New Jersey
Prologis Completes $4B Acquisition of Industrial Property Trust
Prologis, Inc. (NYSE: PLD) has completed its $4 billion acquisition of the wholly-owned real estate assets of Industrial Property Trust… Read more
EverWest Picks Up Secaucus Facility for Last-Mile Logistics
CBRE arranged the sale of a 149,000 square-foot mixed-used property at 25 Enterprise Ave. North in Secaucus, NJ. EverWest Real… Read more
Holiday 2019 Retail Sales Healthy; Mall Owners Get Creative
The advent of screen-to-door shopping may be the new retail frontier. But, mall owners and retailers are getting creative with… Read more
Modell’s Will House Logistics at Matrix’s Bordentown Facility
Modell’s Sporting Goods has leased 312,373 square feet at Matrix Development Group’s 201 Old York Rd. in Bordentown, NJ. The… Read more
Venture X Breaks Ground on First NJ Co-working Location
Shared workspace brand Venture X recently broke ground on its first New Jersey location, with construction supervised by Mack-Cali Realty… Read more
Healthcare REIT Lands $60M Refi via Gantry
Gantry recently arranged $60 million in refinancing for two medical office buildings in the Northeast. The borrower was a Southern California-based… Read more
Kislak Sells Newark Apartments with Rental Upside
The Kislak Company arranged the sale of a four-property multifamily portfolio totaling 69 units in Newark, NJ. The portfolio traded… Read more
Pershing Re-Ups for 400K SF with Columbia REIT in Jersey City
Columbia Property Trust (CXP) renewed its lease with Pershing LLC, a wholly-owned subsidiary of The Bank of New York Mellon,… Read more
OpenTable Ranks Top 100 Restaurants in America
Online restaurant reservation website OpenTable has revealed the top 100 restaurants in America for 2019, according to OpenTable diners. The… Read more
Report: Home Prices Increased 5% in November Amid Decline in Inventory
U.S. home sale prices increased 5.2% year-over-year in November to a median of $311,600, according to a new report from… Read more
Capital One Leads Syndication for Essential Properties Trust
Capital One served as joint lead arranger, joint bookrunner and administrative agent for a $430-million, seven-year, senior unsecured term loan facility to… Read more
LG Electronics Takes 925K SF at Crow Holdings’ NJ Project
Crow Holdings Industrial signed a seven-year, full-building lease with LG Electronics USA at Crow Holdings at Veronica Ave., the 925,000-square-foot… Read more
NAIOP NJ Panelists Address “Hot-Button” Issues
Keeping goods and people moving through the Garden State, and the trends influencing the state’s corporate site selection process, were… Read more
Ohio State Medical Expands MOB Footprint with Atkins
Ohio State University Wexner Medical Center has inked an expansion for 12,000 square feet of medical office space at Atkins… Read more
PAG Snaps Up Parsippany Offices from Mack-Cali
PAG Investments acquired 5 Wood Hollow Rd., a Class A office property in Parsippany, NJ, from Mack-Cali Realty Corporation for… Read more
Vintage River North Offices Double Value in Four-Year Hold
A group led by Chicago trader and investor Michael Palumbo sold the property at 435 N. LaSalle St. in River North for $17 million after a four-year hold.… Read more
Report: Four Metros Reach Full Home Price Recovery
Four new metro areas have reached values last seen during boom-era peaks more than 13 years ago, according to a… Read more
Harrison Street, Brightview Expand Senior Living Partnership
Harrison Street acquired a portfolio of senior living properties managed by Brightview Senior Living for an undisclosed sum. The 1,322-unit… Read more
CBRE Team Will Lease Up Woodcliff Lake Offices
Capstone Realty Group has appointed CBRE to lease 50 Tice, its recently renovated, 250,000-square-foot Class A office complex in Woodcliff… Read more