New Jersey
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
Cushman & Wakefield Explains Impact of $1.5T Tax Reform Bill on CRE
The impact of proposed $1.5-trillion tax reform legislation on the U.S. commercial real estate sector is becoming clear, notes Cushman… Read more
Sol Katz Join Eastern Union Funding
Sol Katz has joined Eastern Union Funding as director of business development for its affiliate buyer division. “Sol has the… Read more
Morgan Completes $277M NE MF Portfolio Purchase
King of Prussia, PA-based Morgan Properties acquired a four-property multifamily portfolio consisting of 2,729 units located in the suburban Maryland-DC… Read more
ShopOne Buys Oak Park Commons
ShopOne, a private real estate investment trust, paid an undisclosed price for Oak Park Commons, a 139,717-square-foot grocery-anchored shopping center… Read more
Onyx and Garrison Buys Again at 61 South Paramus Rd.
Onyx Equities has partnered with Garrison Investment Group to buy a leasehold interest in a 285,000-square-foot office building at 61… Read more
HCATS Fills Last Availability at 75 Commerce Dr. in Allendale, NJ
Hitachi Chemical Advanced Therapeutics Solutions (HCATS) will occupy 50,000 square feet at 75 Commerce Dr., a 115,000-square-foot, flex property in… Read more
Construction Starts on Woodmont Bay Club at Bayonne, NJ
Woodmont Properties, in partnership with Baker Residential, broke ground on Woodmont Bay Club at Bayonne, a new luxury rental apartment… Read more
Whole Foods’ Prices Are Creeping Back Up
According to research firm Gordon Haskett, Whole Foods’ prices are on the incline since Amazon’s highly-publicized price cuts. The average… Read more
Default Resolved in $67M Sale for One Newark Center
Beijing Ideal Property Development Co. reportedly paid $66.6 million for One Newark Center, a 418,026-square-foot office building just a block… Read more
