New Jersey
Q&A: AEI’s Karla Smith: Breathing New Life into Cities
Connect Media asked AEI Consultants’ Karla Smith, an Executive Vice President and Division Lead for the San Francisco-based company’s Site… Read more
$15M for NJ Last-Mile Industrial
Greek Development paid $15 million for two industrial buildings at 400 and 500 Apgar Dr. in New Jersey’s Franklin Township.… Read more
Heitman Acquires Multistate, 1.4M-SF MOB Portfolio
Chicago-based Heitman LLC acquired a 1.4-million-square-foot medical office portfolio comprised of 17 buildings in seven states on behalf of an… Read more
Manufacturer Leases 61K-SF of Flex Space in Parsippany, NJ
John Guest USA, a plumbing and industrial products manufacturer, has leased 60,600 square feet at 20 E. Halsey Rd., an… Read more
Bayonne’s Mayor James Davis Celebrates New Development and Redevelopment
Harbor Pointe, a 544-unit luxury apartment community, has a newly-renovated clubhouse on the waterfront in Bayonne, NJ. Mayor James Davis… Read more
$52M Loan for Student Housing with “Short-Term” Issues
Greystar/PIMCO borrowed $52.05 million to acquire Rockoff Hall, a 674-bed, 186-unit student housing property at 290 George St. in downtown… Read more
500K-SF in Towers Made of Wood at Riverfront Square in Newark, NJ
Developer Lotus Equity Group will build a 500,000-square office complex out of wood — rising 11-stories over downtown Newark, NJ.… Read more
Tracking a Dozen Hospital Developments Bigger Than $300M
Healthcare-related development is booming. According to Dodge Research & Analytics, construction on healthcare facilities climbed 29% in December 2017 over… Read more
Kobeyaki Comes to Jersey City
Fast-casual Japanese chain Kobeyaki has opened a 1,706-square-foot restaurant at 525 Washington St. in Jersey City, NJ. “Kobeyaki’s expansion reflects… Read more
C&W Says Property Sales Boom to Continue for New Jersey Industrial
Investors will keep pouring money into industrial space in New Jersey through 2018, according to the East Rutherford-based investment sales… Read more
Leo Paytas Joins NKF
Leo Paytas, a 30-year commercial real estate industry veteran, has joined NKF in its office in Rutherford, NJ, as a… Read more
Nicholas Hilton Leaves CBRE, Joins Mack-Cali
Nicholas Hilton has joined Mack-Cali Realty Corp. as executive vice president of leasing. “Nicholas, who we’ve had the opportunity to… Read more
Construction Supplier Takes 89K-SF in Edison, NJ
HD Supply Construction & Industrial has leased 89,000 square feet in Heller Industrial Park at 203 Mill Rd. in Edison,… Read more
Toys ‘R’ Us Initiates Liquidation Sales at 144 Stores
Liquidation sales commenced Wednesday at Toys R Us and Babies R Us stores as part of the retailers’ bankruptcy restructuring… Read more
Norse Holdings Refinanced Five Properties for $15M
Norse Holdings has refinanced five apartment properties with a total of $15.2 million from five Freddie Mac Small Balance Loans.… Read more
Sabert Corp. Launches 450K-SF Construction
Sabert Corp. officially began construction for a new manufacturing facility in Greenville, TX. The 450,000-square-foot facility is being built on… Read more
W20 Leases 25K SF at Park Avenue at Morris County
W2O, a leading marketing and communications firm, has leased 25,000-square-feet at Park Avenue at Morris County, an office complex at… Read more
$17M for “River Club” Development Site in Bogota, NJ
Jonathan Stein of PCD Capital paid $17 million for a development site beside the Hackensack River at 238 W. Fort… Read more
3.6% Vacancy for New Jersey Industrial: Per JLL
Industrial space is now so hard to find in Northern and Central New Jersey, tenants looking for space often have… Read more