New Jersey
Apartments in Coastal Fairfield County Find New Ownership After Upgrades
CBRE’s Jeff Dunne, Eric Apfel and Stuart MacKenzie arranged the $48.65-million sale of Reserve41, a 164-unit multifamily community in Norwalk,… Read more
Hines Snaps Up Former Ballantine Brewery Complex in Newark
Turnbridge Equities and Long Wharf Capital have sold the 738,000-square-foot Newark Distribution Center, formerly known as the Ballantine Brewery Complex,… Read more
Netflix to Develop Studio Complex at Former Fort Monmouth Site
Netflix will develop an East Coast production facility on the former Fort Monmouth campus in New Jersey’s Monmouth County, transforming… Read more
Industrial Vacancies Drop, Rents Increase Despite Record New Supply
Industrial real estate rents increased and vacancies continued declining through November of 2022 despite a record amount of new supply… Read more
UMH Properties, Nuveen Real Estate Secure $15M Manufactured Housing Community in Sebring
A joint venture between Freehold, NJ-based UMH Properties, Inc. and Nuveen Real Estate has acquired Rum Runner, a newly developed… Read more
Parsippany Offices Once Owned by State Farm Snare $88M
JLL Capital Markets has completed the $88-million sale of 300 Kimball, an approximately 430,000-square-foot, trophy office property in Parsippany, NJ.… Read more
Sanzari Lands Refi on Two Single-Tenant Elmwood Park Industrial Assets
JLL Capital Markets arranged $12.2 million in refinancing for 481 and 491 Edward H. Ross Dr., two single-tenant industrial properties totaling… Read more
New York Foundation for the Arts Relocates Offices to Midtown Manhattan
The New York Foundation for the Arts signed a 10-year deal to relocate from 20 Jay St. in Brooklyn’s Dumbo… Read more
Northmarq Arranges Refi for Little Ferry Apartments
Robert Ranieri, SVP/managing director of Northmarq’s White Plains, NY regional office, arranged the $11-million refinance of the Gilbert Manor Apartments,… Read more
Taconic Provides $95M Refi for Historic Midtown South Hotel
Taconic Capital Advisors LP provided Burnett Equities, an Oklahoma City-based real estate development and advisory firm, with a $95-million senior… Read more
Faropoint Expands into Maryland with Four Industrial Acquisitions for $29M
Faropoint has acquired four industrial properties located in the Washington-Baltimore metro representing nearly 220,000 square feet of space for a… Read more
Little Falls, NJ Offices Secure One New Tenant, One Renewal
Theta Holding Company, LP, and JLL have closed two office leasing transactions totaling 32,015 square feet at Overlook Corporate Center… Read more
Wells Fargo Launches Emerging Middle Market Segment for NYC Metro
Wells Fargo has launched its emerging middle market (EMM) segment within the company’s Metro New York commercial banking team. Focused… Read more
RIPCO Markets Sale of North Bergen Luxury Multifamily
RIPCO Real Estate has been selected to handle the sale of 7101 River Rd., a newly built luxury multifamily property… Read more
Eastern Union Arranges $79M of Apartment Properties in NJ and Bronx
Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78,575,000 loan to refinance a 1,017-unit portfolio of… Read more
3PL Firm List Logistics Inks 844K-SF Industrial Lease in Flanders
Cushman & Wakefield has arranged an 844,373-square-foot lease for List Logistics, a third-party logistics and distribution company, at 703 Bartley… Read more
Monmouth Power Center Fetches $63M
Institutional Property Advisors (IPA), a division of Marcus & Millichap, recently closed the sale of Consumer Centre, a 293,087-square-foot power… Read more
Harding Loevner Inks Full-Floor Lease Extension in Bridgewater
Avison Young has arranged a lease extension at the Bridgewater Crossing, a two-building office complex at 200-400 Crossing Boulevard in… Read more
Treetop Acquires Medical Offices, Adjacent Lots in Bridgewater
CBRE arranged the $27-million acquisition of three properties located at 1200, 1210 and 1220 Route 22 E. in Bridgewater, NJ.… Read more