New Jersey
Byline Bank Closes $19M in Financing for Industrial Properties in IL, NJ
Byline Bank’s Commercial Real Estate Group (BCREG) announced the closure of $19.1 million in financing for six industrial properties for… Read more
New York People and Company News, Week of August 16, 2024
Enhancement to Weekly People & Company News – We’re adding executive-level openings to our Friday New York Weekly People & Company… Read more
Woodmont, Brookfield Break Ground on Industrial Near I-78
Woodmont Industrial Partners, in partnership with Brookfield Properties, has broken ground on a new industrial project, Alpha 78 Logistics Center at Edge Road in… Read more
MELD Law Expands in Move to West Orange
Manzi Epstein Lomurro & DeCataldo, LLC (MELD Law) has signed a 9,152-square-foot lease for its relocation and expansion at The… Read more
$75M Bridge Loan Retires Construction Debt on Little Ferry Apartments
SCALE Lending, the debt financing arm of Slate Property Group, finalized a $75-million bridge loan for Capodagli Property Company, a family-owned New Jersey-based… Read more
Toll Brothers Wraps Work on Jersey City Condo Project
Toll Brothers City Living and Sculptor Real Estate, the real estate business of Sculptor Capital Management Inc., have completed construction… Read more
DSV Global Transport Commits to 355K SF with Crow Holdings in Carteret
The world’s third-largest transport and logistics company has signed a full-building, 355,000-square-foot commitment at Crow Holdings at Carteret in Carteret, NJ. DSV… Read more
NAI Hanson Markets Development Site Near Hackensack U. Medical Center
NAI James E. Hanson was selected to market a prime redevelopment site totaling 1.41 acres in Hackensack, NJ. The property is… Read more
Fully Leased Paramus Retail Sells to DRA Partnership for $37M
Cushman & Wakefield arranged the sale of Paramus Plaza, a 153,494-square-foot retail center located at 545 NJ-17 South in Paramus, NJ. The… Read more
Creation Jettisons Chandler Warehouses for $57M
Midway Commerce Center located in Chandler traded hands this week as Creation sold the three-building, 301,994-square-foot master-planned industrial center to Boston-headquartered Longpoint… Read more
PCCP Furnishes $61M Construction Loan for Trenton-Area Spec Industrial
PCCP, LLC has provided a $60.8-million senior construction loan to Lincoln Equities Group for the speculative development of a 420,024-square-foot,… Read more
Quinlan Development Completes Budd Lake Self-Storage
Design firm Ware Malcomb said construction is complete on a new four-building, self-storage development at 89 US 46 in Budd Lake, NJ,… Read more
Royal Farms to Expand with Gas Station, Convenience Store in Greenbelt
Royal Farms, a privately owned chain of convenience stores headquartered in Baltimore, plans to open a new location in the… Read more
Urban Square Obtains Construction Debt for Jersey City Multifamily
JLL Capital Markets secured $13.1 million in construction financing for the development of Vroom Street Apartments, a 42-unit mid-rise luxury apartment building to be… Read more
Lightstone Provides Bridge Loan for Jersey City Residential
Lightstone Capital, Lightstone’s real estate debt platform, has provided a $34-million bridge loan to a Manhattan Building Company (MBC) affiliate. The loan… Read more
Residential Rents Post 11th Consecutive Monthly Decline
Rents for residential units fell again in June, with especially large declines in the South, where there’s been an influx… Read more