New Jersey
Bloomberg: CRE Sales Market Coming Back to Life
With pricing down 19% from its 2022 peak, the U.S. commercial real estate sales market is starting to come back… Read more
Mars Wrigley Taps Developer for Candy Factory Redevelopment
Mars Wrigley has selected Chicago-based McCaffery Interests Inc. to reconstruct the candy maker’s historic factory site in the Galewood neighborhood. McCaffery… Read more
Berkadia Negotiates 112-Unit MF Sale in St. Louis
Berkadia brokered the sale of The Knolls, a 112-unit, townhome-style multifamily property in St. Louis, Missouri. Managing Directors Andrea Kendrick… Read more
Berkadia Arranges $29M Recap of NJ Apartments
Berkadia JV Equity & Structured Capital, led by Noam Franklin, Cody Kirkpatrick, Chinmay Bhatt, and Matthew Tu, arranged $29 million in… Read more
NJ Performing Arts Center Revamp Will Add Residential, Retail
The New Jersey Performing Arts Center (NJPAC) broke ground on the $336-million redevelopment of its 12-acre campus in downtown Newark.… Read more
Parsippany Offices Listed as Value-Add Opportunity
Colliers is marketing the sale of 2 Gatehall Dr., a 389,000-square-foot office property in Parsippany, NJ. A Colliers team led… Read more
Logistics Property Company Closes $205M Loan with PGIM Real Estate
Logistics Property Company, LLC, a Chicago-based logistics real estate developer, closed a $205 million permanent loan with PGIM Real Estate.… Read more
Kiewit-Leased Offices Trade in Woodcliff Lake
CBRE finalized the $9.8-million sale of 470 Chestnut Ridge Rd., a 53,730-square-foot office building in Woodcliff Lake, within New Jersey’s… Read more
Harrison Street, Brightview Acquire Senior Living Portfolio
Harrison Street has acquired five senior living properties in a joint venture with Brightview Senior Living. The transaction reinforces the… Read more
Fully Leased Offices Trade in Monmouth County
JLL Capital Markets closed the $14.75-million sale of 100 Tormee Dr., a 90,008-square-foot office building in Tinton Falls, NJ. A team led… Read more
JLL Arranges Quartet of Leases at Repositioned Morris County Offices
JLL arranged 37,677 square feet of office leases in a series of transactions at The Mark, a repositioned 237,087-square-foot office… Read more
New York People and Company News, Week of Sept. 6, 2024
We’re adding executive-level openings to our Friday New York Weekly People & Company News. Please send entries for consideration to [email protected]. Read more
Jonathan Fascitelli Launches Platform to Develop Real Estate Around Sports Venues
Jonathan Fascitelli, formerly CEO of HBSE Real Estate, has launched Sports and Entertainment Real Estate Global Holdings (Seregh, pronounced “surge”),… Read more
NAI Hanson Negotiates 55K SF of Leases at Parsippany Offices
NAI James E. Hanson negotiated multiple office leases for more than 55,000 square feet at 35 Waterview Blvd. in Parsippany, NJ. SVP Susan Mason… Read more
Partner Engineering & Science Launches New East Coast Headquarters
Partner Engineering and Science, Inc. announced its new East Coast headquarters at 929 Asbury Ave. in Asbury Park, NJ. Built… Read more