New Jersey
Walker & Dunlop Closes Deal for Downtown Westfield’s Largest Apartment Property
Walker & Dunlop has completed the $29,750,000 sale of 333 Central Ave., a 70-unit, Class A multifamily property in Westfield, NJ, approximately 15 miles southwest… Read more
SJP Adds National Insurance Carrier to Iselin Tenant Roster
A national insurance carrier has signed a lease for 21,010 square feet at SJP Properties’ 200 Wood Ave. So. in… Read more
Square Mile Capital Provides $127M Loan on Three-State Industrial Portfolio
New York City-based Square Mile Capital Management LLC originated a $127-million loan secured by a six-property, 1.2-million-square-foot industrial portfolio in Palm… Read more
JLL Closes Sale of Meadowlands Apartments for Mesirow
JLL Capital Markets closed the sale of The Union at Lyndhurst, a 328-unit, Class A, mid-rise rental community in Lyndhurst, NJ.… Read more
SPC Sets a Record for Last-Mile Station in Salem
A last-mile delivery station in Salem, OR was recently acquired by SPC LLC, a New Jersey owner and syndicator. The… Read more
DataBank Will Build NYC Region’s Fifth Data Center
Dallas-based DataBank has acquired 34 acres in Orangeburg, NY, north of New York City. The colocation provider will use the acreage to build the metro… Read more
Nuveen Real Estate Selects EVPassport Chargers to Drive Tenant Engagement
Nuveen Real Estate, a global real estate investment manager with $139 billion of assets, is installing EVPassport chargers on three… Read more
Renewable Power Firm Commits to Jersey City Space
Cushman & Wakefield arranged a long-term, 9,065-square-foot lease for Soltage, LLC at 333 Washington St. in Jersey City. The firm’s David… Read more
Hochul Asks Port Authority to “Thoroughly Examine” Alternatives to LaGuardia AirTrain Project
New York Gov. Kathy Hochul said Monday she had asked the Port Authority of New York and New Jersey to “thoroughly examine” alternatives to… Read more
OrbVest Adds Professional Center in Ocoee to $360M Portfolio
OrbVest has purchased the 38,537-square-foot West Orange Professional Center in Ocoee. The asset contains two medical office buildings and adds… Read more
Industrial Rents Just Keep Climbing
To gauge the disparities in performance of industrial during the pandemic compared to other property types, take a look at rent trends. Rents in many office markets declined,… Read more
JDA Wins Final Zoning Approval for Hoboken MXU
The Hoboken Zoning Board of Adjustment has provided final site plan approval for JDA Group LLC’s The Boundary, paving the way for a master-planned,… Read more
Bob’s Discount Furniture Cuts Ribbon on Duke Realty Build-to-Suit
Bob’s Discount Furniture recently hosted a ribbon cutting ceremony and tour of its new distribution center at 150 Old New Brunswick Road… Read more
Repositioning of Warren Campus Culminates in Two-Property Office Sale
Newmark arranged the sale of 40 & 45 Technology Dr. within the Warren Innovation Center in Warren, NJ on behalf of the joint… Read more
Scion Group, PGIM Real Estate JV on Student Housing
Chicago-based student housing owner/operator The Scion Group and PGIM Real Estate, the real estate investment and financing arm of Prudential Financial’s global… Read more
Valley National Bancorp Acquiring Bank Leumi USA for $1.1B
Valley National Bancorp, headquarter in Wayne, NJ, will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of… Read more
CHA Partners Debuts Senior Living Brand with East Hanover Facility
CHA Partners, a healthcare-focused, full-service, real estate development firm, recently unveiled LIVIA — a new upscale senior living brand with a new facility in East… Read more
Arden Group Invests $38 Million in Nashville Opportunity Zone
Arden Group has announced its latest investment, a project with a current budget of $38 million. In partnership with Ridgehouse… Read more
Boutique Apartments in Bergen County Trade to Private Investor
CBRE finalized the sale of The Schoolhouse, a three-building, 31-unit, apartment complex in Ridgewood, NJ. A private real estate family acquired the boutique property for… Read more