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....More
The Berger Organization, through 765 Broad Street Holdings, has acquired the title for 765 Broad Street in Newark, a 200,000-sq.-ft., seven-story office building located in the city’s central business district....More
Chambers Street Properties, based in Princeton, N.J., has signed a long-term lease renewal with Vital Records Control of South Carolina at its North Rhett III warehouse/distribution property in Charleston, S.C....More
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?