New Jersey
Monmouth Mall Redevelopment Will Include 82K-SF Healthcare Hub
RWJBarnabas Health and Rendina Healthcare Real Estate broke ground on RWJBarnabas Health Family Care & Wellness at the Monmouth Mall… Read more
Multifamily Development Site Trades in Up-and-Coming Plainfield
CBRE closed the sale of 803 South Ave. in Plainfield, NJ, a fully approved multifamily development site that will total… Read more
Industrial Takes Center Stage on Staten Island
In 2020, Staten Island was top of mind for industrial developers, Ariel Property Advisors says in its first-ever Staten Island… Read more
Prism Relocates Headquarters Within Its 116-Acre ON3 Mixed-Use
Prism Capital Partners has relocated its headquarters to 310 Kingsland St.at ON3, its 116-acre flagship redevelopment spanning Nutley and Clifton, NJ. Prism’s move… Read more
“Compelling” Unsolicited Offer Leads to IN Warehouse Sale for Mohr Capital
Dallas-based Mohr Capital has sold a 200,000-square-foot warehouse and outdoor storage facility occupied by GAF Materials Corporation and located at 130 Tri… Read more
Bridge Development Plans Phase II of Bridge Point 78 Industrial Park
Bridge Development Partners unveiled plans for Bridge Point 78 Phase II, an industrial campus totaling 1,670,700 square feet, in Phillipsburg, NJ, at the… Read more
Newly Built Seniors Housing Trades in Sayreville
AMS Acquisitions LLC, a New York City-based investment firm, sold Gillette Towers, a two-building seniors housing community in Sayreville, NJ for… Read more
Northern Manhattan Co-Op Secures $4.7M Financing
Ariel Property Advisors arranged $4.7 million in financing for 500 W. 111th St., a 42-unit, 55,868-square-foot cooperative building in Manhattan’s… Read more
Engel Burman Names CFO for Construction Division
Jericho, NY-based developer Engel Burman has hired Daniel Daragiu as CFO for its construction division. He’ll be responsible for all financial… Read more
Can the Hub-and-Spoke Model Work? Not Without Investment
During the pandemic, growth in secondary cities and suburbs has outstripped demand in CBDs as 57% of employees want an… Read more
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