New Jersey
Bridge Development Hires Hampshire’s LoBello as Ops Director
Bridge Development Partners hired Karen LoBello as director of operations. Working out of Bridge’s New Jersey office, LoBello will oversee the property management… Read more
Burlington Stores Backfills Vacant Toys “R” Us in Raritan
Off-price retailer Burlington Stores plans to open a new, 46,000-square-foot location at Somerville Circle Shopping Center in Raritan, NJ in Spring 2020. The… Read more
Columbia REIT Makes Deal for Normandy Platform
Columbia Property Trust has signed a definitive agreement to acquire owner-developer Normandy Real Estate Management. Columbia will acquire Normandy’s operating… Read more
Transwestern Team Wins TOBY Award from NJ BOMA
The New Jersey chapter of the Building Owners and Management Association (BOMA) has recognized 180 Park Ave. in Florham Park with The… Read more
SLB Puts NJ Facility into Institutional Hands
CBRE arranged the sale-leaseback of a 100,000-square-foot industrial facility at 12 Daniel Rd. in Fairfield, NJ. EverWest Real Estate Investors… Read more
Monmouth REIT Picks Up Indy-Area Amazon Warehouse
Monmouth Real Estate Investment Corporation acquired a newly-developed 615,747-square-foot Greenwood, IN industrial building, net-leased to Amazon, for $81.5 million. The… Read more
CushWake Markets Parsippany Industrial for Lease
Cushman & Wakefield is launching the marketing for approximately 200,000 square feet of warehouse space at 100 Jefferson Rd. in Parsippany, NJ.… Read more
Factory-Turned-Office Goes for $85M in Central NJ
CBRE closed on the $84.7-million sale of American Metro Center (AMC), an adaptive-reuse office property in the Central New Jersey… Read more
American Dream Mega-Mall Partners on Ferry Service from NYC
American Dream, the mega-mall in East Rutherford, NJ set to open later this month, partnered with NY Waterway to provide ferry-bus… Read more
Sanzari Adds Cedar Grove Asset to NJ Apartment Portfolio
Alfred Sanzari Enterprises leveraged a 1031 exchange to acquire Zephyr Ridge, a 24-unit luxury apartment community in Cedar Grove, NJ,… Read more
Colliers Arranges NJ Office Complex Sale After Lease-up
Colliers International arranged the $31.1-million sale of Florham Park Corporate Center, a two-building Class A office complex in Florham Park,… Read more
Cuomo, Murphy Name Commissioners to Oversee Gateway Project
New York Gov. Andrew Cuomo and New Jersey Gov. Phil Murphy have selected appointees to the Gateway Development Commission, which… Read more
Nuveen Bulks Up Industrial Holdings with $3B Blackstone Deal
Nuveen Real Estate bulked up its industrial platform with a 29-million-square-foot acquisition from Blackstone, valued at about $3 billion. The… Read more
Healthcare Data Firm Inks 115K-SF Sublease in Bridgewater
Healthcare data analytics company IQVIA inked a sublease for 115,000 square feet at 77 Corporate Dr. in Bridgewater, NJ. CBRE’s… Read more
Engineering Firm Whitestone Relocates Within Warren
JLL completed a new transaction for Whitestone Associates Inc. at 30 Independence Boulevard in Warren, NJ, with building owner Griffin… Read more
Hampshire, Harrison St. JV Launches NJ Self-Storage Project
A joint venture of the Hampshire Companies and Harrison Street began construction on a self-storage development in Hillsborough, NJ. It’s… Read more
Leaders Talk Industrial Trends at NAIOP I.CON East (VIDEO)
Connect Media joined attendees at NAIOP’s 2019 I.CON East conference held recently in New Jersey. We asked commercial real estate… Read more
Tracking a Retail e-Volution: CCIM’s Predictions for 2025
By Dennis Kaiser The retail sector continues to face a host of challenges, some from currents outside the industry and… Read more
Blackstone Puts Up $6B for Colony Industrial
Blackstone Real Estate Partners has agreed to acquire Colony Capital’s industrial real estate platform for $5.9 billion. The deal for… Read more