New Jersey
Cushman & Wakefield Markets Former Verizon Training Facility
Cushman & Wakefield has been retained to market for sale 6000 Hadley Rd., a 124,545-square-foot office asset in South Plainfield,… Read more
Thor Equities Adds to NJ Industrial Property Holdings
Thor Equities Group has acquired a 330,000-square-foot industrial asset in Passaic, NJ. The purchase price was undisclosed, but separately, Seven… Read more
Bridge Logistics Properties Acquires Two Warehouses and Excess Land in Linden
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc. has acquired 3301 and 3351 Tremley Point Rd.… Read more
Westbrook-Camber JV Scores Shallow Bay Industrial Near Port Newark
Cushman & Wakefield arranged the sale of Port Newark Light Industrial Park, a five-building, 113,743-square-foot industrial portfolio at 119, 175… Read more
Northmarq Lines Up Acquisition Loan for Busy Hoboken Parking Garage
Daniel Karp, VP of Northmarq’s Boston regional office, arranged $26.4 million in acquisition financing for the eight-story, 1,250-space Hudson Tea… Read more
CLK Spends $16M to Acquire Fourth Apartment Community in Mobile
Long Island, NY-based CLK has acquired a 201-unit multifamily development of 20 buildings in Mobile, AL for $15.8 million ($78,600… Read more
Nonprofit NJ Community Capital Inks Long-Term Lease
Cushman & Wakefield arranged a long-term, 24,259-square-foot lease for New Jersey Community Capital (NJCC), a nonprofit organization, at 100 Albany… Read more
RWJBarnabas Health Brings In Rendina’s Stephen Barry as EVP
RWJBarnabas Health, the largest academic healthcare system in New Jersey, has appointed Stephen K. Barry as EVP of facilities management… Read more
NAI Hanson Closes Deal for Outdoor Storage in New Brunswick
NAI James E. Hanson arranged the sale of 5.6 acres of industrial outdoor storage at 703-711 Jersey Ave. in New Brunswick,… Read more
Gateway Tunnel Cost Estimate Balloons; Completion Date Pushed Back to 2038
The cost of building the new two-tube Gateway Tunnel between New York and New Jersey and rehabilitating the existing trans-Hudson rail tunnels… Read more
Bed Bath & Beyond Announces Store Closings, Other Measures to Shore Up Balance Sheet
Housewares retailer Bed Bath & Beyond Inc. on Wednesday announced strategic changes to drive growth and profitability and improve its… Read more
SCALE Lending Closes $195M Buy and Build Loan for Residential Towers in Miami
Slate Property Group affiliate SCALE Lending has closed on a $195-million loan for the acquisition and construction of Namdar Towers… Read more
Alternative Asset Classes Prove to be an Attractive Haven for Capital
A recent capital markets report from Colliers finds that alternative assets, once on the periphery of commercial real estate investors’… Read more
Newmark Tapped to Lease Up Revamped Red Bank Office Campus
Newmark has been retained as office leasing agent for River Centre at 331 Newman Springs Rd. in Red Bank, NJ.… Read more
M&T Places Permanent Loan on South Amboy Luxury Apartments
John Taylor and Donna Falzarano of M&T Realty Capital Corporation recently placed a $78,000,000 permanent loan secured by Station Bay… Read more
Black Bear Capital Arranges Refi on Allendale Industrial Portfolio
Black Bear Capital Partners (BBCP) arranged $44 million in permanent financing on behalf of Allendale Corporate Center, LLC for the… Read more
URW Partners with Mill Creek Residential for First Phase of Garden State Plaza Redevelopment
Unibail-Rodamco-Westfield (URW) has selected Mill Creek Residential (MCR) as co-developer for the first phase of the transformation of the 2.1-million-square-foot Westfield Garden State Plaza in… Read more
JV of Denholtz, Redwood Real Estate Moves Ahead on Bound Brook Apartments
A joint venture between Denholtz Properties and Redwood Real Estate Group is moving ahead with the $50-million construction of a… Read more
Hackensack Apartment Acquisition Secures $32M Financing
JLL Capital Markets arranged $31.5 million in financing for the acquisition and renovation of Hackensack Gardens, a 198-unit, garden-style apartment… Read more