New Jersey
NYC’s Evolving Superregional Industrial Market
The term “megalopolis” has been around for more than a century. In 2020, someone may need to coin a comparable… Read more
Consulting Firm J.S. Held Acquires Brennan Environmental
Consulting firm J.S. Held, based in Jericho, NY, has acquired Brennan Environmental Inc. (BEI), an environmental consulting firm headquartered in… Read more
Fast Absorption of New Industrial Tempers Concerns About Oversupply
Developers completed construction of 289 million square feet of industrial and logistics real estate across the U.S. in 2019, but… Read more
New York Life Partners with CBRE GI on Investment Funds
New York Life Investments will bring additional alternative investment funds into its MainStay Fund lineup via a strategic partnership with… Read more
Goodman, CPP Increase Equity Commitment to $5.5B in U.S. Logistics Partnership
Goodman Group and Canada Pension Plan Investment Board have committed an additional $2.5 billion in equity to the Goodman North… Read more
Halpern Closes on O-Zone Development Platform
New York City-based Halpern Real Estate Ventures (HREV) closed on its inaugural Opportunity Zone Platform after achieving its target of… Read more
Vision RE Wraps Up Revamp at Morristown Offices
Vision Real Estate Partners recently completed renovations to the lobby and a new rooftop deck at 1776 On the Green, in the… Read more
JV Pays $23M for Ownership Rights to Pecan 130 Commerce Center
A joint venture between San Juan Capistrano-based Birtcher Anderson Realty and Alex Brown Realty of Baltimore, MD acquired Pecan 130… Read more
RXR’s New Rochelle Apartments Land $131M Loan
Capital One served as the lead bank for a $131.2-million construction loan for the ground-up development of 26 South Division, a 28-story,… Read more
Princeton RE Veteran Thompson Joins Colliers
W. Bryce Thompson has joined Colliers International as managing director in its Princeton, NJ office. Thompson, who has spent his… Read more
Topgolf Plans 2021 Opening for First NY State Location
Topgolf Entertainment Group will open its first venue in New York State with a location on Long Island early next… Read more
JLL Lines Up Financing for Normandy O-Zone Fund
JLL Capital Markets arranged $20.5 million in financing for the acquisition of The Ashton in Jersey City. The newly-completed, 93-unit,… Read more
Jitters Over Mall Exposure Spur Withdrawals from Funds
Whatever the long-term wisdom and profitability of Simon Property Group’s $3.6-billion agreement to acquire rival Taubman Centers, in the near… Read more
12 Trends That Are Shaping Commercial Real Estate in 2020
By Paul Bubny Twelve different commercial real estate trends and 12 different voices to express each of them. NKF’s white… Read more
365 Adds LI Facility to Data Center Portfolio
365 Data Centers acquired a facility at 500 Commack Rd. in the Suffolk County community of Commack, NY from mindSHIFT Technologies (a Ricoh company).… Read more
SJP Plans Repositioning at Newly Acquired NJ Offices
SJP Properties acquired 200 Wood Ave., S., a 270,000-square-foot, Class A office building in Woodbridge, NJ, for a reported $25 million.… Read more
3PL Provider Re-Ups at Rutgers Industrial Center
Family-owned and operated 3PL provider Hall’s Warehouse Corp. renewed its 135,000-square-foot lease at 120 Circle Dr. N., part of Rutgers Industrial Center in… Read more
Container Traffic Slides on Factory Shutdowns Over Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are… Read more
Simon Acquiring Taubman Centers in $3.6B Deal
Simon Property Group, the nation’s largest mall operator, has agreed to acquire Taubman Centers Inc. in an all-cash deal valued… Read more