NAI Mertz closes South Jersey industrial sale, leaseback
On April 6, NAI Mertz announced it completed the sale of an approximately 140,000-square-foot Delanco industrial building to Faropoint.
Source: njbiz.com
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ON THE SCENE: Latest middle market sales, exclusives
SALES The McSam Hotel Group has sold a 7,000 s/f, three-story building at 152 West 24th Street between Sixth and Seventh Avenues (pictured top) for $7.68 million. Joe Genovese of Lee Odell Real Estate represented the seller. Savills represented the buyer, Bideawee animal welfare and pet adoption organization. The nonprofit will re-locate from its Midtown East location and, following a comprehensive renovation of the building, the property will serve as a state-of-the-art pet adoption center. Bideawee projects a move in date of fall 2021. The current Manhattan location, at 410 East 38 Stree...
Source: rew-online.com