Mid Atlantic Real Estate Journal

Reflecting strong investor demand for suburban South Jersey multifamily Blackwood, NJ — Ivanhoe Apartments, a 33-unit multifamily community consisting entirely of one-bedroom units and located in Blackwood, New Jersey, has been successfully sold for $4.5 million, or $136,364 per unit. The transaction was exclusively brokered by Adam Zweibel, President of Hudson Atlantic Realty.

By Dwight Kay, Kay Properties and the Kay Properties Team Over the last three to four decades, many successful real estate developers, sponsors, syndicators and operators have built substantial portfolios of commercial real estate using high-net-worth investor capital. Through careful acquisitions, development expertise, market appreciation and operational oversight, these sponsors have amassed portfolios worth tens or even hundreds of millions of dollars.

MAREJ 39 minutes ago 1 min read LANCASTER, PA — ROCK Commercial Real Estate, an industry leader in South Central Pennsylvania, announced the sale of 3045 Marietta Ave. in Lancaster for $1.5 million. The 15,710 s/f, three-story primary care facility was purchased with the intent to convert to 16 single-use occupancy units of affordable housing.

MAREJ 5 minutes ago 1 min read MECHANICSVILLE, VA — Marcus & Millichap announced the sale of Stonewall Square, a fully occupied retail center in Mechanicsville, VA, a suburb of Richmond. The asset sold for $3.75 million. Chase Hensen, Dean Zang and David Crotts of Marcus & Millichap marketed the property on behalf of the seller. Stonewall Square is located at 6300 Mechanicsville Tpke. The 15,922 s/f retail center sits on a 2.13-acre lot and was built in 2008.

Limited new supply, pricing clarity, and selective demand shape regional market conditions Marlton, NJ — Wolf Commercial Real Estate (WCRE) has released its Q2 2026 Regional Market Report, providing a comprehensive analysis of commercial real estate conditions across Southern New Jersey, Philadelphia, Northern New Jersey, and the New York Metro markets.

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Leasing momentum accelerates across Chesterbrook office park Wayne, PA — Rubenstein Partners, L.P. (including its affiliates, “Rubenstein” announced that BNY has signed a long-term, 42,000 s/f lease at 965 Chesterbrook Blvd., part of the Chesterbrook office park in Wayne. The lease will occupy the entire second floor of the three-story building and will serve as a regional southeast Pennsylvania office for the global financial services platforms company.

Art Campbell and Jessica Gasper represent the sellers of 313 W. Shady Lane LEMOYNE, PA — The eight-building complex at 313 W. Shady Lane includes 13 apartment units and 32 townhouses. The property sold for $6,675,000. Located adjacent to East Pennsboro High School, the complex was built in multiple phases beginning in 1985. The final phase, completed in 2005 by the previous owners, added 10 three-story, three-bedroom townhouses. The sale also included the adjoining 1.5-acre parcel at 325 W. Shady Lane.

Investment augments Lehigh Valley healthcare infrastructure New Eastwood Administrator Jenelle Behmlander (center) cuts the ribbon marking the center’s grand reopening, joined by leadership from the skilled nursing facility and Marquis Health Consulting Services, and VIP guests. EASTON, PA — New Eastwood Rehab & Healthcare Center in Easton marked the completion of a comprehensive modernization with a Grand Reopening in June.

Building 16 expands Philadelphia campus while preserving a historic industrial structure Philadelphia, PA — For more than two decades, Blue Rock Construction has played a key role in Urban Outfitters, Inc.’s transformation at the Philadelphia Navy Yard.