New Jersey
Moderna Leases 54K-SF in Seattle, Continues West Coast Expansion
Biotech Moderna has leased nearly 54,350 square feet of space at a Seattle office building Hill7, reported the Puget Sound… Read more
Northbridge Partners Lands $27M for Industrial Portfolio in NJ, PA
Northbridge Partners secured $27 million in financing for an industrial portfolio in New Jersey and Pennsylvania. The portfolio comprises three… Read more
CBRE Closes Three NJ Retail Leases Totaling 12K-SF
CBRE has arranged three leases totaling 12,800 square feet with retail tenants in Flemington, Lebanon, and Garwood, New Jersey. Manhattan… Read more
Skanska Promotes Sean Szatkowski to General Manager of NY Building Operations
Skanska USA Building has promoted Sean Szatkowski to general manager of its New York operations. In his new role, Sean… Read more
Sweetgreen Becomes First Retail Tenant at Morristown M Station East
SJP Properties, in collaboration with Scotto Properties, has secured a lease deal with Sweetgreen for a 2,646-square-foot space at M… Read more
Lightstone Capital Provides $43M for NJ 148-Unit MF Property
Titanium Realty Group has landed a $42.5 million senior bridge loan for a newly built 148-unit multifamily property in Jersey… Read more
Slate Property Group, McCourt Partners Provide $59M for Jersey City MF Development
Slate Property Group and McCourt Partners have provided Sequoia Development Group and Bushburg Properties with a $59 million bridge loan… Read more
Downtown Hackensack Redevelopment Site Will Yield Multifamily
NAI James E. Hanson arranged the sale of a redevelopment site located at 75, 77 and 81 Linden Stt. as… Read more
Commanders’ New Ownership a Done Deal; New Stadium a Question Mark
Josh Harris’ $6.05-billion deal for the Washington Commanders has been ratified by NFL owners. With the new ownership will come… Read more
AIR CRE Takes Members on Boat Tour of Long Beach Port
AIR CRE, an 1,800 member, Los Angeles-based commercial real estate trade association, conducted its sold-out Port of Long Beach Boat… Read more
New-Construction Jersey City Apartments Score $160M Financing
Slate Property Group’s lending arm, SCALE, has provided Namdar Group with a $160-million bridge loan for 618 Pavonia Ave. in Jersey City’s Journal Square… Read more
Dalfen Industrial Makes First Central NJ Acquisition, Then Leases It Up
Dalfen Industrial has acquired 401 Cottontail, a newly constructed, 99,714-square-foot industrial building located in Somerset, NJ, less than 15 miles to… Read more
Bayonne Multifamily Portfolio Lands $48M Refi
A portfolio of multifamily properties in Bayonne, New Jersey, has landed $47.9 million in refinance. The five-year loan, provided by… Read more
Flight-to-Quality Remains a Theme of NJ Office Market in Q2
During the first half of 2023, the overall office vacancy rate in Northern and Central New Jersey continued to rise,… Read more
The Kaplan Companies Lands $47M for North Brunswick Senior Community
The Kaplan Companies has secured $47 million in financing for Amaranth at North Brunswick, a luxury 55+ active adult community… Read more
NAI to Market Newark 716K-SF Industrial Facility
NAI James E. Hanson has been appointed as the exclusive leasing brokerage for Newark Distribution Center, a 716,158-square-foot industrial complex… Read more
Woodmont Named Developer of NJ Downtown Revitalization
The Scotch Plains Township Council has voted to designate Woodmont Properties as the conditional redeveloper of Scotch Plains, a nine-acre… Read more
Goodman to Develop Sustainable Logistics Distribution Center in Carlstadt
Goodman North America is set to develop Goodman Industrial Center Carlstadt II, a sustainable logistics distribution center in Carlstadt, New… Read more
KS Group, Giga Holdings Acquires Newark Residential Towers for $15M
KS Group and Giga Holdings have acquired 315 Mulberry St in Newark, NJ., for $14.5 million. The property, currently a… Read more