New Jersey
CBRE Arranges 285K-SF NJ Industrial Lease for Staci Group
Staci Group, a global multichannel fulfillment provider, has signed a 285,362 square feet industrial lease at 10 Sigle Lane in… Read more
SRS Scores on Pricing, Cap Rates with Multiple 7-Eleven Sales
The Newport Beach-based SRS Real Estate Partners Capital Markets team has sold a total of 33 7-Eleven-occupied properties over the… Read more
Woodmont, Sagard Complete 200K+ SF NJ Industrial Facility Improvement
Woodmont Industrial Partners (Woodmont) and Sagard Real Estate have completed a multi-million-dollar, dual-stage capital improvement program at 461 Ridge Road,… Read more
WeWork to Decide on its Largest Boston Office Lease
WeWork Inc. is still determining the future of its largest Boston location at One Lincoln St., even after its restructuring… Read more
Meridian Arranges $23M Financing for NJ Resi Development
Meridian Capital Group arranged $22.8 million in financing for E Residences on Madison, a new development at 6207 Madison Street,… Read more
Examining Grocery Chain Opportunities in Underserved Markets
Grocery stores, superstores and dollar stores share one thing. They carry food products. According to Placer.ai, grocery stores go a… Read more
Lument Expands Capital Markets Team with New Hires
Lument has doubled the size of its real estate capital markets team, expanding the array of capital solutions it offers… Read more
Hochul Pauses NYC Congestion Pricing Plan Indefinitely
The first congestion pricing program enacted in the U.S. has been put on hold. New York Gov. Kathy Hochul said… Read more
Smith Hill, Bain Capital Close $111M Loan on Hospitality Portfolio
Smith Hill Capital and Bain Capital Special Situations have closed on an approximately $111-million first mortgage loan secured by a… Read more
Cushman & Wakefield Arranges Five Princeton Leases Totaling 60K SF
Cushman & Wakefield has facilitated five new leases at Princeton Point, an office property in Princeton, NJ, totaling over 60,000… Read more
DXD Completes Toms River Self-Storage Facility
DXD Capital, a self-storage private equity investor, has opened a new Class A, climate-controlled storage facility at 671 Batchelor St,… Read more
HKS Arranges $47M CMBS Loan for NJ MF Property
HKS Real Estate Advisors has secured a $46.5 million CMBS loan with Citigroup for a new multi-family property at 1-5… Read more
New York/Tri-State People and Company News, week of May 31, 2024
Unispace Life Sciences announced the appointment of Daniel Maldonado as managing director, Americas. Maldonado has three decades of international construction… Read more
Court Approves WeWork Restructuring Plan
WeWork has announced the confirmation of its Plan of Reorganization by the United States Bankruptcy Court for the District of… Read more
CBRE Arranges 48K-SF NJ Lease Renewal
CBRE has arranged a 48,650-square-foot lease renewal at 132 Beaver Brook Road, a distribution facility in Morris County, NJ. Richelieu… Read more
Consigli to Acquire Lendlease’s NY/NJ Construction Business
Consigli Building Group, Inc. and Lendlease have announced an agreement in which Consigli will acquire Lendlease’s New York and New… Read more