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Marcus New Jersey team helps broker sale of 57-unit rental complex in Raleigh

Marcus New Jersey team helps broker sale of 57-unit rental complex in Raleigh

by Joshua Burd | Jan 16, 2023

Trails Corner Apartments at 804-817 McMakin St. in Raleigh, North Carolina — Courtesy: Marcus & Millichap By Joshua Burd A private investor has sold a 57-unit apartment complex in Raleigh, North Carolina, for nearly $10 million, according to a broker in Marcus...
Provident closes $7.5 million loan to refi Ashkenazy-owned retail center in Atlantic City

Provident closes $7.5 million loan to refi Ashkenazy-owned retail center in Atlantic City

by Joshua Burd | Jan 13, 2023

By Joshua Burd Ashkenazy Acquisition Corp. has secured a $7.5 million loan to refinance a 76,000-square-foot, grocery-anchored shopping center in Atlantic City. In a news release, the New York-based firm said Provident Bank originated the seven-year, fixed-rate loan...
TFE acquires distinctive 12,000 sq. ft. retail property in downtown Westfield

TFE acquires distinctive 12,000 sq. ft. retail property in downtown Westfield

by Joshua Burd | Jan 13, 2023

154 East Broad St. in Westfield — Courtesy: TFE Properties LLC By Joshua Burd TFE Properties LLC has purchased a former bank building in downtown Westfield that in recent years has been home to an Urban Outfitters store, the firm announced. Located at 154 East Broad...
Manufacturer relocates, expands at Larken’s Hillsborough Business Center

Manufacturer relocates, expands at Larken’s Hillsborough Business Center

by Joshua Burd | Jan 13, 2023

Hillsborough Business Center in Hillsborough — Courtesy: Larken Associates By Joshua Burd A tenant at Larken Associates’ sprawling industrial park in Hillsborough is expanding once again after signing a new lease for nearly 1,100 square feet. According to the property...
Turtle & Hughes moving HQ to Clark, in 27,000 sq. ft. lease with Signature Acquisitions

Turtle & Hughes moving HQ to Clark, in 27,000 sq. ft. lease with Signature Acquisitions

by Joshua Burd | Jan 12, 2023

100 Walnut Ave. in Clark — Courtesy: Signature Acquisitions By Joshua Burd Turtle & Hughes, a national distributor of electrical and industrial equipment, is moving its corporate offices to Clark under a newly announced lease by Signature Acquisitions. According...
Investor eyes 586,000 sq. ft. warehouse project after buying Salem County parcels

Investor eyes 586,000 sq. ft. warehouse project after buying Salem County parcels

by Joshua Burd | Jan 12, 2023

Salem Business Center at 3, 4 and 7 Collins Drive in Carneys Point — Courtesy: D2 Collins LLC By Joshua Burd An investment group has purchased a 48-acre development site in Salem County, seeking to expand its holdings and capitalize on growing industrial rents in the...
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