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Kelly Stratton

Articles by Kelly Stratton
Crossroads Companies Tapped as Leasing Agent, Property Manager for Veterans Square Shopping Center in Lyndhurst
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.
Jeffrey Siegel, ML7 Affiliate Receive $8.2M Loan for Princeton Mixed-use Property
Cushman & Wakefield has served as exclusive advisor to Jeffrey Siegel and an affiliate of ML7 in arranging an $8.2 million fixed-rate loan for 5-13 Witherspoon Street in Princeton, N.J.
Duke Realty Picks Up Cranbury, NJ Industrial Property in Off-market Deal
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.
Jack Pierson Studio Picks Up New Studio Space in Queens for $1.3M
Jack Pierson Studio has paid $1.3 million to acquire 16-13 Stephen Street in the Ridgewood section of Queens, N.Y., an, 8,800-sq.-ft. property that was the site of a former knitting mill.
Environmental Defense Fund Renews Lease at Gramercy Park Building for 10-Year Term
Environmental Defense Fund (EDF) has renewed its 44,010-sq.-ft. lease at 257 Park Ave. South, the Gramercy Park Building.
Mill Creek Residential Trust Plans Groundbreaking for New Morristown Multifamily Property
On Tuesday, May 21, Mill Creek Residential Trust will break ground on phase I of Latitude, a luxury multifamily apartment community located on Early Street in Morristown, N.J.
TG Acquisitions Picks Up Woodbridge Shopping Center for $6.3M
TG Acquisitions LLC has paid $6.3 million for the acquisition of a 74,618-sq.-ft. shopping center located at 755-789 St. Georges Ave. in Woodbridge, N.J.
Prism Capital Partners, Angelo, Gordon & Co. Team Up To Acquire Princeton Pike Corporate Center
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.
Shawmut Design and Construction Completes Kate Spade New York Flagship
Shawmut Design and Construction has completed the build-out 7,900 sq.ft. of space at 789 Madison Ave., which serves as the first flagship location for kate spade new york.
Orange Business Services Signs 17,000 SF Sublease in Midtown
Orange Business Services has signed a 17,000-sq.-ft. sublease at 10 East 40th Street in Midtown where it will occupy the entire 11th floor.
Lightstone Value Plus REIT Picks Up Two Baton Rouge Hotels for $15.6M
New York-based Lightstone Value Plus Real Estate Investment Trust Inc. has acquired two hotels, Courtyard by Marriott and Residence Inn by Marriott, in Baton Rouge, La. for $15.6 million.
NAIOP NJ Recognized Leaders, Top Deals at Annual Awards Gala
NAIOP New Jersey recently recognized commercial real estate’s leaders and top deals of the year at its recent annual awards gala.
Tishman Speyer Taps Cushman and Wakefield to Serve as Exclusive Leasing Agent for The Offices at MetroPark
Tishman Speyer has tapped Cushman and Wakefield Inc. to serve as exclusive leasing agent for The Offices at MetroPark, a 907,000-sq.-ft., three-building complex on 34 acres in Iselin, N.J.
South NJ Multi-Property Auction Slated for June 7, Previews Set for May 19 and 22
On June 7, Warner Real Estate and Auction Co. Inc. will host the South Jersey Multi-Property Spring Auction Event.
AIChE Signs Long-term HQs Lease on Wall Street
The American Institute of Chemical Engineers (AIChE) has signed a long-term, 16,506-sq.-ft. headquarters lease at 120 Wall Street.
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Total CMBS Issuance Volume

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?

 

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