New Jersey
Office Rocking It in New Jersey
Newly-repositioned office properties, state tax incentives and a large pool of talented potential employees continue to lure companies to rent… Read more
Growing Law Firm Stays in Newark
Up-and-coming law firm Calcagni & Kanefsky renewed and expanded its lease on office space at One Newark Center. The firm,… Read more
Highest Leasing for New Jersey Industrial Since 2001
Industrial tenants in Northern and Central New Jersey absorbed a net 10.1 million square feet of space. That’s the highest… Read more
Giant $32B Capital Plan for Port Authority
The Port Authority of New York and New Jersey is planning its biggest 10-year capital plan ever, spending $32.2 billion… Read more
$29M Loan for New Jersey Apartments
Madison Hill Properties has taken out $28.8M in financing to buy the New Providence Gardens Apartments in New Providence, NJ.… Read more
CA Claims 3 Spots on CBRE’s Global Prime Logistics Yields List
Two SoCal industrial markets and one Bay Area market are included on CBRE Group, Inc.’s latest global ranking of investment… Read more
Hines Sells 408K SF on Long Island
A four-story office building built in 1971 has sold for nearly $36 million in Melville, a small town in Long… Read more
CoreLogic: Foreclosures Still Declining
CoreLogic’s most recent foreclosure statistics (November 2016) showed 26,000 completed housing foreclosures nationally. The number represents a 26% decline from… Read more
TRYP Hotel to Open in Newark
A new TRYP Hotel by Wyndham is on track to open in downtown Newark this summer. The new hotel will… Read more
Carnegie Deli Closes
The Carnegie Deli served its last sandwich and closed at midnight, December 30. Featured in film and New York City… Read more
CBRE Arranges $107M for Two Riverfront Buy
CBRE Capital Markets’ Debt & Structured Finance team arranged for $107.3 million in financing on behalf of Kuwait-based KFH Capital… Read more
AFIAA Closes on its Largest U.S. Deal
AFIAA Foundation for International Real Estate, headquartered in Switzerland, closed on its largest U.S. acquisition so far. Specifically, the buyer… Read more
Carter Validus Pays $64M for Rehab
Carter Validus Mission Critical REIT II Inc. acquired the 89,000-square-foot Select Medical Rehabilitation facility for $63.6 million from an undisclosed… Read more
220K-SF Chimney Rock Going North in NJ
Regency Centers Corp. broke ground on Chimney Rock, a $70 million, 219,947-square-foot grocery-anchored retail center in Bridgewater, NJ. Completion on… Read more
A Net Gain for Brooklyn
The NBA Brooklyn Nets basketball team might not be winners but for real estate In Brooklyn, they are a slam… Read more
NY-NJ Gateway Tunnel Project Fast-Tracked
The Gateway Tunnel Project – geared to improve railroad connections between New York and New Jersey – is on the… Read more
GoldOller Snags 500-Unit Charter Court for $56M
GoldOller Real Estate Investments struck a deal with Treetop Development LLC of Teaneck, NJ to acquire the 500-unit Charter Court… Read more