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New Jersey Shopping Center Sells for $14.2 Million

New Jersey Shopping Center Sells for $14.2 Million

by Phil Hall | Sep 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE:CBRE) announced the $14.2 million sale of Waretown Town Center, an 87,735-square-foot shopping center in Waretown, New Jersey. The property is located along the Route 9 commuter thoroughfare and is 96% leased, with ShopRite as the anchor store....
Blake Rogers Named President at Scotland Wright Associates

Blake Rogers Named President at Scotland Wright Associates

by Phil Hall | Sep 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Scotland Wright Associates, an Atlanta-based commercial real estate services firm, has promoted Blake Rogers from chief operating office to president of the company while also making him an equity member of the firm. In his expanded role, Rogers will oversee all...
Peachtree Group Launches Restaurant Management Division

Peachtree Group Launches Restaurant Management Division

by Phil Hall | Sep 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Peachtree Group, an Atlanta-headquartered investment management firm, has launched a restaurant management division. The new division will be led by Daniel Puglisi, senior vice president of corporate operations for hospitality management, and will focus on operating...
Global Net Lease Sells Two More Properties in Strategic Disposition Plan

Global Net Lease Sells Two More Properties in Strategic Disposition Plan

by Phil Hall | Sep 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

New York City-based Global Net Lease Inc. (NYSE: GNL), a real estate investment trust focused on income producing net lease assets, continued its strategic disposition plan with the sales of The Plant Shopping Center in San Jose, California, for $95 million and the...
Planned Soccer Stadium for Connecticut Delayed Until at Least 2026

Planned Soccer Stadium for Connecticut Delayed Until at Least 2026

by Phil Hall | Sep 3, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Plans to open a soccer stadium in Connecticut’s most populous city has been delayed for at least a year as funding for the project continues to be sought. The CT Mirror reported the soccer stadium project in Bridgeport is being spearheaded by tech millionaire André...
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