New Jersey
Warren Innovation Center Scores Full-Building Renewal
Newmark arranged a 45,805-square-foot lease renewal for Horizon Group USA at 45 Technology Dr. in Warren, NJ. The entire building lease at 45… Read more
Marcus & Millichap Brokers $20M Sale of West Palm Office Property
Marcus & Millichap has arranged the $20 million sale of The Galleria International, a 42,263-square foot office property and adjacent… Read more
Greystone Arranges $94M Construction Loan for Newark Multifamily
Greystone recently arranged a $94-million construction loan for an affiliate of J&L Companies to finance the development of a 12-story,… Read more
$750M Cancer Hospital Breaks Ground in New Brunswick
WJBarnabas Health and Rutgers Cancer Institute of New Jersey, in partnership with the New Brunswick Development Corporation (DEVCO), broke ground last week… Read more
Walker & Dunlop Names Group Head of Capital Markets
Walker & Dunlop hired Susan Mello as group head of capital markets, based at the company’s Englewood Cliffs, NJ office. Mello… Read more
Universe Holdings Makes East Coast Debut with NJ Townhome Deal
Universe Holdings has made its first East Coast investment with the $60-million acquisition of Mariners Cove, a 226-unit townhome community… Read more
ULI Advises Public-Private Partnering on Floodplain Buyouts
Flooding is the most expensive and common natural disaster in the U.S., and managing flood risk is critical to protecting homes, local… Read more
JLL Closes $150M Sale of Single-Tenant Suburban NJ Office Campus
JLL Capital Markets closed the $150.25-million sale and $100.59-million financing of Warren Corporate Center 100 and 200, two Class A office… Read more
Stan Johnson Co. Brokers $3M Sale of Metro Atlanta Cold Storage Facility
Stan Johnson Co. has arranged the $2.5 million sale of a 22,689-square-foot industrial facility located at 1812 Joy Lake Road… Read more
Mack-Cali Nears Exit from Suburban Office with Monmouth Portfolio Sale
Mack-Cali Realty Corporation has sold River Centre, a 639,490-square-foot office portfolio in the Monmouth County community of Red Bank, NJ. First… Read more
Barings Trades Luxury Rentals in Bergen County
CBRE closed the sale of Highlands at Westwood, a 214-home luxury apartment community located in Westwood, NJ. The CBRE team… Read more
Berkadia Arranges $140M Sale of Baltimore MF Property
Berkadia has arranged the $140 million sale of Highland Village Townhomes, a 1098-unit garden-style multifamily property in Halethorpe, MD. Located… Read more
Despite Market Disruption, Abundant Capital Options Remain
Four recent transactions showcase various opportunities to place capital despite the market dislocation caused by the pandemic, says Jerry Zevenbergen,… Read more
CushWake Sells Historic Paterson Industrial Complex
Cushman & Wakefield arranged the sale of the I-80 Industrial Complex, a seven-building, 331,000-square-foot industrial asset in Paterson, NJ. A… Read more
Harrison Street Buys, Sells in $1.6B of Transactions
Chicago-based Harrison Street has agreed to purchase 24 seniors housing assets and sell 14 medical office properties across eight states, multiple… Read more
Seattle Lands at Number 10 for Jobs Recovery
After a disappointing April jobs report, hiring is on the rise again. ThinkWhy, a labor market data and analytics firm,… Read more
Amazon Signs on for 360K SF of BTS Space in Rutherford
Amazon will occupy Lincoln Equities Group’s (LEG) future 360,000-square-foot industrial warehouse in Rutherford, NJ, Highland Cross. LEG procured $115 million in industrial build-to-suit… Read more
As Port Traffic Ramps Up, So Does Warehouse Development
Increasing amounts of containerized cargo are flowing through the country’s major maritime port complexes, in turn driving demand for warehouse… Read more
TBC Acquires Morris County Manufactured Housing Community
The Broadway Company (TBC) has acquired Windy Acres, a large manufactured housing community totaling more than 50 pad sites in… Read more