301-601 Merritt 7, a four-building office park in the New York City suburb of Norwalk, Connecticut, was sold for $58.5 million. The property covers 945,000 square feet within the larger six-building, 1.5 million square feet Merritt 7 complex. The property is the...
Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
Chappaqua Crossing, a mixed-use development in the affluent New York City suburb of Chappaqua, New York, has been sold for $76.5 million. The property is situated between the Saw Mill Parkway and Route 117 and is the redevelopment of the former Reader’s Digest...
A 169-unit portfolio of Connecticut affordable housing complexes was sold for $39.7 million. The portfolio consists of the 10-story, 116-unit Kimberly Place in Danbury and the five-story 53-unit One Leonard in Norwalk. Both properties are set aside for senior...
A pair of retail/office properties along the Jersey Shore were sold for a combined $5.35 million. SRZ Properties LLC acquired 9218 Ventnor Avenue in Margate, New Jersey, for $3.15 million. The property encompasses nearly 8,000 square feet, along with an onsite parking...
Extra Space Storage Posts 4.6% Same-Store NOI Growth, Reports $1.4 Billion …
