New Jersey
Experts Question Recent Opportunity Zone Article
by Amy Sorter By now, most understand that the Opportunity Zone program is meant to pump resources into lower-income areas.… Read more
NorthMarq Secures Refi on Hudson County Portfolio
Gary Cohen, SVP/managing director of NorthMarq’s North New Jersey office, recently arranged the refinancing of four affordable properties in New… Read more
Seagis Adds to Outer Borough Industrial Holdings
Seagis Property Group made two industrial acquisitions totaling 101,340 square feet in Brooklyn and Queens. Pricing wasn’t disclosed. The larger… Read more
Greystar Hires Clarkson as Managing Director of Development
Charleston, SC-based real estate company Greystar has hired John Clarkson as Managing Director of Development. Clarkson will be responsible for… Read more
JBA Secures Construction Debt on North Bergen Condo Tower
JBA Equities secured a $55.5-million construction loan for 8701 Churchill Rd., a 14-story, 70-unit condominium project in North Bergen, NJ. The financing… Read more
365 Adds NJ Data Center to Portfolio
365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater,… Read more
W&D Structures Loan to Acquire, Revamp Newark Airport Hotel
Walker & Dunlop structured a $14,224,000 senior loan for the acquisition and future repositioning of the 191-key Holiday Inn Newark Airport. Situated… Read more
Davco Adds NJ Industrial Complex to Portfolio
New York City-based Davco Group purchased a six-building industrial complex at 114 Beach St. in Rockaway, NJ for an undisclosed… Read more
American Dream Mega-Mall in NJ Sets Oct. 25 Opening
Some 16 years after it was first announced as Meadowlands Xanadu by its original developer, Triple Five Group’s three-million-square-foot American… Read more
Bohler Engineering Takes 2 Floors in Warren
JLL has completed a new transaction for Bohler Engineering at 30 Independence Blvd. in Warren, NJ with building owner Griffin… Read more
Avison Young Handles Body Fit Training Expansion, Signs 1st U.S. Lease in Santa Monica
Avison Young was named the exclusive U.S. property representative for Australia-based Body Fit Training, and will help coordinate the fitness… Read more
Digital Agency Renews Lease with Denholtz in Red Bank
Denholtz Properties signed a lease renewal with DefinedLogic LLC for 12,224 square feet of office space at 116 Chestnut St. in… Read more
Landsea Makes Key Promotions in NYC Development
Landsea Homes promoted Kevin Murray and Thomas Parker to VP of development and director of construction, respectively, for the New… Read more
JV Will Develop CubeSmart Facility in Montville
Diversified Properties LLC, based in Montville, NJ, has closed on a joint venture with 1026 Real Estate Investors LLC, a New… Read more
$43M Nationwide Loan Retires Construction Debt on NJ Luxury MF
JLL arranged $43 million in financing for Signature Place, a 197-unit, luxury apartment community in Morris Plains, NJ. A JLL… Read more
Cuomo, Murphy Trim Costs on Gateway Tunnel Project
Key stakeholders in the Gateway project to build a new rail tunnel under the Hudson River and rehabilitate the 108-year-old… Read more
Life Company Provides Permanent Loan on Totowa Data Center
JLL arranged $11 million in financing for 50 Madison Rd., a 125,871-square-foot data center in Totowa, NJ. A capital markets… Read more
NJ Shore Retail Lists for $78M
Marcus & Millichap is marketing Greenleaf at Howell, a newly-constructed, open-air community center in the shore neighborhood of Howell Township, NJ. The asking… Read more
Rock Group Launches Big-Box Spec Build in Low-Vacancy NJ Corridor
Rockefeller Group has begun construction on Rockefeller Group 10Edison, a 900,022-square-foot speculative distribution center in Edison, NJ. It will be located on 56… Read more