New Jersey
$33M Construction Loan Spurs Phase I Development
Developers took out a $32.5 million construction loan from M&T Bank to help build 163 apartments in a new property… Read more
A New Restaurant in an Historic Building
Summit House, a seasonal new-American restaurant featuring the cuisine of noted chef Martin Kester, will open to the public April… Read more
Restaurant Fills Out Suburban Retail Center
A young restaurant chain signed a lease for 1,900 square feet at Aldrich Plaza in Howell, NJ. Bubbakoo’s Burritos, a… Read more
Berger Buys Newark Landmark
Berger Organization paid $16.4 million for 33 Washington St. in Newark, NJ. That works out to about $37 per square… Read more
Vitamin Shoppe Grows into a Brighter Corporate Office
The new corporate headquarters of Vitamin Shoppe in Secaucus, NJ will be brightened by Kimmerle Newman Architects (KNA). “Ample glass… Read more
1980s Warehouse Sells for $19M
Murray Construction sold its aging warehouse property in North Brunswick, NJ for $18.9 million in an off-market transaction. The new… Read more
Grocery-Anchored Retail Trades for $19M
Institutional and private investors bid aggressively to buy a shopping center anchored by an Aldi grocery store in North Bergen,… Read more
33K-SF in Leases Signed in NJ Office
Vision Real Estate Partners inked new leases, renewals and expansions totaling 33,000 square feet of space at its 9W Office… Read more
Amazon Going Solar at 15 Fulfillment Centers
Seattle-headquartered Amazon Inc. announced plans to install large-scale solar systems on the rooftops of 15 of its fulfillment centers in… Read more
Renovation Boosts 260K-SF Office’s Occupancy
A recent renovation is helping fill empty office space at 400 Plaza Dr., a 260,000-square-foot complex in Harmon Meadow in… Read more
Brookfield Fund to Pay $600M for First Core-Plus Deal
Brookfield Premier Real Estate Partners, a core-plus real estate fund managed by Brookfield Asset Management, is getting ready to close… Read more
Turnaround for 162K-SF Highpoint
A year ago, nearly two-thirds of the office space was vacant at Highpoint Corporate Center in Fairfield, NJ. Now, following… Read more
Small-Balance Loan Assists With MF Acquisition
TBG Development will use two relatively tiny loans totaling $3 million to buy two small multifamily buildings in Orange, NJ.… Read more
325K-SF Industrial Building Trades in New Jersey
A Boston-based real estate advisor bought a 324,540-square-foot industrial building in Monroe, NJ. The deal closed at an undisclosed price, following multiple… Read more
1,009 Affordable Apartments Stay Affordable
Seven New Jersey communities of affordable rental apartments will stay affordable to low income families and seniors, thanks to a… Read more
As Preschoolers Grow, So Does Education
The childcare franchising industry brings in an average of $2.6 billion in annual revenue. Georgia-based Primrose Schools, an organization of… Read more
83K-SF Fills Fast in Ridgefield
KW International leased 83,000 square feet of industrial space at 2 Bell Dr. in Ridgefield, NJ. The spec space, recently… Read more
NJ Apartments Almost Finished
The first Cornerstone at Lacey apartment building will be completed by mid-March, 2017. The affordable housing project is in Forked… Read more