News: Outside The Region

B+E brokers Starbucks, PNC Bank, Walgreens and Arby’s property sales

B+E, the first brokerage and technology platform for net lease real estate, announced the sale of four major properties in four different states:

  • Starbucks located at 287 US 22, Green Brook, NJ. Sale amount: $1.725 million; Buyer: Private Equity located in NYC; Seller: Private Individual. - 1,750 s/f on 1.42 acres. 
  • PNC Bank located at 6290 Library Rd., Bethel Park, PA. Sale amount: $1.475 million; Buyer: Private Equity located in NYC; Seller: Private Individual. - 1,642 s/f on 0.87 Acres.
  • Walgreens located at 4768 Shore Dr., Virginia Beach, VA. Sale amount: $4.9 million; Buyer: Private Real Estate Investment Trust; Seller: Family Office.  - 14,560 s/f on 1.78 acres.
  • Arby’s located at 904 US 31W Bypass, Bowling Green, KY. Sale amount: $1.165 million; Buyer: REIT; Seller: Family Office. - 3,069 s/f on .66 acres
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Kasowitz gets dismissal of lawsuit against developer of American Dream Mall

East Rutherford, NJ Kasowitz, on behalf of the developer of the American Dream mall and its affiliates (the American Dream defendants), has secured the dismissal of state litigation brought by the project’s successor junior
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