New Jersey
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
Faropoint Targets $1B Capital Raise with Newest Fund
Faropoint, a vertically integrated real estate investment manager focused on urban logistics, has launched Industrial Value Fund IV, targeting $1… Read more
JCMLiving Cuts Ribbon on Final Phase of Wesmont Station Neighborhood
JCMLiving, a family-owned real estate owner and operator of multifamily communities throughout the East Coast, unveiled Rosera Wesmont, a 295-unit luxury… Read more
Mill Creek MF Part of PGIM Real Estate $347M Acquisition Deal
PGIM Real Estate has completed three property acquisitions, for a total of $346.9 million on behalf of the PGIM Private… Read more
RPA: Congestion Pricing Reduces Traffic Delays Across NYC and Region
The congestion pricing program currently in effect in Manhattan is not only reducing traffic jams inside the Congestion Relief Zone… Read more
JLL Arranges Refi for Morris County Industrial Duo
JLL Capital Markets arranged refinancing for two industrial properties totaling 143,265 square feet in Lincoln Park, within New Jersey’s Morris County. Senior managing… Read more
Jersey City Mixed-Use Tops Out First Residential Tower
The development team behind West Side Square (WSS) on Jersey City’s West Side recently topped off the project’s first residential tower, The Residences… Read more
70K-SF Warehouse Development Planned Near Philadelphia
Faropoint, a real estate investment firm that focuses on last-mile industrial real estate, is planning a new warehouse development in… Read more
Avison Young to Spearhead Leasing at Fair Lawn MOB
Avison Young has been exclusively retained by Atkins Companies to market and lease its recently acquired 150,000-square-foot medical/professional office building… Read more
Invesco Provides $355M Loan to Bridge Logistics
Invesco Commercial Real Estate Finance Trust, Inc. (INCREF) has provided $354.6 million in financing to Bridge Logistics Properties, a subsidiary of… Read more