New Jersey
Basis CEO Tammy Jones Joins Mack-Cali Board
Basis Investment Group LLC CEO Tammy K. Jones will join the board of directors for Mack-Cali Realty Corporation, a Jersey City-based office and multifamily… Read more
CBRE Tapped to Lease Renovated Piscataway Offices
CBRE has been retained to lease 371 Hoes Ln., a newly renovated, 138,000-square-foot office property in Piscataway, NJ. The firm’s… Read more
Colliers Brokers Sale of Freehold Mall
Colliers International arranged the sale of Freehold Mall, a 220,000-square-foot retail complex in the Monmouth County community of Freehold Township, NJ. Transaction terms… Read more
Converted Duluth Hotel Trades to Orbach Affordable Housing
JLL Capital Markets recently closed the $17.45-million sale of Greysolon Plaza, a 150-unit affordable housing community located in downtown Duluth,… Read more
Chicago Mandates Quarantine on Travel from States with COVID Surges
The Lightfoot administration imposed a 14-day quarantine requirement for travelers entering Chicago from states experiencing a surge in new COVID-19… Read more
NJ Office, Industrial: A Tale of Two Sectors in Q2
New Jersey’s office and industrial sectors represented a study in contrasts during the second quarter, according to newly issued reports… Read more
Golden Gate Capital Acquires Mt. Laurel Portfolio
CBRE arranged the sale of the six-building Greentree North Corporate Center and 1001 Briggs Rd. in Cambridge Crossing, totaling 244,000… Read more
NY, NJ, CT Double Roster of States with Quarantine Mandate
The governors of New York, New Jersey and Connecticut on Tuesday doubled the number of states under a travel advisory… Read more
Princeton Offices Obtain Refi from Univest
Cushman & Wakefield advised ML7 in obtaining a $19.5-million refinancing on 750 College Road East, a 101,489-square-foot office property in Princeton,… Read more
CBRE Arranges Sale of NJ Industrial
CBRE arranged the sale of 1201 Valley Brook Ave., a 180,000-square-foot industrial property in Lyndhurst, NJ, for an undisclosed sum.… Read more
Biologics Tenant Leases Full Building in Cranbury
JLL completed a 10-year lease transaction for WuXi Biologics at 7 Clarke Dr. in Cranbury, NJ, with building owner Cedar… Read more
Tower Management Lines Up $12M Credit Facility
JLL Capital Markets announced today that it has arranged a $12-million credit facility for Tower Management Service L.P. that will… Read more
Lincoln Equities, H.I.G. Acquire Former Bristol Myers Squibb Campus
Lincoln Equities Group and H.I.G. Realty Partners acquired a 1.2-million-square-foot life sciences campus in Hopewell, NJ, formerly owned by global… Read more
William Gilbane III Joins Gilbane’s Board of Directors
Providence RI.-based construction and real estate development firm Gilbane has announced that William Gilbane III has been elected to its… Read more
Atlanta’s Zinburger Locations to Permanently Shutter
National wine and burger chain Zinburger has permanently closed both Atlanta locations due to the economic fallout from the ongoing… Read more
Duke Realty Will Host Rooftop Solar Projects in NJ
Logistics REIT Duke Realty said it would host solar projects covering nearly one million square feet of roof space across… Read more
Crow Holdings Trades NJ Industrial to BentallGreenOak
Crow Holdings Industrial (CHI) has sold 50 Veronica Ave., a 925,000-square-foot, fully occupied warehouse in Franklin Township, NJ, to BentallGreenOak, on behalf… Read more
MaryAnne Gilmartin Elected Board Chair at Mack-Cali
MaryAnne Gilmartin has been elected chair of the board of directors at Mack-Cali Realty Corporation. Gilmartin has served as a director… Read more
Mountain Development Snaps Up Warren Offices
NKF arranged the sale of 30 Technology Drive South in Warren, NJ on behalf of a joint venture between Ivy Realty and Waterfall… Read more