NEW YORK CITY—The mixed-use retail and office building at 145 E.125th St. in Harlem has sold in an all-cash transaction valued at $27 million. Cushman & Wakefield's Robert Shapiro exclusively handled this transaction with Bob Knakal and Jonathan Hageman. The sellers were the Kessner family, with Steven and Michael Kessner handling the transaction. The six-story elevator building is fully occupied and totals approximately 35,970 gross square feet

ORANGE, CT—A ShopRite Supermarket on Route 162 here has changed hands in a $10.8-million deal. Holliday Fenoglio Fowler marketed the 65,303-square-foot property on behalf of the seller, SH Corp., and procured the buyer, AS Realty. The offering consists of a freestanding grocery store fully leased to ShopRite through a 20-year net lease and an auto repair shop in southwest Connecticut. The HFF investment sales team representing the seller was led by senior managing director Jim Koury.

By the Numbers

BOSTON—The Boston-Cambridge, Newton, MA and New Hampshire housing markets ranked as the eighth hottest market in the United States, according to a study by realtor.com. The median age of the housing inventory in October for the Boston-Cambridge market was 52 days, down from the 59 days posted a month earlier. The hottest market in the nation continues to be the San Francisco-Oakland-Hayward, CA market, which had an October median age of housing inventory of 34 days, down from 36 in September when it also ranked as the hottest U.S. housing market.

News & Notables

NEW HOPE, PA—Addison Wolfe Real Estate, a boutique firm specializing in distinctive properties and homes in the Philadelphia area and New Jersey, has launched a new commercial division. The division will be led by Addison Wolfe Realtors Robert Reynolds and Allison Kingsley.

Building Blocks

RONKONKOMA, NY—The $24.8-million Liberty Landing apartments have opened here. The 59-unit supportive housing project offers residential based support services to formerly homeless veterans, in addition to affordable housing for low-income Long Island families. Located at 55 Portion Rd., Liberty Landing will provide 30 formerly homeless veterans with apartments and offer 28 affordable apartments to low-income Long Island families who meet income thresholds ranging from 30% to 51% of area median income.

PROVIDENCE, RI—The Rhode Island Dept. of Transportation has received proposals from four developers for the Providence Intermodal Transit Center. RIDOT intends to award a contract for the transportation hub in the late summer of 2017 and then begin construction in the fall of 2018. Close proximity to the existing Providence Station. The new transit hub could include residential, retail, office and/or commercial development adjacent to Providence Station.

Money Moves

WINDHAM, CT—Greystone has provided a $36 million Fannie Mae Delegated Underwriting and Servicing loan to refinance Colonial Townhouse Apartments here. The loan was originated by Donny Rosenberg of Greystone, on behalf of Colonial BT, with Shaya Ackerman of Meridian Capital in New York as correspondent on the transaction. The non-recourse Fannie Mae loan carries a 10-year fixed term with the first three years interest-only, and a 30-year amortization. The property, 95.9% occupied, features 444 residential units.