New Jersey
Adjacent Jersey City Multifamily Properties Trade for $221.5M
A CBRE team of Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer, and Daniel Blumenkrantz closed the sale of Lenox… Read more
Stop & Shop Slates 32 Underperforming Stores for Closure
Quincy, MA-based Stop & Shop, a unit of Ahold Delhaize USA, said Friday it would close 32 unperforming locations across… Read more
Cushman & Wakefield Arranges Sale of TPC Jasna Polana Golf Club
Cushman & Wakefield has arranged the sale of TPC Jasna Polana Golf Club, located at 4519 Province Line Road in… Read more
Rockefeller Group Sells Piscataway Logistics Center to Bridge Industrial
Rockefeller Group has sold the 147,000-square-foot Constitution Logistics Center in Piscataway, NJ, to Bridge Industrial. The center, located at 10… Read more
CBRE Arranges $31M NJ Industrial Property Sale
Dora’s Naturals, a distributor of natural and organic perishable products, acquired a 105,000 square feet industrial property at 210 West… Read more
HIV Nonprofit Inks 29K-SF Life Science Space in Jersey City
IAVI, a nonprofit focusing on vaccines and antibodies for HIV, tuberculosis, and emerging infectious diseases, signed a 29,782-square-foot lease at… Read more
NAI James E. Hanson Arranges Two-Acre NJ Property Sale
NAI James E. Hanson, a New Jersey-based independent commercial real estate firm, has brokered the sale of a two-acre property… Read more
Cushman & Wakefield Arranges Two NJ Leases Totalling 11K SF
Cushman & Wakefield has arranged two new long-term leases at 180 Park Avenue in Florham Park, NJ. Carisk Partners Inc.,… Read more
GDC Secures $16B Funding for Hudson Tunnel Project
The Gateway Development Commission (GDC) has secured $16 billion for the Hudson Tunnel Project (HTP), including $6.88 billion in federal… Read more
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