New Jersey
Sitex Group Acquires Zuckerberg’s NJ Industrial Park
Sitex Group has acquired Zuckerberg’s Industrial Park in Saddle Brook, New Jersey, in one of the largest transactions in the… Read more
Global Courier Express Expands Operations in NJ
Global Courier Express (GCE) has signed two new lease agreements totaling 160,277 square feet at Kearny Point Industrial Park, located… Read more
Jersey City Apartment Building Sold for $18M
6ixBoroJC, a 45-unit apartment building in Jersey City, New Jersey., was sold for $17.7 million. The names of the buyer… Read more
BROAD U.S.A. Renews NJ Headquarters
BROAD U.S.A. renewed its headquarters lease, a 2,851-square-foot space at 401 Hackensack Avenue., Union City, NJ. The HVAC contractor will… Read more
Northwind Provides $35M for Carmel Towers in Newark
Northwind Group, a real estate private equity firm and debt fund manager based in Manhattan, has provided a $35 million… Read more
Highline Hospitality Partners Buys Eatontown Hotel
Highline Hospitality Partners has acquired Homewood Suites Eatontown, a 131-room hotel located in Eatontown, New Jersey., from Jersey Shore Hotel… Read more
Steinbridge Activates $1.3B Impact Strategy With $50M Seed Venture
The Steinbridge Group has partnered with the FrontRange Co-GP Property Fund, an affiliate of FrontRange Capital Partners, in a $50… Read more
Dan Kennedy Takes the Helm at NAIOP NJ
Dan Kennedy has assumed the role of CEO at NAIOP New Jersey, a key commercial real estate development trade association.… Read more
Colliers, Bridge Industrial Lease 1M-SF NJ Industrial Space
Colliers has partnered with Bridge Industrial to lease over one million square feet of industrial space in Perth Amboy, NJ. … Read more
Monroe Township Industrial Property Sold for $54M
GLP Capital Partners has acquired 34 Engelhard Drive, a 203,000-square-foot industrial property in Monroe Township, NJ., for $53.8 million from… Read more
Jason Stein Joins CBRE as VP of Debt & Structured Finance
Jason Stein has joined CBRE’s Saddle Brook, New Jersey office as vice president of debt & structured finance. With over… Read more
38K-SF Watchung Cinemark Changes Hand
A Joint Venture between Agus Holdings and Treeco has bought Cinemark theater in Watchung, New Jersey. The price was not… Read more
Dalfen Uses $52.9M Acquisition Loan to Buy Sparks Industrial Asset
Meridian Capital Group arranged $52.9 million in financing for the acquisition of a class-A industrial building in Sparks, NV. The loan… Read more
115K-SF Office Leases Signed at Princeton Point
Cushman & Wakefield has arranged two leases totaling 115,000 square feet at Princeton Point, an office property located at 600… Read more
New York is America’s #1 Builder in 2023
2023 is expected to be a record-breaking year for NY construction, with developers planning to introduce 460,860 rental units by… Read more
Life Care Services Opens Second Senior Living Community in NJ
Life Care Services (LCS), the third-largest operator of senior living communities in the US, revealed its second senior living community… Read more
Denholtz Properties Lands $50M for NJ 214-Unit MF Complex
Denholtz Properties has secured a $49.8 million Fannie Mae non-recourse, first mortgage loan for the acquisition of the Solo at… Read more
Denholtz Buys North Bergen Apartment Complex for $89M
Denholtz Properties has acquired the “Solo at North Bergen” apartment complex for $89 million. The North Bergen complex consists of… Read more
EY: Five Takeaways from a Recent Look at Office Trades
By Brett Johnson, Mark Grinis and Katie Miller Pre-pandemic, the office sector was a long-established, relatively stable, and generally promoted… Read more