New Jersey
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
Austin Fabrication Company Moving Into 4X Larger Plant
EVS Metal’s believes size matters. Earnings were up 27% last year, but The Austin Business Journal reports that a company… Read more
Philly-Area Industrial Portfolio Trades for $195M
Three years after acquiring it amid the pandemic, Wharton Industrial, a platform company of New York City-based Wharton Equity Partners,… Read more
Ground Lease of Linden Walmart-Occupied Property Changes Hands
Cypress Equities and Stockbridge Capital Group have sold a ground lease of Legacy Square in Linden, NJ., to a partnership… Read more
LEG, H.I.G. Realty to Expand NJ Biotech Manufacturing Hub
Lincoln Equities Group and H.I.G. Realty have partnered to develop three new specialty manufacturing buildings at the Princeton West Innovation… Read more
Heritage Golf Group Acquires Stone Harbor Golf Club in Cape May, NJ
Heritage Golf Group has acquired Stone Harbor Golf Club in Cape May, NJ, from the Fishman family in an off-market… Read more
Kim Brennan Returns to Cushman & Wakefield as NJ Managing Director
Kim Brennan has joined Cushman & Wakefield as managing director based in the Morristown office. With over two decades of… Read more
Prologis Expands in Atlanta as Part of $3.1B Industrial Buy
Prologis is set to acquire nearly 14 million square feet of industrial properties from Blackstone for $3.1 billion, funded by… Read more
$28M H Mart Headed to NW Dallas
H Mart, the country’s largest Asian grocery chain, will begin construction next year on a 70,000-square foot Korean grocery store in… Read more
Prologis Acquires $3.1B of Blackstone Industrial
Prologis has agreed to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with… Read more
Five Leases Totaling 11K-SF Signed in Westfield, NJ
Five leases totaling 11,153 square feet were inked in Downtown Westfield, New Jersey. The leased locations include 167 E. Broad… Read more