New Jersey
Spirit Bascomb Nabs Hoboken Apts. in “Irreplaceable Location”
Spirit Bascomb Ventures, a partnership between the Bascomb Group and Spirit Investment Partners, has turned to Hoboken, NJ, acquiring Columbus… Read more
Pharma Firm Signs NJ’s Biggest Office Lease of 2018
Pharmaceutical firm Teva has leased 345,000 square feet at P3 Properties’ MCCBLUE, a 541,000-square-foot office complex formerly known as Morris… Read more
Toys ‘R’ Us Retains Raider Hill for 14.5M-SF Portfolio Disposition
Toys ‘R’ Us, Inc.’s subsidiary, Toys”R”Us Property Company I, LLC, retained New York-based Raider Hill Advisors to dispose of roughly… Read more
Paul Massey-Led B6 Signs Up for Sixth Avenue HQ
B6 Real Estate Advisors, the newly-launched investment sales and capital advisory firm led by Paul Massey, has established 1040 Ave.… Read more
SJP Launches Third-Party Development and Construction Management
SJP Properties, headquartered in Parsippany, NJ and New York City, has formed SJP Project Solutions, a division of SJP that… Read more
Parking Garage in Prime Newark Location Changes Hands
Edison Properties has acquired a 357-space garage in Newark from Lincoln Equities Group and Welcome Parking in a $7.65-million deal… Read more
Leasing Specialist Joins CushWake’s NJ Retail Team
Retail leasing specialist Alana Friedman has joined Cushman & Wakefield as a senior associate based in East Rutherford, NJ. With… Read more
Mass Transit Drives Rent Growth in Major US Metros
The national average rent in transit-accessible office buildings was 65% higher than the average market rent in early 2018, according… Read more
Kislak Markets 4-Building Apt. Portfolio in Newark
The Kislak Company has been named the exclusive sales agent for an 81-unit multifamily portfolio in North Newark, NJ. The… Read more
CRE at the Intersection of Industrial and Retail
“It is not simply the Amazon-ization of commerce that is causing shifts: shifts in building, shifts in transportation,” said moderator… Read more
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