New Jersey
Aeronet Worldwide Opens New 162K SF Houston Facility
Aeronet Worldwide’s Houston operation has moved its operation to a facility just north of the city center. This 152,000 square… Read more
Atlantic City Apartments Trade in Distress Auction
Rosewood Realty Group arranged the sale of two contiguous buildings consisting of 24 apartments in Atlantic City for $1.725 million. … Read more
St. Louis, Other Metro Areas Rank High as Multifamily Markets to Watch—for Distress
Trepp has identified the St. Louis metro area as the number one multifamily market to watch in 2023. In this… Read more
CBRE Tallies 18 Leases at Morris County Industrial/Flex Complex
CBRE has completed 18 leases at East Hanover Commerce Center, a three-building industrial complex located in Morris County, NJ along… Read more
Multifamily Development Site Changes Hands in East Orange
CBRE closed the $4.15-million sale of Hue Soul, a development site fully approved for 113 market rate residential units in… Read more
Gym Franchise Relocates to Route 9 Plaza in Old Bridge
Gym franchise SETS Hybrid Training is coming to Route 9 Plaza in Old Bridge, NJ, relocating locally to the 26,000-square-foot… Read more
Walker & Dunlop Advises on $88M Refi of Central NJ Student Housing
Walker & Dunlop was recently an exclusive advisor to The PRC Group on an $88,374,000 refinance for Campus Town at… Read more
Parkview Closes-Out 2022 with $1.1B in Loan Originations
Los Angeles-based real estate lender Parkview Financial has concluded a solid 2022, executing more than $1.1 billion in loan originations.… Read more
MIT Center for Real Estate, Veris Residential to Collaborate on Multifamily Operations
Veris Residential, Inc. has formed a strategic partnership with Massachusetts Institute of Technology’s Center for Real Estate, one of the… Read more
Marcus & Millichap Closes Sale of 10-Property Portfolio Near Jersey Shore
Marcus & Millichap closed the sale of the Ocean County Middle Market Portfolio, a 10-property, 310,023-square-foot retail and office portfolio… Read more
Retailer Party City Files for Chapter 11
Retailer Party City Holdco Inc. (PCHI), headquartered in Woodcliff Lake, NJ, has filed Chapter 11 petitions for relief in the… Read more
The NIMBY Misunderstanding About Vacant Homes and Housing Supply
There’s a misconception among many NIMBYs when it comes to vacant housing—namely, that the existence of millions of vacant units… Read more
Joint Venture Secures $147M Construction Loan on Parsippany Apartments
Cushman & Wakefield advised the joint venture of Claremont Development, Stanbery Development Group and PCCP in procuring $146,550,000 in construction… Read more
Woodmont, EverWest Partner on South Brunswick Industrial Expansion
Woodmont Industrial Partners and EverWest Real Estate Investors have partnered to launch construction at 461 Ridge Rd., an existing 145,000-square-foot industrial… Read more
NAI Hanson Arranges 10K-SF Medical Office Lease in Avenel
NAI James E. Hanson has negotiated a lease for 10,043 square feet of medical office space at 1030 St. Georges… Read more
Luxury Fitness Club Expands with Second Location in Edgewater
Iron Culture, a full-service, luxury, high intensity gym has opened a second location at 7700 River Rd. in Edgewater, NJ.… Read more
Inland Private Capital, Devon Self Storage Deliver Hazlet Facility
Inland Private Capital Corporation (IPC), a real estate investment manager, and Devon Self Storage Holdings (US) LLC have delivered a… Read more
SRS NNLG Finishes 2022 Closing $87M in Chick-fil-A Properties
Newport Beach, CA-based SRS Real Estate Partners’ National Net Lease Group (NNLG) has announced that the firm sold a total… Read more
NAI Hanson Brokers Deal for Hackensack Development Site
NAI James E. Hanson closed the sales of 359 and 375 Main St. in Hackensack, NJ for an undisclosed sum.… Read more