M id A tlantic Real Estate Journal — Owners, Developers & Managers — February 28 - March 12, 2020 — 5B
www.marej.com
O wners , D evelopers &M anagers MadisonApartment Groupwill manage the community Equus Capital Partners acquires 232-unit multifamily G
Prime Property for Lease in Southern New Jersey
reensboro, NC — Equus Capital Part- ners, Ltd. (Equus) announced that an affiliate has acquired The Reserve at Bridford, a 232-unit garden- style multi-family community located in Greensboro. The ac- quisition was made on behalf of Equus Investment Partner- ship XI, L.P. (Fund XI) , a fully discretionary $382 million value-add equity fund managed by Equus. Madison Apart- ment Group, L.P. (Madison) , the multi-family operating arm of Equus, will manage the com- munity. “We are excited to expand our multi-family platform into the Greensboro market,” said Pete Naccarato , acquisitions manager of Equus who, along with Nicoletta DeSimone , acquisitions manager, oversaw the acquisition for the firm. Over the communing months, Equus will invest $2.5 million to improve the community in- cluding enhancements to unit interiors, property exteriors, and on-site amenity offerings. John Munroe of Newmark Knight Frank’s Raleigh-Dur- ham office represented the C-K Control Temp hires Schetelich as controls engineer systems integrator GREEN BROOK, NJ — C-K Control Temp, Inc. , one of the leading mechanical Schetelich as controls en- gineer systems integrator. Schetelich will be responsible for servicing the BMS sys- tems of both new and existing customers. Schetelich brings to C-K Control Temp over 10 years of experience in the mechani- cal engineering field. Prior to joining the C-K Control Temp team, he served as sales en- gineer at Universal Supply Group, where he designed and programmed building management systems using Niagara AX and N4 as well as managed ongoing projects from commissioning through completion. Matt Schetelich installation and service compani es in the re - gion and a division of B R A V O ! Group Ser- vices , has hired Matt
130 MOUNT HOLLY BYPASS LUMBERTON, NJ 08048 WAREHOUSE SPACE FOR LEASE
Modern 38,852 sf warehouse lease opportunity featuring 24’+ clr ht, ESFR sprinkler, T-5 lights with motion sensors, 600 amp electric, skylights, 8 tailgates and 3 drive-ins, and well-appointed office area. Located at Burlington County Business Center, and within several miles of NJ Turnpike Exit 5 and Exit 40 of I-295.
The Reserve at Bridfor
seller in the transaction. New- mark Knight Frank’s Debt and Structured Equity teams in Tampa (Matt Williams and James Maynard) and
Charlotte (JoshDavis, Chris Caison, C.J. Webb , and Pat- rick Szyperski) collaborated to secure acquisition financing on behalf of the buyer.
856-764-2600 | www.whitesellco.com | Commercial Office & Industrial Real Estate Proudly Serving Southern New Jersey for Over 60 Years
P o s k a n z e r S k o t t A r c h i t e c t s 550 North Maple Avenue, Ridgewood, NJ 07450 201.445.2322 www.poskanzerskott.com
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