New Jersey
Colliers Expands Woodbridge Offices
Colliers International expanded its Woodbridge, NJ office by an undisclosed amount to accommodate growth. Located at 10 Woodbridge Center Dr.,… Read more
CBRE Lines Up Refi for South Orange Apartments
CBRE secured a $14-million refinancing for The Ridgewood Commons, a 66-unit midrise multifamily apartment building at 10 N. Ridgewood Rd.… Read more
Warehouse Sale Points to Strength of Fairfield NJ Market
In an $8.75-million transaction, a warehouse and distribution facility just off Route 46 in Fairfield, NJ was recently acquired by Ridgewood, NJ-based The… Read more
Upgraded Morristown Offices Sell for $50M
Marcus Partners completed the sale of 44 Whippany, a 97% leased, 232,000-square-foot Class A office property in Morristown, NJ. The buyer was… Read more
Camber Makes First New Jersey Acquisition
Camber Property Group has purchased the nine-building Salem Lafayette Apartment portfolio in Jersey City’s Bergen-Lafayette neighborhood for $21.5 million. It’s the… Read more
JV Finalizes $85M Sale of Parsippany Industrial
Turnbridge Equities and joint venture partner Harbor Group International closed on the sale of 100 Jefferson Rd., a 550,000-square-foot industrial property… Read more
PGIM RE Adds 2.2M-SF Industrial Portfolio in NJ
Bridge Development Partners said Thursday it had sold Phase I of Bridge Point 78 in Phillipsburg, NJ to PGIM Real Estate. Separately,… Read more
Samsung’s North American HQ Trades to Korean Buyer
The KABR Group, a private equity real estate firm, completed the sale of Samsung’s North American headquarters at 85 Challenger… Read more
Larry Martin Joins JLL in NJ
Industry veteran Larry Martin has joined JLL’s East Rutherford, NJ office as an EVP on the office leasing team. Martin,… Read more
NAI Global’s Jay Olshonsky on the Coming Distress Wave: “You Need to Develop a Realistic Plan”
By Paul Bubny NAI Global president & CEO Jay Olshonsky sees the makings of another wave of distress in the… Read more
JLL to Market Space at Parsippany Complex
JLL has been selected to handle leasing at five buildings—1, 3, 5 and 7 Sylvan Way, and 8 Campus Dr.—within… Read more
Amazon Leases Sort Center at Staten Island Logistics Park
Amazon has leased its third warehouse at Matrix Development Group’s Matrix Global Logistics Park on Staten Island. The 975,000-square-foot sort… Read more
Apartment Fundamentals Rebound from Shaky First Half of 2020
From the standpoint of investor demand, the apartment sector remains at or near the top of the class, rivaled only… Read more
Hackensack Meridian Signs with Simone for Medical Office Space
Hackensack Meridian Health has signed a new long-term lease of 5,111 square feet of medical office space at Simone Development Companies’… Read more
Hartz Mountain Opens Second Rental Tower in Weehawken
Hartz Mountain Industries launched leasing of Tower B at Hamilton Cove, the second of its three residential towers in the Lincoln Harbor area of… Read more
Newmark Team Will Lease Up Madison’s 1 Giralda
Newmark Knight Frank is now leasing agent for 1 Giralda Farms, a Class A office building that’s part of a 375-acre corporate campus in… Read more
JRM Construction Adds Team Members in NJ, NYC
New York City-based JRM Construction Management has added Sean Galvin as chief estimator in the firm’s Carlstadt, NJ office, Antonina… Read more
JLL’s Michael Klein Arranges Refi for Frassetto Cos.
JLL Capital Markets arranged the refinancing of four industrial buildings totaling 257,949 square feet in Pine Brook, NJ, and the… Read more
Revamped Westfield Offices Market Big Block of Space
Newmark Knight Frank and developer Murray Construction have brought Rigel, a newly revamped urban office property in Westfield, NJ, to the leasing market. NKF’s… Read more