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  • NJ Retail Centers Trade for $34M

    The two properties total 110,000 square feet and were sold to an affiliate of Urstadt Biddle Properties Inc. and The Klein Group LLC, in a transaction brokered by Gebroe-Hammer Associates.

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    Buchalter signed a 12,000-square-foot lease in downtown Sacramento, Calif. Scott Bennett of Colliers International negotiated the lease on behalf of the tenant, while Greg Levi of JLL represented the landlord, Tsakopoulos Investments.

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    The REIT engaged Eastdil Secured to arrange the financing for 712 Fifth Ave., a 52-story, 543,000-square-foot Class A office tower in the Plaza District.

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    JLL's Capital Markets team advised the company in the transaction, which included three downtown Boulder, Colo., buildings totaling more than 216,000 square feet.

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