New Jersey
CBRE Arranges Deal for Florham Park Offices
CBRE arranged the $24.5-million sale of 25 Hanover Rd., a 100% leased, 132,737-square-foot office park in Florham Park, NJ. Jeffrey… Read more
Greystone Provides $74M Fannie Mae Refi on Newark Affordable Portfolio
Greystone provided a total of $74,300,000 in Fannie Mae Delegated Underwriting Servicing (DUS) loans to refinance a 574-unit multifamily portfolio… Read more
NY Tri-State Industrial Real Estate Sets New Sales Records
Total New York Tri-State industrial real estate investment volume of $5.24 billion in the fourth quarter of 2021 brought the… Read more
Avison Young Hires Team of Borgese and Santos in NJ Office
Avison Young has hired Chris Borgese and Paulo Santos as VPs in the Morristown, NJ office, where they will focus on… Read more
SBM Management Relocates NJ Headquarters to Newark’s Hahne & Co. Building
L+M Development Partners, Prudential Financial and Goldman Sachs Urban Investment Group have secured a 13,215-square-foot lease with SBM Management at… Read more
M&T Realty Places $144M Loan for Brodsky Project in Brooklyn
M&T Realty Capital Corporation recently placed a $144,000,000 permanent loan secured by Plank Road Apartments, a newly built, 312-unit luxury… Read more
Trenton’s Largest For-Sale Office Property Comes to Market
NAI Fennelly has been selected to market 240 W. State St., a 240,000-square-foot office building currently for sale in Trenton,… Read more
BlueGate Lines Up Financing for Multifamily on Jersey City/Hoboken Border
BlueGatePartners LLC, on behalf of Hoboken-based Ursa Development Group and Fields Development, has secured senior construction financing for the Devan,… Read more
CT Realty, PGIM JV Buys 282-Acre New Jersey Site for Logistics Redevelopment
A 282-acre site in Salem County, NJ has been purchased through a joint venture between CT Realty and PGIM Real… Read moreTerreno Realty in Newark Industrial Property Acquisition Streak
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an… Read more
Parkview Lends on Hotel-to-Apartment Conversion in Newark
Parkview Financial provided a $21.5-million loan to Broad Street Ventures Urban Renewal, LLC, an entity of Winchester Equities, LLC, for the purchase… Read more
Hudson Atlantic Closes Sale of Two Montclair Apartment Properties
Hudson Atlantic Realty recently closed a $13,500,000 sale of two multifamily properties in Montclair, NJ which included 56 residential units… Read more
M&T Realty Capital Arranges $22M Finance for Luxury Jersey City Apartments
M&T Realty Capital Corporation has arranged financing of $21.5 million secured by Lumber House, a 46-unit, luxury mid-rise apartment community in… Read more
Duke Realty’s Sheila Sutton on Supply Chain Challenges Facing Developers
It’s no secret that supply chain challenges have been added over the past couple of years to the speedbumps facing… Read more
Duke Realty Pre-leases Piscataway Spec Development to JD.com
The New Jersey office of Duke Realty Corporation has preleased a 216,892-square-foot speculative development in Piscataway, NJ to JD.com, China’s… Read more
NJ Transit Awards AECOM Consulting Contract, Upgrading Garages Statewide to Accommodate Electric Buses
Infrastructure consulting giant AECOM says it has been awarded a contract by NJ Transit to provide engineering services for its… Read more
Journal Square Project Lands $88M Construction-to-Perm Loan
JLL Capital Markets has closed the $88.34-million non-recourse construction-to-perm financing of Journal Square Urby, a 317-unit multifamily high-rise in Jersey City’s Journal Square neighborhood.… Read more
IPA Brokers Sale of New-Build Northern NJ Shopping Center
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Greenleaf at Union, a 100%-occupied, 109,828-square-foot… Read more
CushWake Arranges Four Leases at Parsippany Office Campus
Cushman & Wakefield arranged four leases totaling 46,342 square feet at The Grand, an office building campus located at 300… Read more