THOROFARE, NJ—The property includes a 180,000-square-foot warehouse/distribution facility strategically located on 12.7 acres at Exit 20 of Interstate 295 in West Deptford, NJ.
SOUTHAMPTON, PA—Joe Sternberg, a sales associate with NAI Mertz, closed three leases with a musical instrument company, a limousine service, and a moving company totaling 22,655 square feet in Philadelphia and Bucks County, PA.
PHILADELPHIA—Presidential City, Post Brothers' lavish multifamily redevelopment project off City Avenue near Bala Cynwyd is getting a $183 million refinancing arranged by CBRE.
TRENTON, NJ—Sowa, a lifelong native of Trenton, was introduced to community and business leaders at a press briefing Monday at the New Jersey Manufacturers Insurance campus in Ewing Township, NJ.
UNION, NJ—The facility will serve as a regional distribution center with additional office space for boxed.com, which will now occupy more than 50% of the 263,553-square-foot property.
PHILADELPHIA—Liberty Property Trust, Synterra Partners and PIDC say that Central Green, the dynamic park located in the center of the revitalized and redeveloped Navy Yard, has received multiple awards for design and development, just as Liberty/Synterra's newest building overlooking the park, 1200 Intrepid Avenue, is scheduled to come on line.
FAIRLAWN AND HACKENSACK, NJ—NorthMarq Capital's New Jersey-based regional office, arranged $91.5 million in refinancing for a 13-property medical office portfolio, of which eleven assets are located in exceptional, high-demographic, in-fill markets throughout Northern New Jersey.
PARSIPPANY, NJ—Colliers says the state's industrial sector is continuing to show historic levels of growth, as tightening availabilities likely contributed to a slowdown in leasing velocity during the past three months.