The Most Comprehensive Source for Commercial Real Estate News in the Region 

New York, NY — Raven Property Advisors has hired Jared Sobel as principal of its newly launched Capital Markets division, bringing on a veteran multifamily finance advisor who has closed more 1,000 transactions. The new division will provide debt brokerage services and capital advisory for real estate owners and sponsors throughout the United States, delivering comprehensive financing solutions across the full capital stack. Together with Raven’s investment sales business, th

NEWPORT NEWS, VA — Drucker + Falk (DF) announced that Crystal Plum has accepted the role of chief financial officer and has joined the company as of March 16, 2026. Plum brings a background in financial leadership, most recently serving as chief financial officer of Wheeler Real Estate Investment Trust. In that capacity, she oversaw finance and accounting operations for a multi-entity real estate investment platform, led SEC reporting and compliance, managed complex capital s

Ramsey, NJ — CBRE has arranged a joint venture equity partnership for the purchase of Interstate Shopping Center, a 348,763 s/f grocery and pharmacy-anchored shopping center in Ramsey. New Jersey-based Crossroads Companies partnered with Wafra, a global investment manager based in New York, on the transaction. Chris Munley, Colin Behr, David Gavin, Ryan Sciullo and Casey Benson Smith of CBRE’s National Retail Partners team arranged the partnership on behalf of Crossroads Comp

Avanzato, Todd & Ericksen represent buyer, Ridgecut Road in transaction South Plainfield, NJ — NAI James E. Hanson, one of the largest New Jersey-based full-service independent commercial real estate firms, negotiated the $37 million sale of a 7.81-acre industrial outdoor storage (IOS) site with two buildings totaling 30,069 s/f, located at 200 St. Nicholas Ave. in South Plainfield. Senior managing directors Jordan Avanzato, SIOR, and Christopher Todd, SIOR, and managing dire

Azarian Realty Co. is excited to announce its newest signed lease with Dupï Studio at The Livingston Town Center located in Livingston, NJ. The Livingston Town Center is a two-story shopping center consisting of 29 tenant spaces that range from 600  s/f to 5,000  s/f. Dupï Studio will be taking over a 667 s/f space on the first floor. Dupï Studio is a Korean spa specializing in premium and holistic head and scalp treatments. Dupï’s founder, Christina, a licensed esthetician,

Linthicum Heights, MD — SRS Real Estate Partners announced the lease-up of a 10,576 s/f, ground-up retail center at 1709–1713 W. Nursery Rd. in Linthicum Heights, Maryland, highlighting continued retailer demand for sites surrounding Baltimore/Washington International Thurgood Marshall Airport (BWI). The development, owned by a Washington, D.C.-based private investor/developer, is now fully leased to Paris Baguette, Buffalo Wild Wings GO, Sardi’s Peruvian Chicken, Tropical Sm

OCEAN CITY, MD — The McClellan Team with SVN | Miller Commercial Real Estate announced the completion of the sale of 21 acres of land underlying Outlets Ocean City, a property subject to a long-term ground lease with leasehold improvements consisting of the well-known outdoor shopping center. The McClellan Team (comprised of John McClellan, Kelly Jeter, and Chris Messick) facilitated a transaction involving detailed financial analysis, coordination among multiple stakeholders