News + Press

Novaya Foxfield Buys 20 Acres of Land in Elizabethtown, PA to Develop 200,000 SF of Class A Industrial Space 831 553 Novaya Ventures

Novaya Foxfield Buys 20 Acres of Land in Elizabethtown, PA to Develop 200,000 SF of Class A Industrial Space

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…

HFF announces $23.58M acquisition financing for 4-building industrial portfolio near Philadelphia 800 534 Novaya Ventures

HFF announces $23.58M acquisition financing for 4-building industrial portfolio near Philadelphia

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)…

Foxfield Industrial Acquires 455,602 SF Warehouse in Northeast Atlanta 800 600 Novaya Ventures

Foxfield Industrial Acquires 455,602 SF Warehouse in Northeast Atlanta

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…

Foxfield Industrail Announces 500,000 SF of Leasing 796 310 Novaya Ventures

Foxfield Industrail Announces 500,000 SF of Leasing

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…

1.5 million s/f XMBLY development receives master plan approval 800 489 Novaya Ventures

1.5 million s/f XMBLY development receives master plan approval

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,…

Go inside Xmbly, Somerville’s next big mixed-use project 800 400 Novaya Ventures

Go inside Xmbly, Somerville’s next big mixed-use project

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…

NKF Capital Markets Brokers $11.55 Million Transaction of Blue Hills Medical Center to Novaya Real Estate Ventures 800 620 Novaya Ventures

NKF Capital Markets Brokers $11.55 Million Transaction of Blue Hills Medical Center to Novaya Real Estate Ventures

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…

Foxfield Industrial Acquires 3-Building Portfolio in Logan Township, NJ 507 379 Novaya Ventures

Foxfield Industrial Acquires 3-Building Portfolio in Logan Township, NJ

Logan Township, NJ – April 6, 2018 – Novaya Foxfield Industrial LLC (Foxfield) announces the acquisition of a three-building light industrial portfolio, totaling 193,000 SF, for $8,500,000. The buildings are located at 603 Heron Drive, 614 Heron Drive, and 1 Killdeer Court and within the Pureland master-planned industrial park. The portfolio features suites ranging from…

JLL Completes Sale of High Bay Distribution Portfolio 800 455 Novaya Ventures

JLL Completes Sale of High Bay Distribution Portfolio

Boston, MA – March 15, 2018 – As Greater Boston’s industrial fundamentals continue to strengthen to unprecedented levels, interest from institutional capital community has remained strong and attracted “new to market” investors. JLL’s Capital Markets experts recently announced the firm completed the sale of a pair of first-class distribution centers on behalf of Boston-based Novaya Real…