New Jersey
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
Americold Pays $480M for NJ Portfolio
Atlanta-based Americold Realty Trust recently acquired South Plainfield, NJ-based Hall’s Warehouse Corporation from the Jayne family for $480 million. The… Read more
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