New Jersey
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
Cypress Equity, Winter Properties Break Ground on Bayonne Apartments
Cypress Equity Investments (CEI) broke ground on Avenue G, a 354-unit apartment complex in Bayonne, NJ. Located in a rapidly growing community on… Read more
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