New Jersey
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
Duke Inks Full-Building Lease in Exit 8A Submarket
Duke Realty has signed a long-term, full-building lease with RAB Lighting at 10 Broadway Rd. in Cranbury, NJ. The newly-developed,… Read more
NJ Seniors Housing Redevelopment Delivered
Middlesex County and Pennrose opened The Residence at Roosevelt Park, an 84-unit independent living community for senior citizens in Edison,… Read more
CenterPointe Portfolio in Bridgewater Sells to Signature Acquisitions
The four-building, 331,354-square-foot CenterPointe Portfolio in Bridgewater, NJ has changed hands from American Real Estate Partners to Signature Acquisitions. Deal… Read more
CushWake Arranges Trade of Office/Flex Complex in Monmouth County
A Cushman & Wakefield team represented Mack-Cali Realty Corp. in the sale of Monmouth Shores Corporate Park, a 400,000-square-foot, eight-building… Read more
Monmouth Snags Medical Device BTS Facility in Daytona
Freehold, NJ-based Monmouth Real Estate Investment Corporation acquired a new 399,440-square foot industrial building in Daytona Beach, FL for $31 million.… Read more
NJ Industrial Shows No Signs of a Letup
Industrial vacancy in Northern and Central New Jersey dropped another 20 basis points to end the first quarter at 3.6%,… Read more
Gramercy Completes $537M Portfolio Transaction
New York-based Gramercy Property Trust completed the acquisition of four of the assets identified in the initial portfolio transaction for… Read more
Kushner Cos. Snaps Up Hackensack Apartments
Kushner Companies has acquired Prospect Place, a two-building, 360-unit multifamily complex in Hackensack, NJ. Seller and sale price weren’t divulged… Read more
Colliers Adds to Platform with Coldwell Banker Commercial Advisors Deal
The operations of Coldwell Banker Commercial Advisors have been acquired by Colliers International and First Capital in two separate transactions.… Read more
Most US Warehouses Inadequate for E-Commerce Distribution
Momentum for additional construction of U.S. warehouses is not likely to wane, because the vast majority of the country’s warehouse… Read more