Thursday, June 4, 2026
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1035-Third-Ave-NYC
LoansMixed-UseNew YorkNortheast

HFF Arranges $42M Acquisition Loan for Mixed-Use Property in Manhattan

by Amy Works

NEW YORK CITY — HFF has arranged $42 million in acquisition financing for a mixed-use property located at 1035 Third Ave. in Manhattan’s Upper East Side. HFF secured the six-year, floating-rate loan from Helaba Bank for Acadia Realty Trust. The funding was used for the acquisition and to reposition the property. The approximately 53,000-square-foot property features retail, office and parking space. Mike Tepedino, Jennifer Keller and Andrew Lane of HFF represented the borrower in the loan transaction.

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MassachusettsMultifamilyNortheast

Berkshire Income Realty Acquires Gatehouse 75 in Boston

by Amy Works

BOSTON — Berkshire Income Realty has acquired Gatehouse 75, an apartment community located in the Charlestown neighborhood of Boston. Metric Corp. sold the 99-unit Class A apartment community for an undisclosed price. Completed in 2014, Gatehouse 75 features a clubroom, fitness center and roof deck, as well as underground parking. Additionally, the property is located near Boston’s North End, Financial District, Government Center, Cambridge and Somerville neighborhoods.

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1881-Amsterdam-Avenue
MultifamilyNew YorkNortheast

GFI Realty Brokers $4.6M Sale of 18-Unit Multifamily Property in Manhattan

by Amy Works

NEW YORK CITY — GFI Realty Services has brokered the sale of a five-story apartment building located at 469 West 153rd St., also known as 1881 Amsterdam Avenue, in the Hamilton Heights section of Manhattan. A local investor purchased the property, which features 18 residential units and a retail unit, for $4.6 million. Shawn Sadaghati and Yisroel Pershin of GFI Realty Services represented the seller, a local investor, while Sylvia Spielman of GFI Realty represented the buyer in the transaction.

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Scenic-Falls-Apartments-NJ
LoansMultifamilyNew JerseyNortheast

Integra Real Estate Capital Arranges $3.6M in Refinancing for Apartment Building

by Amy Works

BLACKWOOD, N.J. — Integra Real Estate Capital has arranged a $3.6 million mortgage for the refinancing of Scenic Falls Apartments, a 100-unit multifamily property located in Blackwood. The 7-year loan, provided by a New Jersey portfolio lender, features a 3.75 percent fixed rate. Igor Goldenberg of Integra negotiated the financing on behalf of a New York-based borrower.

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TheShopsatFlintCreek
IllinoisLoansMidwestRetail

Cohen Financial Arranges $9M Acquisition Loan for Retail Property in Barrington, Ill.

by Danielle Everson

BARRINGTON, ILL. — Cohen Financial has arranged a $9 million acquisition loan for The Shops at Flint Creek, an upscale retail shopping center located at 500 N. Hough St. in Barrington. Heinen’s Grocery Store anchors the shopping center, which is fully leased. Dan Rosenberg of Cohen Financial’s Chicago office secured the fixed-rate CMBS loan, which is structured with a 10-year term and a 75 percent loan-to-value ratio. Rosenberg secured the loan with Citigroup Global Markets Inc. The borrower is a venture of Next Realty, a national owner of retail properties.

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IndianaIndustrialMidwestOhio

DTZ Sells Two Industrial Properties for $8.3M

by Danielle Everson

MASON, OHIO AND NORTH VERNON, IND. — DTZ has brokered the $8.3 million sale of two single-tenant industrial properties located in Mason and North Vernon. The Cincinnati Fan property, situated on 17.6 acres, is located at 7697 Snider Road in Mason, northeast of Cincinnati. The 122,898-square-foot industrial manufacturing facility was sold to Robinson & Sons LLC for $4.7 million. Cincinnati Fan and Ventilator will continue to operate in the property. In the other transaction, Agracel Inc. acquired a manufacturing facility in North Vernon from Martinrea Industries. The 140,960-square-foot building, situated on 11.5 acres, sold for $3.6 million. Martinrea Industries, a Tier I automotive supplier, will continue to operate in the facility on a long-term lease. DTZ’s capital markets and industrial leasing teams represented owners Cincinnati Fan and Martinrea Industries in both investment sales transactions.

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IllinoisIndustrialMidwest

Entre Arranges $2M Sale of 40,180 SF Industrial Property in Elmhurst, Ill.

by Danielle Everson

ELMHURST, ILL. — Entre Commercial Realty has arranged the $2 million sale of a 40,180-square-foot industrial property in Elmhurst. Jimenus, a distributor of steel rule dies, tools, jigs, boards and fixtures, purchased the property located on 1.8 acres at 727 Larch Ave. The firm is relocating to this space from 220 Gateway Drive in Bensenville, Ill. The property features 18-foot ceiling heights, four docks and 3000 amp of power. Improvements planned for the building include 4,000 square feet of newly designed office with additional upgrades to the exterior facade and landscaping starting in spring of 2015. The facility is located off York Road along the Eisenhower Expressway, with access to I-290, I-294 and the O’Hare submarkets. John Gazzola and Mike Gazzola of Entre Commercial Realty represented Jimenus. Mark Barbato of Nicolson Porter & List represented the seller.

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CivicIllinoisMidwest

Holland Begins Construction on New Catholic High School in Glen Carbon, Ill.

by Danielle Everson

GLEN CARBON, ILL. — Holland Construction Services Inc. began work on the new Father McGivney Catholic High School in Glen Carbon. The new 53,000-square-foot, two-story facility is located at the corner of Old Troy and Bouse roads. The new school includes classrooms, commons area, a chapel, library, gymnasium and a student lounge. Hurford Architects Inc. designed the new school, which is scheduled to open in August for the 2015-2016 school year.

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HealthcareIllinoisMidwest

Quantum Real Estate Advisors Brokers Sale of Medical Office Building in Berwyn, Ill.

by Danielle Everson

BERWYN, ILL. — Quantum Real Estate Advisors Inc. has brokered the $945,000 sale of a single-tenant medical office building located at 3300 S. Oak Park Ave. in Berwyn. Vanguard Health Systems, a wholly owned subsidiary of Tenet Healthcare, occupies the freestanding, 5,990-square-foot building. A Pennsylvania-based real estate fund was the seller. The buyer was a private real estate investor based in Scottsdale, Ariz. Chad Firsel of Quantum Real Estate Advisors Inc. was the sole broker in the transaction.

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North-Courtyard
RetailTexas

Trademark to Renovate The Shops At Highland Village in Dallas

by Haisten Willis

DALLAS — Trademark Property Co., the operating partner for The Shops at Highland Village, will complete a multi-million dollar renovation of the 352,000-square-foot shopping center located in Dallas. The project will include common area improvements, upgraded landscaping, the addition of new amenities for adults and children, updated facades and new signage throughout the property. Trademark conducted a design meeting last summer at The Shops at Highland Village with numerous architects, the onsite management team and city officials to collaborate and formulate a strategic plan and direction for the property.

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