New Jersey
JLL Arranges Refi on “Premier” West Orange MOB
JLL Capital Markets arranged refinancing for the Atkins Kent Medical Building, a 120,501-square-foot medical office building in West Orange, NJ. The firm’s Michael… Read more
Monmouth REIT Mulls Unsolicited Bid from Blackwells
Monmouth Real Estate Investment Corporation, based in Holmdel. NJ, said Monday it had received an unsolicited proposal from Blackwells Capital… Read more
Cabot Properties Divests from Nationwide Industrial Portfolio for $875M
Boston-based international private equity real estate investment firm Cabot Properties has divested from Cabot Industrial Core Fund L.P., a 27-property… Read more
Walker Webcast: Workday Co-Founder Aneel Bhusri Puts His Team First
The success of Workday, a cloud-based finance and HR platform that currently has a market capitalization of $55 billion, might… Read more
Englewood Health Expands in Jersey City
GAIA Real Estate arranged an expansion for Englewood Health, one of New Jersey’s leading hospitals and healthcare networks, at 2 Journal… Read more
AvalonBay Acquires Site at Somerville Station MXU
Somerset Development has sold a 15-acre property in downtown Somerville, NJ, paving the way for a new phase of its Somerville… Read more
Duke Signs 950K SF of Leases in Exit 8A Corridor
The New Jersey office of Duke Realty Corporation signed lease agreements totaling 950,000 square feet for two neighboring distribution facilities in Cranbury,… Read more
Berkadia Arranges $25M Sale of Two MF Properties in LaGrange
Berkadia has arranged the sale of Cameron Crossing and Laurel Crossing, two multifamily properties in LaGrange, GA totaling 264 units.… Read more
CBRE Arranges Four Leases for Lionstone in Saddle Brook
CBRE arranged four lease transactions at Park 80 West Plazas I and II in Saddle Brook, NJ. The firm’s Donald… Read more
Lawyers in Real Estate 2020: Olshan’s Eric Goldberg
As a partner at Olshan Frome Wolosky, Eric Goldberg is well-known for his skilled handling of sophisticated real estate structures,… Read more
E-Commerce Firm Lands at Morgan Stanley Asset in Ontario
Western Post (US), Inc. signed long-term lease with Morgan Stanley Real Estate for 178,523 square feet at Bridge Point Ontario… Read more
Venture One Adds Outdoor Storage Portfolio
Venture One Real Estate’s acquisition fund, VK Industrial V LP, a partnership between Venture One and Kovitz Investment Group, closed… Read more
Iron Mountain Sells Industrial Portfolio for $358M
Boston-based storage and information management services firm Iron Mountain has sold a portfolio of 13 industrial facilities to Blackstone Real… Read more
NAI Hanson Arranges Industrial Lease in NJ Meadowlands
NAI James E. Hanson negotiated a 110,000-square-foot industrial lease at 7300 West Side Ave. in North Bergen, NJ. The firm’s Scott K. Perkins,… Read more
Net-Leased Home Depot Fetches $34M
Newmark arranged the sale of an off-market Home Depot for $34 million. The single-tenant, 120,000-square-foot ground-leased building at 75 McLean… Read more
Bobst Takes Headquarters Space in Parsippany
Avison Young arranged an 11-year, 33,910-square-foot North American headquarters lease for Bobst on the first floor of 10 Waterview Blvd. in Parsippany, NJ.… Read more
Simon, Taubman Reach Revised Agreement on Merger
Simon Property Group and Taubman Centers said Sunday that they’d reached a revised merger agreement that would see Simon paying… Read more
New U.S. Jobless Claims Fall to Lowest Level Since Pandemic Started
The number of American’s filing initial claims for unemployment dropped to 709,000 in the week ending November 7th. The Labor… Read more
Women in Real Estate 2020: Kushner Cos.’ Jenny Bernell Sets the Highest Standards
Colleagues say Kushner Cos.’ Jenny Bernell sets the highest standard in her ability to execute the “impossible” in record speed,… Read more