New Jersey
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
Fort Lee Apartments Fetch $52M Amid Renter Demand
Cushman & Wakefield arranged the sale of The Sterling, a 128-unit multifamily property located at 2055 Center Ave. in Fort… Read more
Faropoint Trades 109-Property Logistics Portfolio for $481M
Investment firm Faropoint, focused on last-mile industrial properties in high population growth markets, has sold 109 institutional-quality, last-mile logistics buildings… Read more
EverWest Adds to NJ Portfolio with Meadowlands Sale-Leaseback
EverWest Real Estate Investors has added to its New Jersey industrial portfolio with a $37.1-million warehouse acquisition in Rutherford. Negotiated as a… Read more
Peak Construction Establishes New Rosemont Headquarters
Peak Construction Corporation recently moved its national headquarters to Rosemont, IL, adjacent to O’Hare Airport and with strategically located access… Read more
NAI Hanson Closes Deal for Northern NJ Industrial
NAI James E. Hanson negotiated the sale of a 152,000-square-foot industrial building at 55 E. 6th St. in Paterson, NJ.… Read more
Marcus & Millichap Promotes Ryan Nee to SVP and Southeast Division Manager
Marcus & Millichap has promoted Ryan Nee to SVP and division manager of the Southeast. Nee has been with the… Read more
Somerset Development Rebrands as Inspired
Somerset Development, based in Holmdel, NJ and known for large-scale mixed-use redevelopment, said Wednesday it had rebranded to Inspired by… Read more
Seagis Acquires Metuchen Industrial, Plans Upgrades
Seagis Property Group closed on a 6.92-acre industrial real estate property featuring a 158,641-square-foot building with ample space for car… Read more
Moinian Group Inks Office Lease with Valley National Bank
The Moinian Group has completed a long-term, 15,317-square-foot relocation and expansion with Valley National Bank at 245 Fifth Ave. in… Read more
JLL Tapped for Property Management at Morristown’s Headquarters Plaza
JLL has been selected to provide property management services to Headquarters Plaza, a 760,000-square-foot office property in Morristown, NJ. A… Read more