A — April 27 - May 10, 2012 — Mid Atlantic Real Estate Journal

www.marejournal.com M id A tlantic R eal E state J ournal Held an open house at Springside Plaza The Emory Hill Companies to partner with Springside


EW CASTLE, DE — The Emory Hill Com- panies will be partner-

ing with Springside LLC as an investor and will handle the office complex’s real estate needs including leasing and development. NAI Emory Hill held an open house at Springside Plaza to reveal its plans for the office complex which is approved for up to 400,000 s/f of professional and medi- cal office space located on a 42-acre site on Rte. 40 just west of Rte. 896 and two miles from I-95. Springside Plaza currently has three buildings

Springside Plaza

with spaces for lease and two pad sites for the construc- tion of two 50,000 s/f build- ings that are ready to break ground. Major tenants at the site include Christiana Care Health Systems and Bifferato Gentilotti, P.A. “We are looking forward

to welcoming new tenants to add to the great mix of busi- ness clients that already call Springside Plaza home,” said Dr. Joseph Rule, chairman of the board of managers, “and we are pleased that Emory Hill is partnering with us to further develop the com- plex.” We selected them because of their regional expertise and local connections. They are the perfect partner to help us fill the needs of our existing and prospective tenants.” n High Associates’ Cass brokers 26,990 s/f lease Harrisburg, PA — FEI Cold Storage of Harrisburg has leased 26,990 s/f of freezer date expansion. Denise Cass of High Associates Ltd. repre- sented FEI Cold Storage. Vince Rinalli and Joe McDermott of CBRE represented KTR. n Hudson Realty Capital funds $4.36 million bridge loan SANTA MONICA, CA — Hudson Realty Capital LLC has funded a $4.36 mil- lion bridge loan involving a 14,612 s/f office building in the downtown district. “This transaction is a good example of a very experi- enced developer utilizing bridge capital to effectuate a business plan. Hudson was able to close with speed, surety of execution and pre- payment flexibility that is not available from conven- tional debt sources,” said Spencer Garfield, managing director. n Denise Cass war ehous e space at 3700 I ndu s t r i a l Road in the city of Har- risburg from KTR Ha r - risburg LLC of Delaware to accommo-

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