30 Warren retail condo trades for $12M
Marcus & Millichap announced the sale of 30 Warren Street Retail Condominium, a 3,086 s/f retail property for $12,000,000. Eric Anton and Nelson Lee represented the
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ON THE SCENE: Roundup of middle market sales, exclusives
SALES JLL Northeast Industrial Markets announced the sale of 95 Fulton Street in Boonton, NJ, on behalf of Erasteel, Inc. The 55,000 s/f property was
Arbor funds $81M loan for Spaxel mutlifamily acquisition
Arbor Commercial Mortgage has funded an $81 million loan for Spaxel’s acquisition of a 701-unit New Jersey multifamily portfolio. Brad Domenico, partner at Progress Capital,
340,000 s/f FiDi development site hits the market
The Ohebshalom family has tapped Eric Anton at Marcus & Millichap to sell a 340,000 s/f FiDi development site. Anton is looking for bids on
Marcus & Millichap closes biggest NJ multifamily trade of 2020
A real estate investment firm run by former Colony Northstar boss David Hamamoto and ex-WeWork executive Granit Gjonbalaj has paid $92 million for two New
Marcus & Millichap acquires another finance company
Marcus & Millichap has acquired the assets of Houston-based LMI Capital. LMI Capital, founded in 1999, arranges debt and equity capital across all property types
ON THE SCENE: The week in middle market sales
Marcus & Millichap announced the following sales: • 183 Guernsey Street (pictured top) an eight unit apartment property in Greenpoint, Brooklyn, sold for $2,325,000. Michael
ON THE SCENE: This week’s Under $10M sales
Angel Commercial announced that the former site of Joe’s American Bar & Grill Restaurant in Fairfield, CT, has sold for $3,905,000. Jon Angel represented both
ON THE SCENE: This week’s middle market sales, exclusives
SALES Bestreich Realty Group (BRG) announced the closing of 236 Kingsland Avenue in Greenpoint, Brooklyn for $2,375,000. The 6-unit multifamily is located between Nassau and
Marcus & Millichap acquires Mission Capital
Marcus & Millichap has entered into an agreement to acquire Mission Capital in a transaction expected to close in the fourth quarter. Founded in 2002,