4A — March 13 - 26, 2015 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic R eal E state J ournal Prime location for warehousing company AMK USA NAI Hanson brokers lease for 39,309 s/f of industrial space
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dents Jeffrey DeMagistris, SIOR and Thomas Vetter, SIOR represented both the landlord and AMK USA in this transaction. “Our team worked to find an optimal solution for both the landlord the tenant,” DeMagis- tris said. “From the standpoint of location and features, this space meets all of AMK USA’s needs.” n Stracke Anderson elected ITRA Global Chairman Emeritus for 2015
OONACHIE, NJ — NAI Hanson , a New Jersey-based commer-
cial real estate firm, announced that AMK USA, an existing tenant in the building, has ex- panded and extended its lease to meet their customer’s needs. Located at 131 W. Commer- cial Ave. in Moonachie, NJ, this space sits minutes from Rtes. 17, 46 and 80 and offers easy access to I-95. The facility fea- tures ample office space, 21-foot ceilings, four loading docks, 36’ X 30’ column spacing and a wet sprinkler system. NAI Hanson senior vice presi- dent TomRyan and vice presi-
2010 and 2011, the first wom- an to hold the seat, during
TYSONS CORNER, VA — Debra Stracke Anderson , president and CEO of Sloan Street Advisors / ITRA Global , has been elected Chairman Emeritus for the board of directors of ITRA Global. Anderson served as Chairman of the Board for
which she led the organiza- tion through unprecedent- ed global ex- pansion. A n d e r - son founded Sloan Street Advisors in 2000 follow-
Sealed Bid AUCTION FORMER SALVAGE YARD ON 17+-ACRES W/ CURRENT W. VIRGINIA SALVAGE LICENSE 474 WAUGH ROAD, BERKELEY SPRINGS, WV 25411 BIDS DUE FRIDAY, APRIL 10, 2015 BY 3PM
Debra Stracke Anderson
ing many years as an execu- tive with prominent commer- cial real estate companies. n State of the Market. . . the association predicted. Loan maturities vary sig- nificantly by investor group, reported the MBA. Just $11.5 billion (3%) of the outstand- ing balance of multifamily and health care mortgages held or guaranteed by Fannie Mae, Freddie Mac, FHA and Gin- nie Mae will mature in 2015. Life insurance companies will see $19.4 billion (6%) of their outstanding mortgage balances mature in 2015. Among loans held in CMBS, $73.0 billion (12%) will come due in 2015. Among commercial mortgages held by credit companies and other investors, $17.1 billion (12%) will mature in 2015. “After hitting a low last year, commercial and multifamily mortgage maturities are be- ginning to rise as the ten-year loans made in 2005, 2006 and 2007 come due,” said Woodwell, in a statement. “With strong market conditions, many of the loans slated to mature in coming years are already refi- nancing. Over the last year, the balance of loans set to mature in 2015 fell by $37 billion, or 24%.” While we can expect to see more transactions in 2015, there is still a certain level of uncertainty in the market and now is the time for borrower’s to lock in today’s low rates with a seasoned mortgage profes- sional. Mark Scott is principal of Commercial Mortgage Capital. n continued from page 2A
TREMENDOUS OPPORTUNITY! 17+- ACRES w/ several large metal & concrete buildings, Office trailer w/ heat; Garage w/ hoist and lift. No inventory of cars & parts; WEST VIRGINIA SALVAGE LICENSE IN PLACE AND TRANSFERABLE ; Property offered in 3 tracts, combination(s) of tracts, & whole; Tract 1: 13.75+-Acres; Tract 2: 3.67+-Acres; Tract 3: 0.65+- Acres. Rep on Site: Fri, March 20, 2015: 1-3PM & by appointment; 717-597-9100/304-671-9000; Matthew Hurley- WV1830; Jay Lawyer WV2158A; AuctionZipID1023; WWW.HURLEYAUCTIONS.COM
Directions: Off Rt. 522 in Berkeley Springs, turn onto Johnson’s Mill Road. Continue approx. 1.5 miles, make right on toWaugh Road. Look for HurleyAuction signs!
WWW.HURLEYAUCTIONS.COM
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