News + Press

AUGUST 15, 2019 – Novaya Real Estate Ventures announces the lease of approximately 119,000 SF of industrial space to BAE systems in Hudson, NH.  BAE Systems will relocate from Merrimack, NH.  The property, located at 36 Executive Drive in Hudson, NH, features 32’ clear height, 40×40 column spacing, and ample loading and trailer parking.  There…

August 7, 2019 – Novaya Foxfield Industrial (NFI), the Mid-Atlantic industrial arm of Novaya Real Estate Ventures, purchased 20 acres of land on Zeager Road in the Conwego Industrial Park.   NFI is currently under construction, developing two industrial warehouses totaling 200,000 SF.  The buildings will boast state of the art concrete panel construction, 32’ clear…

PHILADELPHIA, PA – December 19, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $23.58 million financing for Eddystone Industrial Park, a four-building industrial park totaling 465,680 square feet in the Philadelphia-area community of Eddystone, Pennsylvania. The HFF debt team worked on behalf of Foxfield Industrial, a joint venture between Novaya Real Estate Ventures (Novaya)…

October 19, 2018 – Novaya Foxfield Industrial LLC (Foxfield) announces its first acquisition in the Southeastern United States: a 455,602 SF high-bay warehouse for $16,320,000. The building is located at 1001 Cherry Drive, Braselton, GA on 30.5 acres, and features high profile visibility from I-85 as well as immediate access to the interstate via exit…

October 17, 2017 – Novaya Foxfield Industrial LLC (Foxfield) had a busy summer of leasing, completing the following new leases, renewals and relocations totaling over 500,000 square feet: AmeriPac, Inc. signed a new 178,600 SF lease at 4500 Westport Drive, Mechanicsburg, PA. Ameripac’s commitment to this industrial facility and the greater Harrisburg industrial market illustrates…

Somerville, MA  The Somerville Planning Board gave unanimous approval to XMBLY, a 1.5 million s/f mixed-use development in the Assembly Sq. neighborhood. XMBLY has been designed to create destination office/lab space in a neighborhood that has become known primarily for retail and residential uses. The mixed-use plan also calls for an additional 489 units of residential,…

Somerville, MA – May 15, 2018  – A joint venture of Cresset Development and Novaya Real Estate Ventures on Tuesday will pitch its 1.5 million-square-foot mixed-use project in Somerville, dubbed “Xmbly,” to the city’s planning board. Xmbly is planned on a 9.4-acre parcel between Interstate 93 and the Assembly Row and Assembly Square developments owned…

Boston, MA – May 1, 2018 – NKF Capital Markets has completed the sale of Blue Hills Medical Center in Braintree, Massachusetts to Novaya Real Estate Ventures for $11.55 million. On behalf of Jumbo Capital Management, NKF Capital Markets Executive Managing Director Frank Nelson and Managing Director Michael Greeley of the Boston office, which is…