New Jersey
JLL Capital Markets Closes Two-Building Northern NJ Deal
JLL Capital Markets closed the sale of Mountain Heights Corporate Center, a two-building, Class A office complex totaling nearly 303,000 square… Read more
Bergen County Apartments Land Freddie Mac Loan
JLL Capital Markets arranged $30 million in financing for Ivy Lane, a 237-unit, garden-style multifamily community in the Bergen County… Read more
CBRE Named Co-Subleasing Agent at Bridgewater Offices
CBRE has been appointed the co-subleasing agent with Zell Partnership Inc. for 674,000 square feet of office space at 55… Read more
Eastern Union Lines Up Debt on NJ Self-Storage
Eastern Union recently arranged $15.5 million in financing toward construction of a ground-up, 1,115-unit self-storage facility in Woodbridge Township, NJ. The… Read more
Nordstrom Permanently Closing 16 Full-Line Stores in Nine States
Seattle-based Nordstrom, Inc. outlined plans to increase flexibility and agility in serving customers and position the business for the long-term… Read more
Colliers’ Chesler Closes Sale of North Jersey Retail
Colliers International arranged the sale of Lenox Plaza, a 50,000-square-foot retail complex located in Woodland Park, NJ. The firm’s Jacklene… Read more
RD Management Advances on 7 Development Projects
New York City-based RD Management LLC said it has seven luxury multifamily projects consisting of more than 2,000 units in… Read more
Trademark Tapped to Manage 1M-SF Bridgewater Commons
Trademark Property Company, based in Fort Worth, has been hired by institutional investors advised by JPMorgan Asset Management to manage… Read more
Southern NJ Industrial Portfolio Changes Hands
CBRE closed the sale of the Southern New Jersey Core Infill Portfolio, a seven-building, 553,548-square-foot industrial portfolio in Delran, Mount… Read more
Beverage Distributor Commits to 419K SF at Bridge Point 78
Mark Anthony Brewing, a leading producer and distributor of fine wine, premium beer and ready-to-drink beverages, has signed a lease… Read more
Cuomo, Murphy Outline States’ Reopening Plans, But Not Timetables
Noting that ”this is not a homogenous state,” New York Gov. Andrew Cuomo said Monday that some regions of the… Read more
Bally’s Atlantic City Casino Trades for $25M
Caesars Entertainment Corporation and VICI Properties Inc. have agreed to sell the Bally’s Atlantic City Hotel & Casino to Twin… Read more
P3’s Parsippany Deal Lands $60M Bridge Loan
JLL arranged $59.975 million in financing for Morris Corporate Center 1 & 2, a two-building, Class A office complex totaling 550,000… Read more
Panera Bread in Joliet Trades in 1031 Exchange
Marcus & Millichap finalized the sale of a 5,077-square-foot Panera Bread in Joliet, IL. The retail property sold for $4,325,000. Austin Weisenbeck and… Read more
Villanova Team Takes Top Honors in NAIOP NJ Student Challenge
Villanova University took top honors and the $5,000 prize in NAIOP New Jersey’s Sixth Annual University Challenge Case Study Competition. The students… Read more
Eastern Union Gives Clients Free Help on PPP Loans
In advance of the Paycheck Protection Program (PPP) being replenished, the Eastern Union team has been working around the clock… Read more
Colliers Retail Veteran Nancy Erickson Joins Florida Team
Colliers International broker Nancy Erickson, who for years has been one of the Northeast’s top retail brokers, has shifted south.… Read more
Hanley’s Lefko and Asher Sell BofA Branch in Twin Cities
Hanley Investment Group Real Estate Advisors completed the sale of a newly- constructed, single-tenant Bank of America in the Twin Cities… Read more
Tire Supplier Re-Ups on 234K-SF Warehouse Lease
American Tire Distributors Inc. (ATD) has extended its 233,669-square-foot lease at ML Realty Partners’ 9450 Sergo Dr. in McCook, IL.… Read more