C&W completes $100m transaction cycle.The sale of Point View Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into in Wayne caps a series of significant New Jersey retail investment sales transactions--valued at more than $100 million--orchestrated by Cushman & Wakefield's Metropolitan Area Capital Markets Group. Cofinance, Inc., in a joint venture with an institutional client of Urdang Capital Management, recently purchased the 78,000 s/f neighborhood center from Berdan Associates. Point View Shopping Center, located on Berdan Avenue at the junction of Alps Road, is leased to 16 tenants. Tenants include Can Do health club, Outback Steakhouse Outback Steakhouse is a casual dining American restaurant chain based in Tampa, Florida with over 900 locations in 23 countries throughout North and South America, Europe, Asia, and Australia. , Hudson City
Hudson City, also known as The Pearl City, is a fictional setting located on the New Jersey coast in the United States. Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. and Century 21 Gemini Realty, among others. The Point View transaction closely follows the sale of Seaview Square Shopping Center in Ocean Township Ocean Township may refer to either of two settlements in New Jersey:
Last fall, the Metropolitan Area Capital Markets Group also negotiated Heritage Property Investment Trust, Inc.'s acquisition of the 235,995 s/f Old Bridge Gateway Shopping Center in Parlin. |
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