New Jersey
Atlantic Beach Resort Acquired for $87M
Ashford Hospitality Trust (AHT) closed on the sale of the 193-room One Ocean Resort in Atlantic Beach, Florida. Aspect Real… Read more
Bob’s Stores to Close All 21 Retail Locations
Bob’s Stores, a New England retailer established in Connecticut in 1954, is closing all 12 of its New England locations: … Read more
Discount Chain Bob’s Stores Enters Chapter 11 Liquidation
A joint venture of Hilco Merchant Resources and Gordon Brothers will manage the liquidation of Bob’s Stores. The 70-year-old Northeast… Read more
Larken Associates Breaks Ground on 50K-SF NJ Flex Industrial/Warehouse Building
Larken Associates has commenced construction on Flemington Junction Business Center II, a 50,000-square-foot flex industrial/warehouse facility at 20 Minneakoning Road… Read more
New Jersey Industrial Leasing Activity Remains Robust in Q2
Northern and Central New Jersey had robust industrial leasing and a slowdown in office leasing in Q2, according to a… Read more
PGIM Real Estate Provides $98M for 7-Property Industrial Portfolio
PGIM Real Estate has provided a $98.3 million floating-rate loan for a seven-asset industrial portfolio through its core-plus lending strategy.… Read more
Peachtree Group Provides CPACE Loan for Hotel in San Diego’s Gaslamp Quarter
Peachtree Group originated a $40-million retroactive Commercial Property Assessed Clean Energy (CPACE) loan to BLG SAN DIEGO, LLC for its recently… Read more
Marcus & Millichap Sells NJ Medical Office for $14M
A medical office building in Livingston, NJ, has been sold for $13.5 million. Brian Kaplan, David Cafiero, and Dean Matuszewicz… Read more
TCC Signs 342K-SF Industrial Lease in New Jersey
JW Fulfillment, Inc., a wholesale distribution company, has signed a full-building lease at Arsenal Trade Center, a 1 million-square-foot logistics… Read more
KKR Makes Massive $2.1 Billion Bet on U.S. Apartment Market
Investment firm KKR has made its largest foray into multifamily to date, acquiring more than 5,200 apartments from Quarterra Multifamily,… Read more
Värde Provides $185M Refi for 20-Property Self-Storage Portfolio
Värde Partners, a global alternative investment firm, has provided a $185 million loan to refinance a multi-state self-storage portfolio to… Read more
West Side Square Development Fund Lands $169M for NJ Development
The West Side Square Development Fund has reached a loan agreement of $169.3 million through its nominee entity, Avenir West… Read more
Colliers Facilitates $11M Sale of NJ Office Building
Colliers facilitated the $11.17 million sale of 900 on Nine, a 112,705-square-foot office building on US Highway 9 North in… Read more
Richard Lyons Joins McCarter & English as Partner
McCarter & English announced Richard G. Lyons as a partner in its Real Estate and Cannabis Practices, based in New… Read more
Cushman & Wakefield Arranges Sale of 13-Building NJ Industrial Park
Cushman & Wakefield arranged the sale of Totowa Commerce Center, a 506,723-square-foot industrial park in the Fairfield/Passaic market in NJ.… Read more
Veris Pulls Back Stock Offering to Acquire NJ Resi
Multifamily developer Veris Residential has canceled a stock offering intended to fund the acquisition of a 348-unit residential property. The… Read more
Dollar Tree Inks 15K-SF at Aldrich Plaza in NJ, Replacing BB&B
Dollar Tree is expanding in Howell, NJ, with a new 15,000-square-foot store at Aldrich Plaza, a 128,000-square-foot shopping center on… Read more