New Jersey
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
Western Union Divests Montvale Offices
Savills arranged the $5.5-million sale of 100 Summit Ave. in Montvale, NJ, a 127,000-square-foot office complex recently occupied by Western Union.… Read more
Avison Team Markets Bleecker Street Mixed-Use
The Tri-State Investment Sales Group for Avison Young has been hired to sell 355 Bleecker St., a 4,275 square foot, three-story building in the… Read more
Matrix Signs Two Lease Renewals in Cranbury
Matrix Development Group inked deals to renew two leases totaling 50,511-square-feet for its office, laboratory and flex space at Matrix… Read more
Construction Management Firm CREDE Opens NJ Office
CREDE, an Irvine, CA-based commercial real estate development and construction management company, has expanded into the Mid-Atlantic region with a… Read more
Northern NJ Apartments Trade for $84M
CBRE closed the $84.2-million sale of Gaslight Commons, a 200-unit luxury apartment community in South Orange, NJ. The firm’s Jeffrey… Read more
Katz & Associates Promotes Three Retail Brokers
Katz & Associates has promoted Holly Buchanan and Donny Moskovic to senior director and David Yablon to director. They’re based… Read more
PREIT Plans Addition of 1,065 Apartments at NJ Mall
PREIT will proceed with its plan to transform its properties into multi-use, sustainable districts with the execution of a rezoning… Read more
CBRE Arranges Renewals at Hackensack’s Continental Plaza
CBRE completed two large lease renewals at Continental Plaza in Hackensack, NJ. The tenants included include law firm Shapiro, Croland,… Read more
JLL Arranges Woodcliff Lake Leases
JLL, representing Hudson Equities, has completed two transactions at 300 Tice Blvd. in Woodcliff Lake, NJ. Western Union, a global… Read more
Realterm, JPMorgan Team on 28-Market Logistics Portfolio
(Updated with additional information) Realterm and J.P. Morgan Asset Management (JPAM) entered a joint venture to acquire a 1.75-million-square-foot logistics portfolio… Read more