New Jersey
Basking Ridge Offices Trade, Offering Value-Add Potential for New Ownership
Cushman & Wakefield arranged the sale of a 216,573-square-foot office property located at 131 Morristown Rd, in Basking Ridge, NJ for an… Read more
WinnDevelopment Tapped to Lead $500M Redo of Public Housing Complex in New Jersey
WinnDevelopment has been chosen by the Jersey City (NJ) Housing Authority to redevelop the 80-year-old Holland Gardens public housing complex… Read more
JLL Retail Adds David Townes, Alana Friedman to NJ Team
JLL Retail has added David Townes and Alana Friedman to the New Jersey retail platform. Managing director Townes and VP Alana Friedman… Read more
Cushman & Wakefield Closes Sale of Livingston Mixed-Use Property
Cushman & Wakefield has arranged the sale of a 27,252-square-foot mixed-use property located at 107 E. Mount Pleasant Ave.in Livingston,… Read more
Hackensack’s Print House Draws Regional and National Retail Tenants
NAI James E. Hanson has negotiated retail leases to bring Starbucks, Blue Foundry Bank and Hackensack Meridian Health to The Shoppes at Print House, a redevelopment project at the former… Read more
Lee & Associates NJ Arranges Industrial Lease, Sale Transactions in Middlesex County
Lee & Associates New Jersey has arranged two industrial transactions in Middlesex County. In Piscataway, BlackRock Realty Advisors acquired 330 S.… Read more
Cushman & Wakefield Lines Up Financing for Belleville Industrial Project
Cushman & Wakefield advised Lincoln Equities Group and The Carlyle Group in procuring $17,000,000 in predevelopment financing for 681 Main… Read more
Large Office Loan Defaults Are on the Rise
The number of big office landlords defaulting on their loans is on the rise, providing more evidence that more developers believe… Read more
JLL Closes Sale of Two Marriott-Branded Weehawken Hotels
JLL’s Hotels & Hospitality Group closed the sale of two Marriott brand hotels totaling 372 keys along the Hudson River… Read more
JLL Arranges $20M Acquisition Loan on Carlstadt Warehouse
JLL Capital Markets arranged $19.56 million in acquisition financing for 305 Veterans Blvd., a 109,775-square-foot warehouse and distribution facility in Carlstadt within New… Read more
Bell Works NJ Reaches 95% Occupancy
Bell Works, the Eero Saarinen-designed former Bell Labs campus in Holmdel, NJ, has signed six new tenant office leases and… Read more
Merck’s Former Headquarters Campus Trades to JV in Sale-Leaseback
A joint venture between Onyx Equities and Machine Investment Group has acquired Merck Sharp & Dohme’s 108-acre former world headquarters… Read more
Gebroe-Hammer Closes Off-Market Sale of Leonia Apartments
Gebroe-Hammer Associates has arranged the off-market, $19.8-million sale of Grand Lee Apartments, an 80-unit garden-style property in the Bergen County,… Read more
NAI Hanson Arranges Medical Office Lease in Chatham
NAI James E. Hanson arranged a 4,830-square-foot medical office space lease at 330 Main St. in Chatham, NJ. The firm’s Andrew Kirshenbaum… Read more
JLL Lines Up $43M Refi for ShopRite-Anchored Woodbridge Retail
JLL Capital Markets closed the $43.2-million refinancing of St. Georges Crossing, a 343,423-square-foot, ShopRite-anchored shopping center located in Woodbridge, NJ.… Read more
Rockefeller Group Sells Recently Completed Industrial Near NJ Turnpike Exit 7
Rockefeller Group has sold a recently completed 345,600-square-foot distribution center to Glendale Warehouse and Distribution Corp. for $83 million. Rockefeller Group Logistics Center… Read more
Industrial Outdoor Ventures Closes $330M of 2022 Acquisitions
Schaumburg, IL-based Industrial Outdoor Ventures (IOV) completed 30 industrial service facility (ISF) transactions in 2022 with a total value of… Read more
Stonemont Financial Closes on Land for Spec Industrial in Passaic
Atlanta-based Stonemont Financial Group closed on the land for a 295,506-square-foot speculative industrial development in Passaic, NJ. Called Stonemont Passaic… Read more
NAI Hanson Arranges Land Sale in Newark Redevelopment Zone
NAI James E. Hanson recently closed the sale of 0.42 acres of land at 1042-1044 Broad St. and 14-16 Camp St.… Read more