Wednesday, June 17, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Northeast

Olympus-by-the-Sea-Millville-Delaware
AcquisitionsDelawareMultifamilyNortheast

IPA Negotiates Sale of 216-Unit Apartment Complex in Millville, Delaware

by Taylor Williams

MILLVILLE, DEL. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of a 216-unit apartment complex in Millville, located near coastal Delaware. Built on 20 acres in 2025 and formerly known as Ascend by the Sea, the property comprises seven buildings that house one-, two- and three-bedroom units. Amenities include a pool, fitness center, bocce ball court and a car wash station. Bob Dean and Jonathan Greenberg of IPA, along with Andrew Townsend and Timothy Stephenson Jr. of Marcus & Millichap, represented the undisclosed seller in the transaction and procured the buyer, Fort Worth-based Olympus Property. Brian Eisendrath, Cameron Chalfant, Jake Vitta and Patrick Barker, also with IPA, arranged acquisition financing for the deal.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentNew JerseyNortheastRetail

Target Opens 150,000 SF Store at West Orange Plaza in Northern New Jersey

by Taylor Williams

WEST ORANGE, N.J. — Target has opened a 150,000-square-foot store in the Northern New Jersey community of West Orange. The store, which is ultimately expected to employ about 280 people, is located within West Orange Plaza, a 298,000-square-foot center that is anchored by Whole Foods Market and is currently in the midst of a redevelopment. The store is the Minneapolis-based retailer’s 55th in New Jersey and third to open in the state in the past 12 months. Levin Management Corp. is the leasing agent for West Orange Plaza.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMassachusettsNortheastRetail

Atlantic Capital Partners Arranges $9M Sale of Former Movie Theater Complex in Randolph, Massachusetts

by Taylor Williams

RANDOLPH, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the $9 million sale of a former movie theater complex in Randolph, a southern suburb of Boston. The 112,265-square-foot complex previously housed a 16-screen Showcase Cinema that first opened in 1997. Justin Smith, David Smookler, Peter Considine, Danielle Turpin and Matt Austin of ACP represented the seller in the transaction and procured the buyer. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityLife SciencesMassachusettsNortheast

Biocytogen Signs 35,000 SF Life Sciences Lease Expansion in Waltham, Massachusetts

by Taylor Williams

WALTHAM, MASS. — Biocytogen, which provides animal and cell model generation for preclinical research, has signed a 35,000-square-foot life sciences lease in Waltham, a western suburb of Boston. Biocytogen now occupies about 70,000 square feet at the 143,533-square-foot building at 300 Third Ave. Tim Allen of Colliers represented the tenant in the lease negotiations. Tim Latham, Christopher Scott and Chris Devaux represented the landlord, Dallas-based Lincoln Property Co., on an internal basis.

Continue Reading
FacebookTwitterLinkedinEmail
The-Elbie-Long-Branch-New-Jersey
DevelopmentMultifamilyNew JerseyNortheast

Partnership Breaks Ground on 78-Unit Multifamily Project in Long Branch, New Jersey

by Taylor Williams

LONG BRANCH, N.J. — A partnership between two local companies, Downeaster Development and TANTUM Real Estate, has broken ground on The Elbie, a 78-unit multifamily project in the Northern New Jersey community of Long Branch. Designed by Rotwein + Blake Associates, the four-story building will house one- and two-bedroom units, as well as 4,000 square feet of ground-floor retail space. Amenities will include a fitness center, clubroom, game room, recording and podcast studio and outdoor grilling and dining stations. The first units are expected to be available for occupancy in late spring 2027.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLoansNew YorkNortheast

JLL Arranges $19.5M Loan for Refinancing of Industrial Building in Westchester County

by Taylor Williams

CROTON-ON-HUDSON, N.Y. — JLL has arranged a $19.5 million loan for the refinancing of a 118,991-square-foot industrial building in Croton-on-Hudson, located north of New York City in Westchester County. The single-tenant building at 1 Half Moon Bay Drive, which was fully leased at the time of the loan closing, was purpose-built for tire distribution in 1995 and features a clear height of 29 feet, 10 dock doors and two drive-in doors. Jillian Mariutti led the JLL team that placed the loan with Webster Bank on behalf of the owner, a partnership between Monday Properties and KPR Centers.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew YorkNortheastOffice

Marcus & Millichap Brokers $7.1M Sale of Two Long Island Office Buildings

by Taylor Williams

ROSLYN, N.Y. — Marcus & Millichap has brokered the $7.1 million sale of two office buildings totaling 28,714 square feet in the Long Island community of Roslyn. The buildings sit on a 1.5-acre site at 200-220 S. Service Road. Michael Tuccillo and Anthony Cerrone of Marcus & Millichap represented the undisclosed seller in the transaction and procured the buyer for the building at 200 S. Service Road. Global Realty Services USA procured the buyer for 220 S. Service Road. All parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityNew YorkNortheastRetail

Hydrogen Fitness Signs 17,000 SF Retail Lease in Midtown Manhattan

by Taylor Williams

NEW YORK CITY — Hydrogen Fitness has signed a 15-year, 17,000-square-foot retail lease in the Murray Hill submarket of Midtown Manhattan. The space spans the ground floor, lower level and mezzanine levels of the building at 145 E. 32nd St. Thomas Capuano of Okada & Co. represented the landlord, Meyer Equities, in the lease negotiations. Cory Gahr and Josh Lebowitz of Lee & Associates represented Hydrogen Fitness. The opening is slated for next January.

Continue Reading
FacebookTwitterLinkedinEmail
ARIUM-at-Greenwich-Place
AcquisitionsConnecticutMultifamilyNortheast

Partnership Buys Two Multifamily Properties in Greenwich, Connecticut for $356M

by Taylor Williams

GREENWICH, CONN. — A partnership between led by RMR Residential and which includes Chicago-based investment firm Heitman, has purchased two multifamily properties totaling 406 units in the southern coastal Connecticut city of Greenwich. The sales price was $356 million. ARIUM at Greenwich Oaks is a 30-acre, garden-style property that features 134 two-and three-bedroom units and amenities such as a pool, basketball and pickleball courts and a playground. ARIUM at Greenwich Place offers 272 one-, two- and three-bedroom units with private outdoor patios and balconies. The new ownership plans to make capital improvements to both properties.

Continue Reading
FacebookTwitterLinkedinEmail
The-Somerset-at-Montgomery
LoansMultifamilyNew JerseyNortheast

CBRE Arranges $31M Permanent Loan for Central New Jersey Apartment Complex

by Taylor Williams

MONTGOMERY TOWNSHIP, N.J. — CBRE has arranged a $31 million permanent loan for The Somerset at Montgomery, a 115-unit apartment complex in Central New Jersey. Completed in 2024, the two-building complex houses 92 market-rate units and 23 affordable apartments that are furnished with in-unit washers and dryers and private balconies. Amenities include a fitness center, business center and outdoor grilling and dining stations. Matthew Pizzolato, Josh Stein, Jason Gaccione, Shawn Rosenthal and Jake Salkovitz of CBRE arranged the loan through New York Life on behalf of the developer, County Classics.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts