CHERRY HILL, NJ—Bancroft, a neurological healthcare provider for children and adults with intellectual or developmental disabilities and adults needing neurological rehabilitation, will relocate its headquarters from Haddonfield, NJ to 1255 Caldwell Road, a recently purchased 41,500 square foot office building located in Cherry Hill, NJ.
MEDIA, PA—Zommick McMahon Commercial Real Estate has been named exclusive retail agent for Middletown Commons, a 176 acre mixed use development on the former Franklin Mint site in Media, PA. Middletown Commons will be developed by the McKee Group and its partners and will include 300,000 square feet of office/retail space, 350 homes and a 150 room hotel.
CHERRY HILL, NJ—Pennsylvania Real Estate Investment has engaged Safari Energy, a solar energy solutions provider, to install a 1,600 kW solar generating system with more than 5,000 solar panels on the rooftop of Cherry Hill Mall, in Cherry Hill, NJ.
PHILADELPHIA, PA—The American Planning Association has named Reading Terminal Market in Philadelphia, PA one of the 10 Great Public Spaces in America for 2014.
MATAWAN, NJ–HFF secured $14.5 million in financing for Metro Park South, a 132,721-square-foot, Class A office building in Matawan, NJ that will enable the new owner to pay down debt and make capital improvements on the property.
PARSIPPANY, NJ—Transwestern, a privately held real estate firm, has named industry veteran Matthew Dolly director of research in the firm's New Jersey office.
EAST HANOVER, NJ—Bergman Real Estate Group has acquired 100 Eagle Rock Avenue, a 90,000 square-foot office property in East Hanover, NJ, for about $6.4 million in a joint venture with a vehicle managed by Rialto Capital Management, a wholly owned subsidiary of Lennar Corporation.
KUTZTOWN, PA—CBRE has brokered the sale of Weis Plaza, 15260 Kutztown Road in Kutztown, Berks County, PA. Nassimi Realty of New York City acquired the 115,359 square-foot retail property for an undisclosed amount.
WARREN, NJ —Colliers International has arranged a long-term, 11,529-square-foot corporate relocation for global technology services provider Mindtree Ltd. at 25 Independence Boulevard in Warren, NJ. Mindtree, based in Bangalore, India, will relocate its United States headquarters within Warren at the end of September 2014.
HOBOKEN, NJ—Global digital and print publisher John Wiley & Sons Inc. has signed a 15-year lease for 386,407 square feet of office space at 111 River Street in Hoboken, in a transaction brokered by Savills Studley.