ATTLEBORO, MASS. — Skanska USA Building has been selected to serve as project manager for a renovation of Attleboro High School, located at 100 Rathbun Willard Dr. in Attleboro. Major renovations to the 300,000-square-foot building will include a double-roof replacement. The project will begin this fall, with completion scheduled for the end of the year.
PLAINFIELD, N.J. — The dedication ceremony has been held for the new Plainfield Senior Citizen’s Center and Veterans Meeting Hall. The 15,526-square-foot facility, which contains separate areas for the senior center and the veterans hall, is situated on the ground floor of The Monarch, a newly constructed condominium community located at 400 E. Front St. in Plainfield. The condo building contains 63 units and is slated for summer occupancy. The building is being developed by Hillside, N.J.-based P&F Management Co.
NEW YORK CITY — New York City-based Massey Knakal Realty Services has brokered the sale of an industrial property located at 211-217 Cook St. in the East Williamsburg neighborhood of Brooklyn. The sites totals 10,000 square feet and contains three steel and frame industrial buildings. The property is zoned for up to 20,000 square feet of manufacturing space. Massey Knakal’s Mark Lively and Tom Donovan negotiated the transaction between both undisclosed parties. The property traded for $1.15 million.
WHIPPANY, N.J. — Hartz Mountain Industries has signed a 100,000+ square-foot lease with the Breeze-Eastern Corp., a publicly traded designer of lifting devices for military and civilian aircraft. As part of the long-term lease agreement, the company will move its corporate offices and manufacturing facility to 35 Melanie Lane in Whippany. The move to the Whippany facility is expected to be complete by third quarter 2010. Breeze-Eastern will spend approximately $5 million to build out its new offices.
NEW YORK CITY — Construction is complete on 1926 Crotona Parkway, an affordable senior housing community located in the East Tremont section of the Bronx in New York City. The 96-unit rental development offers a range of unit sizes and common area features that include a community room/lounge and landscaped backyard space. The project was developed through a partnership between Atlantic Development Group and Highbridge Community Development Corp., non-profit housing development and management corporation. Highbridge will manage the property going forward. Applicants for the studio, one- and two-bedroom units, must include one household member who is 62 years of age or older at the time of application. Applicants also must meet certain household income requirements. Studios in the building can be rented for $638 per month. One-bedroom units will lease for $683 and the two-bedroom units will lease for $823 per month.
WASHINGTON TOWNSHIP, N.J. — Matrix Development Group has signed a lease with Scholastic Book Fairs at Northeast Business Park in Washington Township. Scholastic will occupy 89,625 square feet of warehouse space and 6,175 square feet of office space at 14 Applegate Drive, a 241,662-square-foot industrial building within Northeast Business Park. The facility offers 26-foot clear height, plentiful door positions and trailer parking and an Early Suppression Fast Response (ESFR) fire suppression system. It also features easy access to Exit 7A interchange of the New Jersey Turnpike and Interstate 195. Other tenants within the park include W.W. Grainger, Lifetime Brands Inc., Sleepy's and several regional operators. The park is contiguous to Matrix Business Park at Exit 7A, a 480-acre industrial park that includes such tenants as Mercedes Benz of America and McCaster Carr Co.
NEW YORK CITY — GFI Realty Services has arranged the sale of a five-story, walk-up apartment building, located at 462 137th St. in the Bronx, New York City, for $1.22 million. The building contains 20 units in a mix of three and four bedrooms. Three of the units are rent controlled and the remaining units are rent stabilized. Shlomo Antebi and Matthew Sparks of GFI represented both local parties in the transaction.
PORT CHESTER, N.Y. — The New York Metro regional office of NorthMarq Capital has secured $1.25 million in first-mortgage financing for a 20,865-square-foot multi-use property located at 225 Westchester Ave. in Port Chester. The property comprises 12,865 square feet of office space, as well as an 8,000-square-foot restaurant. Tenants include Poko Management, Saverio Terenzo, Weissman Management and JRJ Restaurant. The loan includes a 5-year term with a 25-year amortization schedule, as well as a 6.12 percent, non-recourse interest coupon. The loan was arranged by NorthMarq’s Thomas Graf and Bruce Whipple on behalf of the borrower, Weissman Management Corp. The lender was a private, New York-based bank.
FAIRFIELD, N.J. — Bergman Real Estate Group has completed a 37,100-square-foot lease at 155 Passaic Avenue, a Class A office property located in Fairfield. Science Applications International Corp. (SAIC) will occupy two of the building’s four floors. John Osborne of Bergman represented the undisclosed landlord in lease negotiations. Steven Fleming of Jones Lang LaSalle represented SAIC. The building contains 88,000 total square feet of office space.
FARMINGDALE, N.Y. — Massey Knakal Realty Services has brokered the sale of a 5,550-square-foot retail center, located at 968-976 Fulton St. in Farmingdale, for $800,000. The corner strip center contains five tenants with below-market rents. Massey Knakal’s Lev Kimyagarov represented the seller. Both parties were undisclosed.