New Jersey
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
Trammell Crow/High Street Residential Hires SVP to Expand New York Metro Development Business
The Northeast Metro office of Trammell Crow Company (TCC), a global commercial real estate developer, and its residential subsidiary, High… Read more
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