Jersey City
Adjacent Jersey City Multifamily Properties Trade for $221.5M
A CBRE team of Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer, and Daniel Blumenkrantz closed the sale of Lenox… Read more
HIV Nonprofit Inks 29K-SF Life Science Space in Jersey City
IAVI, a nonprofit focusing on vaccines and antibodies for HIV, tuberculosis, and emerging infectious diseases, signed a 29,782-square-foot lease at… Read more
West Side Square Development Fund Lands $169M for NJ Development
The West Side Square Development Fund has reached a loan agreement of $169.3 million through its nominee entity, Avenir West… Read more
Veris Pulls Back Stock Offering to Acquire NJ Resi
Multifamily developer Veris Residential has canceled a stock offering intended to fund the acquisition of a 348-unit residential property. The… Read more
NAIOP NJ Gala Unveils Deal of the Year
NAIOP New Jersey’s 37th Annual Commercial Real Estate Awards Gala recognized industry leaders and impactful transactions shaping New Jersey’s real… Read more
Krispy Kreme Doughnuts to Open Jersey Shore Location
JLL has secured a lease with Krispy Kreme for a 4,000-square-foot factory store at Town & Country Shopping Center in… Read more
LeFrak Secures 27K SF of Retail Leases in Jersey City
LeFrak, a real estate developer, has secured eight new retail leases totaling nearly 27,000 square feet in Newport, Jersey City’s… Read more
Jersey City Waterfront Dev Site Trades for $54M
107 Morgan St., a 1.73-acre multifamily development site in Jersey City’s Waterfront, has been sold for $54 million. JLL facilitated… Read more
KeyBank Secures $55M for NJ Affordable MF Property
KeyBank has secured $54.9 million in financing for Hudson Valley Property Group to refinance Grandview Terrace Apartments, a 283-unit affordable… Read more
Matthews Closes $14M Sale of The Journalist Apartment in NJ
Matthews Real Estate Investment Services completed the $13.7-million sale of The Journalist, a vacant 38-unit apartment building in Jersey City,… Read more
Tishman Speyer Buys Land Under NJ Resi Towers
Tishman Speyer has acquired the land for its mixed-use development in Jersey City, which will feature two towers at 50… Read more
HVPG Completes $71M Jersey City Project
Hudson Valley Property Group (HVPG) has completed a $71 million acquisition, preservation, and renovation project at Grandview Terrace Apartments, a… Read more
Goodman Buys Former Daily News Printing Plant
DN Property Company LLC, a collaboration between the New DN Company and Twenty Lake Holdings, has sold the historic Jersey… Read more
Upper Manhattan MXU’s Set for Bankruptcy Sales
Hilco Real Estate, LLC, has announced the bid deadlines for the Chapter 11 bankruptcy sales of two mixed-use developments in… Read more
365-Unit NJ Development Site Sold for $12M
The New Jersey office of IPRG has closed the $12.5 million sale of 212-230 Culver Avenue, a 1.3-acre site in… Read more
BofA Inks 550K-SF Office Lease in Jersey City
Bank of America has signed a 550,000-square-foot office lease at Newport Tower in Jersey City. Cushman & Wakefield’s Robert… Read more
C&W Arranges Four Leases Totaling 62K SF in Jersey City
Cushman & Wakefield has facilitated three new long-term leases and one lease renewal, totaling 62,131 square feet at 3 Second… Read more
SCALE Issues $243M for Two NJ Resi Developments
SCALE Lending, a division of Slate Property Group, recently secured two cross-collateralized loans totaling $243 million with Namdar Group for… Read more
Sustained Demand for NJ Class A Industrial Properties in Q4 ’22
Northern and Central New Jersey showcased a robust industrial sector with the highest quarterly new leasing activity in two years,… Read more