dock Street, an 85,723-square-foot office building located in Stamford, for $15.8 million. The building was 87 percent leased at the time of the closing. The property is situated at the entrance to the new Harbor Point project that is under development. The CBRE team of Jeffrey Dunne, Steven Bardsley and David Gavin represented the seller, Antares One Dock LP. The team also procured the buyer, a joint venture between Meritage Properties and ClearRock Properties.