Crossroads Companies LLC has been tapped to serve as leasing agent and property manager of Veterans Square Shopping Center, a 144,400-sq.-ft. shopping center located on New York Avenue in Lyndhurst, N.J.
Savills LLC, with North American headquarters in New York, has advised Deka Immobilien of Germany on its disposition of the Deka Special Fund’s two-building industrial property in Cranbury, N.J. to Indianapolis, Ind.-based Duke Realty in an off-market transaction in which the price was not disclosed.
Prism Capital Partners LLC, along with Angelo, Gordon & Co., have teamed up for the acquisition of Princeton Pike Corporate Center, an eight-building, class-A office park in Lawrenceville, N.J., for $121 million from Brandywine Realty Trust.
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?