Tag:

CBRE

Morris Plains, NJ
Real Estate
$85M Sale Of Morris Plains Luxury Apartments Finalized $85M Sale Of Morris Plains Luxury Apartments Finalized
$85M Sale Of Morris Plains Luxury Apartments Finalized A sprawling luxury apartment community in Morris Plains just sold for a whopping $85 million, officials with CBRE announced on Friday, July 11. The buyer, whose name has not been released, purchased Signature Place, a 197-unit Class A complex featuring high-end finishes and resort-style amenities, from Veris Residential, a New Jersey-based real estate investment trust. Built in 2018, Signature Place offers apartments averaging more than 1,000 square feet and is loaded with perks: a pool, yoga studio, golf simulator, movie theater, conference rooms, pet spa, and a clubroom with game tables a…

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by Cecilia Levine
Bowie, MD
Business
Six Flags America To Close: Here's What We Know Six Flags America To Close: Here's What We Know
Six Flags America To Close: Here's What We Know Maryland thrill-seekers, enjoy the ride while it lasts. Six Flags America and Hurricane Harbor in Bowie are shutting down after the 2025 season, Six Flags Entertainment Corporation confirmed on Wednesday, May 1. The company said it plans to market the 500-acre property for redevelopment as part of a “portfolio optimization program,” ending decades of roller coasters, water slides, and family memories in Prince George’s County. “As part of our comprehensive review of our park portfolio, we have determined that Six Flags America and Hurricane Harbor are not a strategic fit with the company’s…

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by Zak Failla
Stratford, CT
Real Estate
100-Home Route 7 Luxury Apartment Community Sold For $34.7 Million 100-Home Route 7 Luxury Apartment Community Sold For $34.7 Million
100-Home Route 7 Luxury Apartment Community Sold For $34.7 Million The Avalon apartments in Wilton's town center have been sold for $34.7 million.  Real estate company CBRE announced that the hundred-unit apartment complex was sold by owner AvalonBay Communities to Clarion Partners on Monday, Dec. 21. The complex includes a fitness center, a heated pool, BBQ grills and a playground.  “We are delighted to have represented AvalonBay in the sale of Avalon Wilton,” said CBRE’s Jeff Dunne. “The property’s highly desirable location is in the affluent town of Wilton which boasts one of the top-rated public school systems in Connecticut. With extremely h…

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by Christina Coulter
New City, NY
Schools
Community Concerns Over Proposed Nyack College Sale Addressed By Day, Local Mayors Community Concerns Over Proposed Nyack College Sale Addressed By Day, Local Mayors
Community Concerns Over Proposed Nyack College Sale Addressed By Day, Local Mayors Various Rockland County officials discussed the details surrounding the proposed sale of Nyack College campus during a meeting held Friday, Dec. 7 at County Executive Ed Day’s office. In attendance were the Supervisors from the Town of Clarkstown and the Town or Orangetown. Mayors of Nyack and South Nyack were also present, as was the Rockland County Planning Department, representatives from Nyack College and CBRE, the college’s commercial real estate firm. The purpose of the meeting was to address concerns surrounding the approach and development of the campus. “While we all regret the de…

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by Valerie Musson
Pelham, NY
Real Estate
Sold! Office Complex Goes For $55M In Westchester Sold! Office Complex Goes For $55M In Westchester
Sold! Office Complex Goes For $55M In Westchester A six-building office complex formerly known as Reckson Executive Park has been sold for $55 million, according to CBRE commercial real estate firm that brokered the deal. The property at 2 and 3 International Drive in Rye Brook, near King Street and New York's border with Connecticut was purchased by George Comfort & Sons.  Manhattan-based George Comfort & Sons acquired the 563,596-square-foot office complex in a joint venture with a fund managed by DRA Advisors. The complex was owned by SL Green, which announced in April the impending sale of the property. "The tightening o…

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by Jon Craig
Harrison, NY
Real Estate
Sold! Two Platinum Mile Buildings Go For $14.75M In Westchester Sold! Two Platinum Mile Buildings Go For $14.75M In Westchester
Sold! Two Platinum Mile Buildings Go For $14.75M In Westchester A commercial landlord has expanded his influence along Westchester's "Platinum Mile" with a $14.75 million purchase. Robert Weisz, founder and CEO of RPW Group of Rye Brook, said his company bought two Class A office buildings at 925-1025 Westchester Ave. on the border of West Harrison and White Plains. The purchase of the 192,711-square-foot property was announced by CBRE, a commercial real estate company that brokered the deal along with Ten-X.  The complex, formerly owned by Normandy Real Estate Partners, sits on 11.7 acres near the I-287/Hutchinson River Parkway interchange. …

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by Daily Voice