New Jersey
Link Logistics Acquires Parsippany Development Site
JLL Capital Markets closed the sale of 2 Hilton Ct., a 10.41-acre site, which will be redeveloped into a 123,000-square-foot warehouse… Read more
Newly Built LA Fitness Trades at Linden Shopping Center
SRS Real Estate Partners completed the $14.29-million sale of a newly built, 41,000-square-foot retail property occupied by LA Fitness. Situated on… Read more
PREMIER Design + Build Completes Teterboro Project for LBA Logistics
PREMIER Design + Build Group completed LBA Teterboro, a 119,600-square-foot, LEED-certified, Class A industrial facility in Teterboro, NJ, for industrial real estate… Read more
Woodmont Signs Tenant to Full-Building Industrial Lease in Lyndhurst
Woodmont Industrial Partners has fully leased 2 Terminal Rd. in Lyndhurst, NJ. The tenant, Nemo Tile, LLC, will occupy the 30,046-square-foot… Read more
CyrusOne Building $200M DFW Data Center
CyrusOne is planning to build a data center near Dallas. Slated to span nearly 2 million square feet, it will… Read more
Central NJ Grocery-Anchored Center Trades for $100M-Plus
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Hamilton Marketplace, a grocery-anchored regional power center in Hamilton Township, NJ. The… Read more
NAIDB Tapped to Lease New Brunswick IOS Facility
NAI DiLeo-Bram (NAIDB) has been named leasing agent for 107 How Ln., a 6.5-acre, 38,000-square-foot industrial outdoor storage property in New Brunswick,… Read more
Bell Works New Jersey Brings Occupancy to 98%
Bell Works New Jersey, a two-million square-foot “Metroburb” in Holmdel, NJ, announced 21 new office lease agreements and lease extensions totaling approximately… Read more
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