National News

The Broadway Company sells 'Le Charles' in Montreal for $8.65 million

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

Scheer and Cleeman of Cleeman Realty Group sell 56,504 s/f Winn Dixie Supermarket in Pinson, AL

Pinson, AL Cleeman Realty Group negotiated the off-market sale of a freestanding Winn Dixie Supermarket. The 56,504 s/f building is located

Newmark facilitates $457.5 million sale and $365 million financing of off-market multifamily portfolio

Oklahoma 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 Estate

DPS Group expands office in Philadelphia

Conshohocken, PA DPS Group, a privately-owned, global engineering, procurement, construction management, validation (EPCMV), and technical services firm serving the life science industries, has expanded

Community Housing Network announces $14 million housing investment in Sault Ste. Marie

Sault Ste. Marie, MI Community Housing Network, southeast Michigan’s largest housing resource nonprofit organization, will break ground this spring with support

Cleeman Realty Group arranges the $9 million portfolio sale of two net lease Winn Dixie supermarkets located in Florida

Willison, 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 renovations

Cronheim Mortgage secures $21 million for grocery anchored retail property in New Providence

New 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 borrower

Cronheim Mortgage finances two shopping centers in Arizona and Florida

Palm 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.

Scheer and Kaufman of Cleeman Realty Group sell 198,085 s/f Wilmington Plaza

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.

JLL Capital Markets closes sale of 164,701 s/f distribution/warehouse facility in Shakopee

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.