MANCHESTER, PA. — JLL has arranged the $110.2 million sale of a 1 million-square-foot warehouse located at 84 Zions View Road in the Central Pennsylvania community of Manchester. Built on 102 acres in 2019, the cross-dock distribution facility features a clear height of 36 feet, three drive-in doors, 88 dock doors, 126 trailer stalls and 455 parking spaces. John Plower, John Huguenard, Ryan Cottone, Zach Maguire, Jordan Schwartz, Jeff Lockard and Maria Ratzlaff of JLL brokered the deal. The buyer and seller were not disclosed. The building was fully leased at the time of sale.
MARLBOROUGH, MASS. — CBRE has brokered the $74 million sale of Talia, a 225-unit apartment complex located in the western Massachusetts suburb of Marlborough. Talia offers one-, two- and three-bedroom units that are furnished with stainless steel appliances, quartz countertops and individual washers and dryers. Amenities include a fitness center, business center, outdoor grilling and dining stations, a pet spa, game room, coffee bar, courtyard and walking/jogging trails. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the seller, a partnership between Fairfield Properties and an unnamed institutional investor, in the transaction. The buyer was a fund advised by regional investment firm The DSF Group.
PHILADELPHIA — A joint venture between New York City-based Rockefeller Group and Los Angeles-based PCCP LLC will undertake a 656,904-square-foot industrial redevelopment project in Philadelphia. The 50.4-acre site at 1500 Roosevelt Blvd. formerly housed the Byberry State Hospital, and the development team will convert the fully entitled property into a logistics campus. Rockefeller Group Logistics Center at Roosevelt Boulevard will feature two buildings totaling 318,696 and 338,208 square feet. The seller was an affiliate of the Philadelphia Industrial Development Corp. (PIDC), which is the city’s public-private economic development organization. CBRE advised on the sale of the land and will serve as the project leasing agent. John Alascio, Aaron Graves, Alex Lapidus, Chuck Kohaut, T.J. Sullivan and Jason Blankfein of Cushman & Wakefield arranged $100 million in construction financing through New York Life Real Estate Investors for the project.
BURLINGTON, MASS. — Vaisala has signed a 28,000-square-foot office and life sciences lease in the northwestern Boston suburb of Burlington. The Finnish manufacturer of environmental and industrial measurement devices is relocating from nearby Woburn to GenLabs, a 320,000-square-foot facility located at 3 Van de Graaff Drive. Alex Plaisted, Ryan Romano and Christian Vallis of CBRE brokered the deal. A partnership between Jumbo Capital and funds advised by Apollo Global Management owns GenLabs.
NEW YORK CITY — Cushman & Wakefield has negotiated a 20,000-square-foot office lease at 41 Flatbush Ave. in Brooklyn. The 10-story, 269,530-square-foot structure is known locally as The Pioneer Building and recently underwent a capital improvement program. Jason Kroeger and Frank Liantonio of Cushman & Wakefield represented the tenant, nonprofit organization Safe Horizon, which will occupy part of the sixth floor, in the lease negotiations. The name and representative of the landlord were not disclosed.
JERSEY CITY, N.J. — West Side Square Development Fund, which is a partnership between LanTree Developments, Altree Developments Inc., Lanterra Developments Inc. and Westdale Properties, has broken ground on a 477-unit multifamily project in Jersey City. West Side Square will be located in the Journal Square area and will house studio, one- and two-bedroom units, as well as 9,841 square feet of retail space. Amenities will include an outdoor deck with a pool and grilling stations, fitness center, coworking space, a community room and a dog run. Marchetto Higgins Stieve is the project architect, with Childs Dreyfus Group handling interior design. Completion is slated for summer 2026.
BOSTON — California-based owner-operator Kisco Senior Living will develop The Newbury at Brookline, a 159-unit complex that will be located on the west side of Boston. The site is located on the historic former Newbury College campus. The facility will ultimately comprise 81 independent living units, 38 assisted living residences and 40 memory care units via 190,000 square feet of new construction and 20,000 square feet of restoration to the historic Mitton House. The complex is scheduled to open next fall.
NEW YORK CITY — The Joyce Theater Foundation has acquired a civic building located at 287 E. 10th St. in Manhattan’s East Village for $16 million. The seven-story, 58,000-square-foot building formerly housed a Boys & Girls Club facility, and the Joyce Theater plans to use the space for rehearsal, performance and administrative purposes. Paul Wolf of nonprofit advisory firm Denham Wolf Real Estate Services negotiated the sale of the building. The seller was not disclosed.
ROCKY HILL, CONN. — Locally based brokerage firm Chozick Realty has arranged the $11 million sale of Hillview Plaza, a 33,799-square-foot retail center located in Rocky Hill, roughly 10 miles south of Hartford. Tenants at the property, which was built in 1990 and was 97 percent leased at the time of sale, include Webster Bank, Salute Restaurant and Dunkin’. Tom Boyle and Jordan Pinto of Chozick Realty represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has negotiated the $4.5 million sale of a 39,130-square-foot multifamily development site in the Bedford Park area of The Bronx. The site at 3165 Villa Ave. is approved for up to 57 units of residential development. Victor Sozio, Benjamin Vago, Daniel Mahfar and Jason Gold of Ariel Property Advisors brokered the deal. The buyer and seller were not disclosed.