New Jersey
NJ Office Rebounds “Nicely” from Lackluster Q1
New Jersey’s office sector market rebounded in the second quarter from a lackluster Q1, according to CBRE. Leasing velocity was… Read more
Prologis Completes 16 BTS Developments H1 2018, Starts Another 14
San Francisco-based Prologis, Inc. completed 16 build-to-suit development projects in the first half of 2018, totaling nearly 6.3 million square feet with… Read more
Kid-Friendly Tenant Roster a First for Morris County Retail
HUDSON’s Jason Gerbsman and Jillian Roe are marketing the last 12,000 square feet of available space at Denville Commons, a… Read more
CBRE Reports Prime Logistics Rents Accelerate Globally
Prime logistics rents increased globally in the year ending March 31, according to a new report from Los Angeles-based CBRE. Growth accelerated… Read more
Colony Claims 1.1M-SF Industrial Portfolio in NJ, MD, TX
Dallas-based Colony Industrial acquired a portfolio of properties in Northern NJ, and added new properties in Baltimore, MD and San… Read more
JLL Arranges 4 Leases for One Newark’s New Owners
JLL has arranged four new leases on behalf of Beijing Ideal Group, owner of One Newark Center in downtown Newark… Read more
Industrial: Flood of Capital, Big Portfolio Deals & Hot Markets
Industrial real estate remains a hot product type for both occupiers and investors. Connect Media asked Colliers International’s Michael Kendall… Read more
RXR MXU in Yonkers Lands Gym as First Retail Tenant
RXR Realty’s Larkin Plaza mixed-use development in Yonkers has landed its first major deal with a 15-year, 16,000-square-foot lease for… Read more
CBRE’s Monahan Named Vice Chairman Based on Deal Volume
CBRE’s Thomas Monahan has joined the ranks of the firm’s top producers with the title of vice chairman. The firm’s… Read more
Insurer Writes $47M Refi for Metro Self Storage
Talonvest Capital, a mortgage brokerage firm specializing in the self-storage sector, recently negotiated a $47.4-million refinance-bridge loan secured by seven… Read more
Leasing Momentum Continues at Florham Park Office Campus
Colliers International NJ, leasing agent for the two-building Florham Park Corporate Center in Florham Park, NJ, has secured new leases… Read more
Bentall Kennedy Buys NJ Retail in Up-and-Coming Neighborhood
Bentall Kennedy’s U.S. Core Fund has acquired Kearny Square, a 138,895-square-foot retail center in Kearny, NJ, from the original developer.… Read more
Cuomo Signs Bill Advancing LaGuardia AirTrain Project
Governor Andrew Cuomo has signed legislation that will advance the process to build a new AirTrain connection to LaGuardia Airport.… Read more
How Many People Made Millions Selling Homes?
Real estate is considered to be a relatively safe bet for investments when compared to the stock market, but how… Read more
10 Hospitals Investing in Facility Upgrades, Expansions
Hospitals and healthcare systems across the United States are actively improving their existing facilities though upgrades and expansions, and building… Read more
Central NJ Industrial Trades in Off-Market Deal
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Jersey Shore University Medical Center Opens $265M HOPE Tower
Hackensack Meridian Health Jersey Shore University Medical Center opened HOPE Tower, a 10-story, 300,000-square-foot facility in Neptune, NJ. The $265-million state-of-the-art facility,… Read more
CushWake Tapped to Lease Up 3.3M-SF South Jersey Industrial Park
Connect Industrial is coming up on July 11 in Chicago. Here’s a link for more information about the conference and… Read more
Rudin Steps Down as Mack-Cali Vice Chairman
Mack-Cali Realty Corporation said Vice Chairman Mitchell Rudin (pictured) had departed the company to pursue other opportunities. Rudin came aboard… Read more