New Jersey
CBRE Arranges 450K-SF at Middlesex Center
April 19, 2017 The newly-constructed Middlesex Center in South Brunswick, NJ is now fully-occupied. The new leases at the speculative,… Read more
Industrial Vacancies Below 2% in Some NJ Submarkets
April 19, 2017 Industrial firms keep signing big leases in New Jersey, pushing vacant space below 2% in some areas.… Read more
Vision Buys Iconic Morristown Tower
April 17, 2017 Vision Real Estate Partners paid an undisclosed price for 1776 On The Green, a locally-famous office property… Read more
Maserati Steers U.S. HQ to Detroit
Fiat Chrysler Automobiles (FCA) plans to relocate the U.S. HQ of Maserati to the now shuttered Walter P. Chrysler Museum… Read more
Big Prize for Giant Kearny Point Redevelopment
April 14, 2017 The massive redevelopment of the shipbuilding complex at Kearny Point, NJ won one of eight 2017 Smart… Read more
Xerox Spin-Off Gets New Offices in Three Months
A new company spun-off from Xerox Corp. needed its new headquarters completed very quickly, to provide a seamless transition to… Read more
Matthew Turse Wins 2016 Business Attraction Award
April 13, 2017 Matthew C. Turse, senior vice president for Avison Young, won the 2016 Business Attraction Award from the… Read more
Colliers Opens Third NJ Office
April 12, 2017 Colliers International is opening its third office in New Jersey. “This expansion demonstrates the commitment that Colliers… Read more
Michael DeMarco Promoted to CEO of Mack-Cali
Jersey City, NJ-based Mack-Cali Realty Corp. promoted Michael J. DeMarco to CEO and Mitchell Rudin will become vice chairman, a newly… Read more
Below-Market Fixed-Rate Refi for Millbridge Gardens
April 11, 2017 Dr. Dinesh Khosla of SDK Apartments borrowed $71.3 million to refinance the SDK Millbridge Gardens in Clementon,… Read more
Industrial Rents Up, Availability Down in New Jersey
April 10, 2017 New Jersey developers sped up their construction schedules to fill the lack of available industrial space. Six… Read more
Hard Rock Conceives $400M Atlantic City Rebirth
The Hard Rock Hotel & Casino Atlantic City, NJ is set to undergo a nearly $400 million redevelopment that is… Read more
Transit-Oriented, Waterfront Apartments Under Construction in Middlesex
April 6, 2017 Woodmont Properties is building 126 apartments, surrounded by shops and amenities, near the train station on the… Read more
$51M for Grocery-Anchored Retail in Morris County
April 5, 2017 A shopping center anchored by a Stop & Shop grocery store sold for $51 million in the… Read more
Metuchen’s Transit-Oriented Apartments Lease Quickly
Apartments are leasing quickly at Woodmont Metro at Metuchen Station, a new apartment community now under construction in downtown Metuchen,… Read more
$125M Acquisition Loan for Mack-Cali
Mack-Cali Realty Corp. borrowed $124.5 million from Citi and Goldman Sachs & Co. to purchase 51, 101 and 103 JFK… Read more
973K-SF Office Getting a Face Lift
Nightingale Properties is spending more than $4 million to renovate 80 Park Plaza in Newark, NJ. The 26-story, 973,000-square-foot building… Read more
242K-SF Secaucus Warehouse 25% Pre-Leased
Bhasin Properties has found two new tenants for its development at 1 County Rd. in Secaucus, NJ. The new development totals… Read more