New Jersey
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
SJP, Scotto Break Ground on Morristown, NJ Mixed-Use Development
SJP Properties and Scotto Properties have broken ground on M Station West, the second phase of the M Station mixed-use… Read more
“Eatertainment” Chain Pinstripes to Go Public Via SPAC
The transaction values the combined company at a pro forma enterprise value of about $520 million at $10 per share.… Read more
Caesarstone Inks Lease for First Northeast Hub in Fairfield
Caesarstone, a global leader in quartz surfaces, has signed a 35,235 square feet industrial lease at 10 Evans Street in… Read more
Bridge Industrial Buys Linden Industrial Service Facility
Bridge Industrial, a vertically integrated real estate operating company and investment manager, has acquired a 115,000-square-foot industrial service facility in… Read more
Pomeranc Group Buys Wayne MF Property, Secures $98M Acquisition Financing
The Pomeranc Group has acquired Mountain View Crossing, a 465-unit multifamily property in Wayne, New Jersey, from UBS Realty Investors.… Read more
Four Springs TEN31 Xchange Launches $150M Diversified Industrial Portfolio
Four Springs TEN31 Xchange, a sponsor of Delaware statutory trust programs based in Naw Jersey, has closed a $72.2 million… Read more
S. Hekemian Group Lands Financing to Develop Montvale Valley Hospital Surgery Center
The S. Hekemian Group has secured construction financing and mezzanine equity for District Building 4, a mixed-use building in Montvale,… Read more
Dermody Properties Buys 214K-SF Industrial Development in Woolwich Township
Dermody Properties has acquired a 214,271-square-foot industrial development site in Woolwich Township, New Jercey, from Arbok. The closing price was… Read more
Treetop Companies Buys Four Monmouth Industrial Properties for $40M
Treetop Companies has acquired a four-building complex in Wall Township, NJ, for $40.5 million. The complex, located within the Monmouth… Read more
Macerich Buys Out Remaining 50% Interest in Five Former Sears Boxes
Santa Monica-based Macerich said Thursday it had acquired the remaining 50% interest in five former Sears boxes from joint venture… Read more