New Jersey
Warehouse Users Seek More Space as Hedge Against Supply Chain Volatility
A single ship caused what was literally a world of trouble. That ship was the 220,000-ton Ever Given container ship,… Read more
U.S. Governors Call for Priority on Zero Emission Vehicles
Gov. Gavin Newsom joined a bipartisan group of 12 U.S. governors calling for the Biden Administration to create a path… Read more
FNRP Acquires Shoppes at Cross Keys in St. Louis Metro
First National Realty Partners (FNRP) recently acquired The Shoppes at Cross Keys, a 339,464-square-foot, grocery-anchored shopping center in Florissant, MO, a St.… Read more
Bell Works Chicagoland Cuts Ribbon on Co-working Facility
Officials from the Village of Hoffman Estates joined Somerset Development recently to celebrate the grand opening of coLab at Bell… Read more
Birch Group Acquires Short Hills Portfolio from Mack-Cali for $255M
Mack-Cali Realty Corporation closed the $255-million sale of its New Jersey Short Hills office portfolio, a four- building office portfolio encompassing 843,300 square feet, to The Birch Group. The transaction releases… Read more
Crow Holdings Industrial Plans 1.2M-SF Spec Project Near NJ Turnpike
Crow Holdings Industrial has acquired a prime 126-acre property in Carteret, NJ from Rahway Arch Properties, with plans to break… Read more
Berkadia Secures $43M Refinancing for Chestnut Hill MF Property
Berkadia has secured a $42.9 million loan to refinance Hancock Estates, a garden-style multifamily property in Chestnut Hill, MASS. Located… Read more
Dodge Data to Combine with Blue Book Building & Construction
Two of the construction industry’s oldest and most venerated data sources have agreed to merge. Dodge Data & Analytics, headquartered… Read more
Mixed-Use Redevelopment of Historic Paterson Stadium Launches
One day before the 74th anniversary of Jackie Robinson breaking baseball’s color barrier, politicians and real estate executives joined at… Read more
China-Based Logistics Firm Leases 347K SF in Edison
CBRE completed a 346,858-square-foot industrial lease for JW Fulfillment, Inc., a China-based logistics and warehouse fulfillment company, at the newly… Read more
Gateway Tunnel Project on Fast Track to Complete Federal Review
The Biden administration said Friday it would conclude the Gateway Tunnel’s environmental review by May 28. New York Gov. Andrew… Read more
SJP Bolsters Property Management with Promotion, New Hire
SJP Properties deepened its leadership team with a promotion and hiring within its property management platform. Barbara Quintana was promoted to… Read more
Rebrand to SecureSpace Rialto Follows InSite’s Purchase
InSite Property Group recently acquired RightSpace Storage in Rialto for an undisclosed purchase price. Following other recent purchases in New… Read more
Premier Launches Large-Scale TIs for Three Tenants at Bridge Point 78
Premier Design + Build Group has embarked on three separate tenant improvement projects at Bridge Point 78, an expansive new industrial and manufacturing… Read more
Prism Secures New Financing for Edson Lofts Adaptive Reuse
Prism Capital Partners has secured new financing for Edison Lofts at Edison Village, the firm’s adaptive re-use of Thomas Edison’s historic Invention Factory and… Read more
NAI Hanson Brings Tenant to Newark’s Ballantine Industrial Center
NAI James E. Hanson negotiated an industrial lease for 6,000 square feet with Nextstop, LLC in the Ballantine Industrial Center at 397-447… Read more
Wallkill Spec Project Lands Construction Financing
JLL Capital Markets announced arranged construction financing for the development of a Class A, speculative warehouse and distribution facility in… Read more
Mack-Cali Divests Metropark Portfolio for $254M
Mack-Cali Realty Corporation said Tuesday it had sold its Metropark office portfolio, located in Edison and Iselin, NJ, for $254 million to Opal Holdings. The… Read more
Port Authority Taps CBRE as Property Manager for World Trade Center
The Port Authority of New York and New Jersey has selected CBRE as the site-wide property manager for the 16-acre… Read more