News + Press

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…

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…

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…