New Jersey
Renovated Ironbound Plaza Fully-Leased in Newark, NJ
Ironbound Plaza is fully-occupied, less than a year after new owners began a full restoration and renovation of the limestone… Read more
Amazon Reveals Contenders for $5B HQ2
The short list of cities still in the running for Amazon’s $5-billion HQ2 includes 20 metropolitan areas. The giant Seattle-based e-commerce… Read more
Rubenstein and Vision Buys Morris Corporate Center IV
A joint venture between Rubenstein Partners and Vision Real Estate Partners bought the Morris Corporate Center IV (MCC IV), located… Read more
Renovated Industrial Fully Occupied at 340 S. Stiles St.
The newly-renovated industrial complex at 340 S. Stiles St. in Linden, NJ, is now fully-occupied. “With the shortage of attractive,… Read more
Five Years of Positive Absorption for New Jersey Office: Transwestern
Despite a slight setback in fourth quarter 2017, New Jersey’s office market recorded positive net absorption for the fifth consecutive… Read more
Kennedy Medical Center Fully-Occupied in Union City, NJ
Kennedy Medical Center in Union City, NJ, is now nearly 100%-occupied, thanks to two new leases for medical office space.… Read more
Investment Manager Provides $40M Loan to Brookchester Apartments
Bal Bay Realty has borrowed $40 million from Voya Investment Management to refinance Brookchester Apartments, a property with 752 garden… Read more
A List of Cities’ Outrageous Amazon HQ Bids
In September, Amazon announced its plans to build a second headquarters in a to-be-determined city. After releasing their statement, 238… Read more
Devli Buys an Opportunity to Build at 150 Mt. Bethel Rd.
Devli Group bought a flex industrial property with excess developable land at 150 Mt. Bethel Rd. in Warren, NJ. “Today’s… Read more
Prices Jump for Industrial Development Sites
Developers are paying more than they have ever paid before for land where they can build new warehouses and distribution… Read more
Warehouse Construction Surge Lifts Industrial Land Prices
The e-commerce-fueled surge in development of warehouses and distribution centers has generated double-digit, year-over-year percentage increases in prices for industrial… Read more
College Suites at Brockport Bought by EMET Capital Management
EMET Capital Management bought College Suites at Brockport, a community with 114 student housing apartments (or 401 beds) serving The… Read more
Renovation at Oakland Rehabilitation and Healthcare Center Gets Five Stars
A successful, $3.5-million renovation of the Oakland Rehabilitation and Healthcare Center, in Oakland, NJ, earned five-star ratings from both U.S.… Read more
Logistics Firm Takes 400K SF at Dermody’s NJ Industrial Park
Reno, NV-based Dermody Properties leased 401,008 square feet to Kenco Logistics at LogistiCenter at Logan industrial park in Logan Township,… Read more
Mapletree Picks Up 14-Property Data Center Portfolio for $750M
Tampa-based Carter Validus Mission Critical REIT, Inc. sold a 14-property data center portfolio for $750 million to an affiliate of… Read more
$257K-Per-Apartment for The Wescott in Stamford, CT
A private New Jersey-based investment group paid $67 million for The Wescott, a 261-unit apartment community in Stamford, CT. That… Read more
P3 Buys Morris Corporate Center III in Parsippany, NJ
P3 Properties bought Morris Corporate Center III (MCIII), a 541,466-square-foot office park at 400 Interpace Parkway in Parsippany, NJ, from… Read more
Renovation Planned for 33 Washington St. in Newark, NJ
Berger Organization is planning extensive renovations for 33 Washington St., a 450,000-square-foot office tower in Newark, NJ. “The demand for… Read moreWomen in Real Estate Honoree: Kimberly Brennan, Colliers International
When Kimberly Brennan joined Colliers International in 2015, she immediately introduced a new, mentorship and training program for brokers with… Read more