New Jersey
CenterPoint is Bullish on Its Investment Prospects
With the February acquisitions of three Los Angeles-area buildings and a 600,000-square-foot facility in Houston, Oak Brook, IL-based CenterPoint Properties has made… Read more
Streaming Content Boosts Demand for NYC Film Studio Space
As demand for streaming video content has reached new highs, so has the need for high-quality film studio space, according to a… Read more
JLL Adds 15-Year CRE Veteran to NJ Office
JLL has hired 15-year commercial real estate veteran Michael Nicholson as an EVP with the firm’s New Jersey office. Nicholson… Read more
NYC Restaurants May Expand to 50% Indoor Capacity Next Week
Indoor dining capacity in both New York City and New Jersey will expand to 50% beginning March 19, New York… Read more
B6 Adds Its Capital Advisory Director to NJ Team
B6 Real Estate Advisors has approximately 500,000 square feet in property listings across Hudson and Union Counties in New Jersey, totaling $75 million in value. Because of the rapid growth of B6’s presence and… Read more
Onyx Launches Repositioning on Parsippany Offices
Onyx Equities has begun a multimillion-dollar renovation project to reposition 4 & 6 Campus Drive, two office properties totaling approximately… Read more
Avison Young NJ Names Project Management Director
Paul Mastroeni has been promoted to director of project management at Avison Young of New Jersey. He has served as… Read more
Mack-Cali Names Mahbod Nia as New CEO
Mack-Cali Realty Corporation has named Mahbod Nia CEO, effective March 8. Nia, who has served as a director of the Jersey City-based REIT since June… Read more
Elion Adds to Northeast Portfolio with Last-Mile Property Near Newark Airport
Private equity firm Elion Partners acquired a 207,000-square-foot last-mile industrial asset located at 1000 Jefferson Ave. in Elizabeth, NJ, two… Read more
JLL IPT Expands Life Sciences Holdings with NJ Property
JLL Income Property Trust has acquired 170 Park Ave., a 147,000-square-foot, purpose-built life sciences building in Florham Park, NJ, for $46.6 million.… Read more
Prism Taps Healthcare Leasing Team for Edison Battery Factory Redevelopment
Prism Capital Partners has named Newmark Associates CRE as healthcare and medical office leasing agent for Edison Village in downtown West Orange, NJ. Prism’s redevelopment of Thomas Edison’s… Read more
JLL Arranges Construction Debt on NJ Cold Storage
JLL Capital Markets arranged a $34-million construction loan for the development of a new, 140,000-square-foot cold storage facility within the Port… Read more
Colliers Rebrands Maser Consulting Subsidiary
Colliers has rebranded its subsidiary Maser Consulting to Colliers Engineering & Design to better align with its global brand and platform. Founded in… Read more
Triple-Net Home Depot Trades to Benderson
JLL Capital Markets recently closed the $16.4-million sale of a 128,715-square-foot, single-tenant retail building triple net leased to The Home Depot… Read more
Port Authority Advances Revamp of Flushing Bay Promenade
As part of the LaGuardia AirTrain project, the Port Authority of New York and New Jersey has awarded a contract… Read more
Duke Pre-leases Piscataway Warehouse to Furniture Retailer
Duke Realty Corporation secured a long-term lease agreement with Bob’s Discount Furniture for its under-development, 622,230-square-foot distribution facility at 150 Old New… Read more
Avison Young Arranges Sale of 355K-SF Logistics Facility in North Carolina
Avison Young has arranged the sale of the Eastside Logistics Center, a 354,518-square-foot logistics facility in Matthews, N.C. The sales… Read more
Mill Creek Breaks Ground on Montville Apartments
Mill Creek Residential launched construction of Modera Montville, a 295-unit luxury apartment community in commuter-friendly Montville, NJ, about 35 miles west of New York… Read more
W. P. Carey Closes $149M of Net Lease Deals
Net lease REIT W. P. Carey Inc. closed three investments totaling $149 million and covering approximately 1.5 million square feet.… Read more