Regions

Cushman & Wakefield Arranges Sale of 504KSF Industrial Asset

The new ownership has commenced a multi-million-dollar renovation of 340 Stiles St., in Linden, N.J., scheduled for completion in spring 2017.

PMG Trades Charlotte’s Midtown Crossing for $30M

After a year of ownership, Property Markets Group sold the 122,830-square-foot retail center to Bluejay Capital Management.

Economy Watch: Holiday Sales Rise, Especially Online

More than one-fifth of all holiday spending this season was conducted online, a substantial increase from the same time a year before.

10 St. James Ave.

Mori Trust Enters US with Big Boston Buy

The Japanese company has agreed to pay $673 million to acquire two Back Bay office buildings in a partial sale-leaseback transaction with Liberty Mutual.

Dr. Kris Singh

Holtec Int’l Makes $312M Move in New Jersey

The energy-tech company is about to relocate to its new 600,000-square-foot plant in Camden, N.J.

Fiat-Chrysler Reveals $1B Expansion Plan

FCA intends to create 2,000 new jobs while upgrading its assembly plants in Warren, Mich., and Toledo, Ohio.

BioMed Sells DC-Area R&D Facility for $338M

HFF represented the seller and closed on an acquisition loan on behalf of the new owner.

Charlotte’s Mallard Creed Center Changes Hands

CBRE brokered the sale of 259,786-square-foot Mallard Creek Center to Stream Realty Partners.

44 Union Square rendering

Reading Closes $57M Financing for 44 Union Square

The project is set to be completed by the first quarter of 2018.

Macy’s at the Jefferson Mall, Louisville, Ky.

CBL Announces Redevelopment of 4 Macy’s Stores

CBL has entered into an agreement to buy three of the four locations from Macy’s for $5 million.