New Jersey
Duke Realty Adds Piscataway Warehouse to NJ Portfolio
The New Jersey office of Duke Realty has acquired a 469,600-square-foot warehouse at 600 Ridge Rd. in Piscataway, NJ for… Read more
3650 REIT Provides Preferred Equity in Hoboken Office Deal
3650 REIT has made a $30-million preferred equity investment to help finance the acquisition of Waterfront Corporate Center I, a… Read more
NYC Lags Northeast in New Housing Approvals
New York City approved less new housing per resident than any other Northeast city in 2020, the New York Post… Read more
Parkview Provides $90M for Construction of Newark High-Rise
Parkview Financial provided a $90-million construction loan to Acier Holdings for the construction of Phase I of The Halo, a… Read more
Sam Zell’s EGI Partners with East Coast Warehouse
Equity Group Investments (EGI), Sam Zell’s private investment firm, has made an investment in East Coast Warehouse (ECW), a leading… Read more
Greystone Arranges Bridge Loan on Jersey City Multifamily
Greystone arranged a $47-million lease-up bridge loan on behalf of Namdar Group for 28 Cottage, a new 166-unit class-A multifamily property… Read more
Taurus Completes $424M Recapitalization of 58-Building Industrial Portfolio
Boston, MA-based Taurus Investment Holdings, LLC, has completed the $423.5 million recapitalization of a 58-building industrial portfolio totaling 3,962,339 square… Read more
BHI Lends on Jersey City Condo Project
BHI, the U.S division of Bank Hapoalim, said its commercial real estate group provided $36 million in construction financing to EPIRE for the development of 144 First St.,… Read more
School Fair to Celebrate Learning and Power of Community
Education takes a village. On Jan. 29, several hundred families and educators will celebrate learning and the power of community… Read more
Port Imperial Apartments Score $135M Refi
CBRE Capital Markets’ Debt & Structured Finance team arranged a $135-million loan to refinance The Capstone at Port Imperial, a… Read more
Newly Launched White Oak Real Estate Capital Lends $146M in Q4
White Oak Real Estate Capital (WOREC), an affiliate of Midtown Manhattan-based White Oak Global Advisors, said Thursday that it originated… Read more
Gannett-Leased NJ Printing Facility Trades to JV
Newmark arranged the $39-million sale of 100 Commons Way in Rockaway, NJ. The property is a 352,461-square-foot regional printing, assembly and distribution… Read more
JV Launches Quest for $500M in MOBs with $40M Initial Acquisitions
Annapolis, MD-based Thomas Park Investments has formed a joint venture with Chevy Chase, MD-based Artemis Real Estate Partners to acquire… Read more
Greystone-Passco Alliance Creates a New Institutional Sponsor in DST Sector
Greystone and Passco Companies recently formed strategic alliance to provide clients and investors with enhanced benefits surrounding the Delaware Statutory… Read more
Frontier Airlines Will Resume Midway Airport Service
Frontier Airlines, which ceased flying out of Midway Airport in 2015, will resume service from the South Side facility in April. Flights from Midway initially will… Read more
Avison Young Acquires NJ-Based Interior Design Firm
Avison Young has acquired Morristown, NJ-based Studio Eagle, a workplace studio, space-planning and interior design firm and leading provider of interior design… Read more
Bridge Industrial JV Will Develop Build-to-Core in Urban Infill Markets
Chicago-based Bridge Industrial and Canada-based Public Sector Pension Investment Board formed a joint venture to develop warehousing in a build-to-core strategy in urban infill locations. PSP Investments and Bridge have allocated US$550 million in… Read more
One World Trade Adds 11th Broadcaster to Tenant Roster
WMBC-TV has signed a 10-year lease to relocate from Montclair, NJ to One World Trade Center. The independent station will… Read more
Parsippany Offices Trade with Upside Potential
CBRE completed the sale of 299 Cherry Hill Rd., an 85,000-square-foot office complex near the crossroads of Interstates 80 and… Read more