Montreal, Canada Boston-based real estate investment firm The Broadway Company has sold 3639-3641 Sainte-Famille, a 51-unit apartment building in the heart of the McGill Student District in Montreal, Quebec, Canada. The sale price was $8.65 million CAD
Pinson, AL Cleeman Realty Group negotiated the off-market sale of a freestanding Winn Dixie Supermarket. The 56,504 s/f building is locatedOklahoma City, OK Newmark Multifamily has facilitated a $457.5 million sale and $365 million financing of a 20-property multifamily portfolio spanning from the Carolinas to Oklahoma. The 2,899-unit portfolio was sold for New York-based Cedar Grove Capital to Austin-based GVA Real EstateConshohocken, PA DPS Group, a privately-owned, global engineering, procurement, construction management, validation (EPCMV), and technical services firm serving the life science industries, has expandedSault Ste. Marie, MI Community Housing Network, southeast Michigan’s largest housing resource nonprofit organization, will break ground this spring with supportWillison, VT Cleeman Realty Group arranged the $9 million portfolio sale of two net lease Winn Dixie supermarkets located in Williston and Crawfordville. Both properties recently underwent multi million dollar store renovationsNew Providence, N.J. Cronheim Mortgage has arranged $21 million in permanent financing for a 108,000 s/f grocery-anchored shopping center. The 10-year financing amortizes over 30 years and was placed with American United Life Insurance Company, whom Cronheim represents as correspondent and servicer. The borrowerPalm City, FL Cronheim Mortgage has arranged $15.1 million in permanent financing for two retail properties. The 10-year financing amortizes over 30 years. Allison Villamagna, Dev Morris, David Poncia, and Andrew Stewart represented the borrower. The two properties total 109,188 square feet.Wilmington, OH Cleeman Realty Group brokered the off-market sale of Wilmington Plaza. The 198,085 s/f shopping center is anchored by a s Kroger grocery store and was 83% occupied at the time of closing. The property is on a 24.06-acre site off Rombach Ave.Shakopee, MN JLL Capital Markets closed the sale of a 164,701 s/f, single-tenant distribution and warehouse facility fully leased to Logistics Insight Corp. in the Minneapolis suburb.