New Jersey
Pennrose Breaks Ground on Affordable Seniors Redevelopment in New Brunswick
Pennrose, the New Brunswick Housing and Redevelopment Authority (NBHA) and project partners broke ground on Hildebrand Commons, the transformation of… Read more
NY-Based PRC Acquires Apartments in Suburban Philadelphia
PRC, a real estate development firm based in New York, has acquired the Paulsboro Gardens Apartments, an affordable housing apartment… Read more
Veris Divests Morris Plains Apartments for $85M
Jeffrey Dunne, Stuart MacKenzie, Eric Apfel and Travis Langer of CBRE Institutional Properties, in partnership with Roland Merchant and Tom… Read more
857K-SF Spec Industrial Park Fills Up in Temple
The 857,000-square-foot CenTX35, developed by Velocis and marketed and leased by KBC Advisors, was delivered on spec last year and… Read more
Sage Completes Sale of Warren County Luxury Apartments for Woodmont
Sage Investment Real Estate Advisors finalized the $42.95-million sale of Woodmont Liberty Apartments, located at 2000 Woodmont Dr. in the Warren County… Read more
Turnbridge Signs TWTH Express to Long-Term Bayonne Lease
Turnbridge Equities has signed a long-term industrial lease for 255,069 square feet at 169 Pulaski St. in Bayonne, NJ to… Read more
Heart Health Company Establishes East Coast Presence in Princeton
JLL arranged a 21,489-square-foot lease for Kardigan, a heart health company establishing its first East Coast office, at 506 Carnegie… Read more
Long-Term Leases Bring Somerset Industrial Park to Full Occupancy
Following the acquisition of the Cottontail Logistics Center in Somerset, NJ by CBRE Investment Management, CBRE has completed two new… Read more
3PL Carrier SpeedX Signs on for 165K SF at Linden Logistics Center
Advance Realty Investors and Greek Real Estate Partners (GREP) announced that 3PL carrier SpeedX has leased 165,000 square feet at… Read more
SJP Launches Development of Nokia Bell Labs Headquarters
SJP Properties has commenced construction of the 10-story, 370,000-square-foot Nokia Bell Labs headquarters at the H-2 site of the HELIX NJ in… Read more
Blackstone Provides $515M Refi for Kushner Mixed-Use in Jersey City
Newmark arranged a $515-million loan on behalf of Kushner Companies for the refinancing of the first phase of The Journal,… Read more
Mapletree Closes First Major U.S. Warehouse Divestment in Sale to Faropoint
Mapletree Investments Pte Ltd has sold a 1.8-million-square-foot industrial portfolio to Faropoint for $328 million. This transaction marks Mapletree’s first major… Read more
Albanese, BXP, CrossHarbor Break Ground on $400M Jersey City Residential
The Albanese Organization, BXP and CrossHarbor Capital Partners broke ground on 290 Coles St., a $400-million residential development in Jersey City. Located in… Read more
Cushman & Wakefield Arranges $81M Refi of Jersey City Multifamily
Cushman & Wakefield arranged an $81-million refinancing deal for One Grove, a 200-unit multifamily property located at 215 Grove St.… Read more
Grocery-Anchored Newark Retail Center Lands Acquisition Loan
JLL Capital Markets arranged a $23.44-million senior financing for Springfield Avenue Marketplace, a 110,551-square-foot ShopRite-anchored retail center located in Newark. Senior managing… Read more
Nautilus Solar Relocates Headquarters to 200 N. LaSalle in Chicago
Nautilus Solar Energy, a New Jersey-based provider of clean energy solutions, announced that the company is relocating its corporate headquarters… Read more