Page 2 - Institutional Properties News Today

CBRE announced it represented the seller and procured the buyer in the $16 million sale of 5 Becker Farm Road in Roseland.

CBRE handles deal on behalf of sellers, Northlight Capital Partners & Accordia Realty

Office site to be redeveloped as 221 residential rental and 80-unit senior housing community.

As economies shut down in 2020, gyms and fitness centers were forced to adapt by providing at-home fitness options.

To embed, copy and paste the code into your website or blog: As economies shut down in 2020, gyms and fitness centers were forced to adapt by providing at-home fitness options. Melina Cordero, Managing Director of Institutional Properties and Retail of CBRE Group, states that "the same thing happened to fitness that has happened in virtually every other category of retail, which is omni-channel." The shift to a blend of digital and in-person options was certainly escalated in 2020, but many of ...

CBRE announced that Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Gene Pride, Travis Langer and Zach McHale of CBRE’s Institutional Properties group, in partnership with CBRE’s Tom Sullivan, represented an institutional seller in the $46.6 million sale of 170 Park Avenue in Florham Park, New Jersey. 170 Park is fully leased on a long-term basis to Celularity, Inc. and serves as their corporate headquarters, lab, and manufacturing facility. The CBRE team was also responsible fo...