New Jersey
Meridian Secures Construction Financing for Luxury Multifamily in Somerville
Meridian Capital Group recently arranged $15 million in construction financing for The Davenport, a multifamily property in Somerville, NJ, on… Read more
Sanzari Retains FirstService Residential to Manage Apt. Portfolio
Having recently brought in third-party management for the first time at its signature Glenpointe mixed-use complex in Teaneck, NJ, Alfred… Read more
Namdar’s 15-Story Journal Square MXU Breaks Ground
Jersey City Mayor Steven M. Fulop joined representatives of Namdar Group last week to break ground on a 15-story mixed-use… Read more
Equity Residential Acquires NJ MF for $146M
New Jersey’s largest apartment sale so far this year has been completed. Equity Residential acquired The Rivington, a 240-unit, luxury… Read more
U.S. Retail Sector Continues to Weaken, E-Commerce Increases Market Share, Drags Down Fundamentals
Ten-X Commercial released its latest U.S. Retail Market Outlook, including the top five ‘Buy’ and ‘Sell’ markets for retail real… Read more
HFF Lines Up Permanent Financing for Meadowlands Industrial
HFF has arranged the $36.72-million permanent financing from Allianz Real Estate of America for a newly constructed, two-building industrial facility… Read more
Lanidex Plaza Trades Hands in Parsippany, NJ
HFF handled the sale of Lanidex Plaza, a seven-building office complex totaling 335,060 square feet in Parsippany, NJ. HFF marketed… Read more
SJP/Aetna Realty JV Eye 2M-SF MXU on Westinghouse Site
SJP Properties has created a joint venture with Aetna Realty to redevelop the former Westinghouse property, adjacent to NJ Transit’s… Read more
ULI NNJ Will Explore Intersection of Food Sourcing and Real Estate
The historic 90 Acres Farm in Peapack-Gladstone, NJ will be the setting for the Urban Land Institute Northern New Jersey… Read more
Meridian Arranges $150M Financing for 10-Asset Mid-Atlantic MF Portfolio
Meridian Capital Group arranged $150 million for the refinance of the Mid-Atlantic Multifamily Portfolio on behalf of AION Partners. The… Read more
Sanzari Teams with JLL on Glenpointe Management, Leasing
Alfred Sanzari Enterprises is teaming up with JLL to provide property management and agency leasing for the 50-acre Glenpointe mixed-use… Read more
Vacant AT&T Campus May Get New Life as MXU
Although still in the early conceptual stages, a plan by New Jersey developer Somerset Development could do for the former… Read more
Prologis Acquiring DCT Industrial Trust for $8.4 Billion
San Francisco-based Prologis, Inc. is acquiring DCT Industrial Trust Inc. for $8.4 billion in a stock-for-stock transaction. The boards of… Read more
Konica Minolta Consolidates Operations in Twin Sale-Leasebacks
Cushman & Wakefield has arranged dual sale-leaseback transactions on behalf of Konica Minolta Business Solutions USA, enabling the consolidation of… Read more
JLL Completes 2 Office Sales, 1 Retail JV in Parsippany
JLL has sold a pair of office buildings at Waterview Corporate Center in Parsippany, NJ to two separate buyers on… Read more
NAI Hanson Leases Up Mahwah Spec Industrial for Sitex
A full-building industrial lease for 271,176 square feet has been brokered by NAI James E. Hanson at Sitex Group’s newly-built… Read more
Bergen Office Changes Hands from Onyx/Harrison to TAK/Bergman
Seven months after acquiring a four-building office portfolio from Mack-Cali in Bergen County’s biggest commercial property sale of 2017, Onyx… Read more
Eldorado, Tropicana, GLPI in $1.85B, Six-State, Seven-Casino Property Deal
Reno-based Eldorado Resorts, Inc. is acquiring Tropicana Entertainment Inc. in a cash transaction that is valued at $1.85 billion. Gaming… Read more
Kislak Finalizes Sale of Luxury Rentals in North Bergen
The Kislak Company closed the circle on a North Bergen, NJ development that began with a $3.6-million parcel sale that… Read more