New Jersey
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
Mondelēz Will Shutter Bakeries in Atlanta, NJ
Mondelēz International said it would close its Fair Lawn, NJ and Atlanta biscuit bakeries later this year. The decision comes… Read more
Karly Iacono Joins CBRE’s Net Lease Team
CBRE has added Karly Iacono to its Net Lease Property Group, based in CBRE’s Saddle Brook, NJ office. Joining CBRE… Read more
Logistics Rent Growth Powers Through the Pandemic
Pandemic uncertainty led to negative rent growth in most global logistics markets during the second quarter of 2020, Prologis reported.… Read more
Partnership Acquires Offices in Princeton’s Forrestal Center
JLL Capital Markets arranged $14.138 million in acquisition financing for 500 College Rd. East, a 159,227-square-foot, Class A office building in Princeton,… Read more
Duke Adds to NJ Holdings with Meadowlands Warehouse
The New Jersey office of Duke Realty Corporation acquired a 102,224-square-foot industrial building at 66-96 E. Union Ave. in East Rutherford, N.J.… Read more
Condé Nast Mulls Dividing Space Between Downtown and NJ
Condé Nast, whose one-million-square-foot commitment to One World Trade Center symbolized the post-9/11 resurgence of Lower Manhattan, is exploring taking office… Read more
Marketing Firm Inks BTS Deal for New Space
JLL recently completed a 14,829-square-foot lease for HAP Marketing Inc. at 1511 Wayside Rd., Tinton Falls, NJ. SVPs Peter Ladas… Read more
Pathway Capital Arranges $74M Loan on NJ Portfolio
Pathway Capital Corp. arranged a $73.5-million loan through Madison Realty Capital on a portfolio of eight properties located across northern… Read more
JLL Arranges Refi on Jersey City Lofts
JLL Capital Markets arranged a $20.03-million refinancing for Solaris Lofts, a 72-unit multi-housing community in Jersey City. A team led by directors… Read more
HK Plans Makeover at Jersey City Loft Offices
HK Organization unveiled plans for a comprehensive capital improvement plan at 333 Washington St., a loft office building in Jersey… Read more