NEW YORK – May 10, 2024 – JLL Capital Markets today announced it has arranged acquisition financing for At Colonie Center, a 243,389-square-foot retail destination located just off I-87 at 1425 Central Ave. in Albany, New York. JLL represented the borrower, New Jersey-based retail developer, owner...
Seritage Growth Properties is contracting its holdings in the Capital Region as it continues to get smaller. The real estate investment trust sold its portion of the Colonie Center in Albany to New Jersey-based Heidenberg Properties Group for $28 million, the Albany Business Review reported. The...
A large portion of Colonie Center that includes Whole Foods Market, Floor & Decor and the soon-to-open Sierra sold for $28 million. Heidenberg Properties Group of New Jersey, which owns more than 2.4 million-square-feet of retail properties from Vermont to Virginia, closed on the purchase April...
60,000 Square Feet of New Tenant Space Also Added Berlin, VT — April 27, 2023 — Heidenberg Properties Group has rebranded what was formerly the Berlin Mall as the Central Vermont Marketplace. The name change is a part of the property’s transition from a traditional mall...
Berlin, NJ — March 15, 2023 — JLL Capital Markets has closed the sale of Hauppauge Plaza, a 34,919-square-foot, community-focused retail center on Long Island in Hauppauge, NY. The sale price wasn’t disclosed. JLL’s Christopher Munley, Jim Galbally, Jose Cruz, Colin Behr, JB Bruno and Andrew...
Berlin, NJ — March 7, 2023 — Heidenberg Properties has sold Hershey Square, a 229,724-square-foot retail center located in Hummelstown. Weis anchors the property, which was built in 1994 and 98 percent occupied at the time of sale. Other tenants at the center include Planet...
Philadelphia, Pennsylvania — February 23, 2023 — JLL Capital Markets arranged the sale of the 64,163-square-foot Aramingo Plaza in Philadelphia, Pennsylvania. JLL Capital Markets announced today that it has closed the sale of Aramingo Plaza, a 64,163-square-foot, fully occupied, retail center in Philadelphia, Pennsylvania. JLL marketed the...
Mt. Pocono, PA — January 26, 2023 — JLL Capital Markets arranged the sale of the 195,735 square feet Mount Pocono Plaza located in Mt. Pocono, Monroe County, Pennsylvania. JLL Capital Markets announced today that it has closed the $17 million sale of Mount Pocono Plaza,...
Berlin, NJ — For the moment nearly 50,000 square feet of vacant retail space at one end of the Berlin Mall is all lobby and no hobby, but that should change in the coming months as work on a new Hobby Lobby finally begins. ...
Closter, NJ — We view our portfolio as integrated into its communities. As a result, we've been using our strategic locations to expand into uses that are not only desired by the local population ...