New Jersey
Crow Holdings Breaks Ground on 1.2M-SF Spec Industrial in Carteret
Crow Holdings Development broke ground on Carteret Crow Holdings, a 126-acre property in Carteret, NJ, that will include three buildings… Read more
East Orange Multifamily Portfolio Fetches $16M
Hudson Atlantic Realty arranged the sale of four multifamily buildings with a combined 96 apartment units in transit-oriented East Orange,… Read more
Columbia Property Trust Completes Rehab of 95 Columbus in Jersey City
Columbia Property Trust (CPT) has completed the redevelopment of 95 Columbus, its 680,000-square-foot office building in Jersey City’s Grove Street… Read more
Siemens Inks Lease for 66K SF with SJP in Iselin
SJP Properties has inked a deal with industrial technology company Siemens for 65,500 square feet of office space at 200… Read more
GPARENCY Launches Free Commercial Property Database
GPARENCY, a commission-free commercial mortgage brokerage based in Howell, NJ, is now providing a commercial property database at no cost… Read more
Pair of New Jersey Execs Buy Chicago-Area Hospitals for $92M
New Jersey business executive Reddy Rathnakar Patlola appeared before the Illinois Health Facilities and Services Review Board and obtained regulatory… Read more
Logistics Powerhouses Prologis and Duke Realty to Merge in $26B Deal
San Francisco-based Prologis, Inc. and Indianapolis-based Duke Realty Corporation have entered into a definitive merger agreement by which Prologis will… Read more
PTC Therapeutics Moving HQ, Signs 360K-SF Mega-Lease in NJ’s Warren Corporate Center
Rubenstein Partners, L.P and joint venture partner Vision Real Estate Partners have signed global biopharmaceutical PTC Therapeutics to a new… Read more
Redfin: Median Asking Apartment Rent Tops $2,000 For First Time Ever
The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over… Read more
Grocery-Anchored Center Changes Hands in West Caldwell
CBRE closed the $47-million sale of Essex Mall, a 189,773-square-foot, grocery-anchored shopping center in West Caldwell, NJ. The CBRE team… Read more
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