New Jersey
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
Jaguar Land Rover Rolls Out $30M HQ in NJ
Jaguar Land Rover North America opened a $30-million North American headquarters facility in Mahwah, NJ. The state-of-the-art 144,000-square-foot HQ for… Read more
Record $180M MF Deal Completed in St. Louis
Berkadia completed the sale and financing of a six-property portfolio located in St. Louis County, MO. The 2,000-unit, garden-style portfolio… Read more
Duke Picks up 3.1M-SF Industrial Portfolio Along NJ’s I-95 Corridor
Duke Realty completed a 3.1-million-square-foot industrial property acquisition comprised of six newly constructed buildings and two land sites for future… Read more
Silverman Taps CushWake for Addison Leasing Job
The Silverman Group has selected Cushman & Wakefield’s Britt Casey and Jeff Matella to market 350 S. Church St. in… Read more
JLL Hires Christopher DeLorenzo in NJ
JLL has hired Christopher DeLorenzo as an EVP with its New Jersey brokerage operations. The 25-year industry veteran was most… Read more
Demand Spikes for Region’s Data Centers
The New York tri-state data center market posted nearly five megawatts of net absorption in the second half of 2017.… Read more
New Jersey Spec Office Development Set to Commence
Toll Brothers City Living plans to break ground this summer on a 12-story office building at 1000 Maxwell Lane in… Read more
Congress Passes $1.3-Trillion Spending Bill, Funds Government Through September
A $1.3-trillion spending bill was passed by both the House and Senate, which will fund the government through September. President… Read more
Transwestern to Lease Up Toll Brothers’ Spec Office in Hoboken
Transwestern will provide leasing services for 125,000 square feet of speculative office space at Toll Brothers’ 1000 Maxwell Lane, the… Read more
NJ Governor Proposes 4M-SF Incubator Hub
New Jersey Gov. Phil Murphy has unveiled plans to build the Hub, a four-million-square-foot research and start-up incubation center on… Read more