New Jersey
Parsippany Office Sale Hits Five-Year High in Price Per Square Foot
Colliers has facilitated the sale of a boutique office building at 150 Smith Rd. in Parsippany, NJ. The 19,298-square-foot building… Read more
JV Acquires Shopping Center in Wayne, NJ’s Retail Corridor
Cushman & Wakefield has arranged the sale of Ramapo Plaza, a 57,963-square-foot retail asset located at 755-797 Hamburg Tpk. in… Read more
Avison Young Names Land Development Services Lead in NJ
Avison Young has appointed Adam Wright as principal and director, Land Development Services to provide clients with end-to-end development solutions… Read more
Edgewood Properties Picks Up Former Everest Reinsurance Headquarters
JLL Capital Markets completed the sale of Westgate, a vacant, 250,000-square-foot office property in Basking Ridge, NJ, for an undisclosed… Read more
Siemens Commits to 43K SF at Parsippany’s Two Gatehall Plaza
Siemens Corporation has signed a 43,138-square-foot lease at Two Gatehall Plaza in Parsippany, NJ. Newmark’s Jeff Schotz, Kevin Murphy, Sumner… Read more
JLL Lines Up Acquisition Debt on Paterson Warehouse with Outdoor Storage
JLL Capital Markets recently arranged acquisition financing for a fully leased, 66,000-square-foot light industrial building with nearly an acre of… Read more
BG Capital Partners to Develop $3B of Cold-Storage Industrial
BG Capital, a Philadelphia-based commercial real estate investment firm, has formed a new strategic real estate partnership with New Jersey… Read more
JLL Closes Parsippany Apartment Sale to DSF Group
JLL Capital Markets closed the $82.5-million sale of The Mark Parsippany, a 212-unit, four-story, Class A, luxury apartment community in… Read more
Advance Realty, Greek Development Close on $227M for NJ Industrial Projects
The partnership of Advance Realty Investors and Greek Development has closed on more than $227 million to support development projects… Read more
Harbor Group JV Pays $306M for Westchester Apartment Complex
Affiliates of Harbor Group International, LLC (HGI) and Azure Partners formed a joint venture for the $306-million acquisition of Avalon… Read more
Claremont Trades Park Ridge Apartments for $130M
Claremont Development closed the sale of The James, a 240-unit multifamily property located at 87 Madison Avenue in Park Ridge, NJ. The… Read more
JLL Arranges Construction Loan on Bridge’s South Plainfield Warehouse
JLL Capital Markets arranged a $25-million construction loan for Bridge Point South Plainfield, an under-construction, 189,059-square-foot, Class A warehouse and… Read more
Walker & Dunlop to Sponsor Rutgers Center for Real Estate
Walker & Dunlop, Inc. will be a corporate sponsor of the Rutgers Center for Real Estate in Newark, pledging to… Read more
Placer.ai: Pandemic Didn’t Create New Migration Patterns
The beginning of the pandemic saw many think-pieces predicting that the areas in which Americans choose to live would be… Read more
CushWake Arranges $368M Financing for Logistics Portfolio with Six MD Assets
Cushman & Wakefield has served as the exclusive advisor to an Ares Management Real Estate fund in the procurement of… Read more
Thorofare Provides Construction Loan on Central NJ Industrial
Thorofare Capital, Inc. provided $28.5 million in financing to Treetop Companies for construction of 500 Halls Mill Rd., a 206,881-square-foot Class… Read more
Progress Capital Lines Up Construction Debt for Newark School
David May and Evan Boles of Progress Capital secured $54,500,000 in construction financing for the owners of a 179,100 square-foot… Read more
LCOR’s Hoboken Connect Project Wins Final Approval
LCOR and its project partners NJ Transit (NJT) and the City of Hoboken have received final approval from Hoboken City… Read more
CushWake Tapped to Lease Up New Industrial Along U.S. 1 in NJ
Cushman & Wakefield has been retained to market Crossroads Commerce Center for lease. Located at 1980 U.S. Rte. 1 in… Read more