New Jersey
Dirt Moves on Next Phase of JC’s University Place Master Plan
Executives from The Hampshire Companies, Claremont Companies and Circle Squared were joined by New Jersey City University President Sue Henderson and Jersey City Mayor Steven Fulop… Read more
Amazon’s Cashless Store Veers Back Toward Cash
A year ago, Amazon launched its high-tech Go convenience store concept. With no cashiers on hand, shoppers enter the store… Read more
Logistics Firm Buys Clifton Warehouse to Grow In
Logistics firm Shawnee Transportation, headquartered in Lancaster, PA, has acquired 50 Somerset Pl., a 121,000-square-foot industrial building in Clifton, NJ,… Read more
EmblemHealth Recommits to 440K-SF Downtown Space
Colliers International Group and CBRE have arranged a long-term lease extension at 55 Water St. for EmblemHealth. The non-profit health… Read more
RED Mortgage Capital Closes $60M SBL Portfolio in Union City, NJ
RED Mortgage Capital closed a $60 million, 18 property portfolio in Union City, N.J. through the Freddie Mac OptigoSM Small… Read more
Prism Retains Goettsch Partners for New Office Towers at ON3
Prism Capital Partners has retained Chicago-based architectural firm Goettsch Partners to design a new Class A office complex at ON3, the 116-acre mixed-use redevelopment of… Read more
Garden State Plaza Will Become “Town Square” in Sweeping Redevelopment
The 2.1-million-square-foot Westfield Garden State Plaza will become the hub of a mixed-use town center in a sweeping redevelopment planned by… Read more
Multi-tenant Shopping Center in Mercer Finds Buyer
Marcus & Millichap recently arranged the sale of Princeton Plaza, a fully-occupied highway shopping center on Brunswick Pike in Lawrenceville,… Read more
BTS Cold Storage Facility Lands $36M Refi
HFF has arranged a $35.75-million refinancing for a fully-leased, 182,154-square-foot, Class A cold storage facility at 275 Blair Rd. in… Read more
HFF’s Mikula on Today’s Debt Market
Connect New York is just around the corner on April 30! Click here to register and attend the event. By… Read more
NJ Office Vacancies Slide to 10-Year Low
Office vacancies in New Jersey continue a gradual downward path, said Transwestern Commercial Services (TCS). The market ended the first… Read more
Port Authority Launches Next Phase of JFK Air Cargo Overhaul
The Port Authority of New York and New Jersey has signed a long-term lease to develop a state-of-the-art air cargo… Read more
Prospect Medical Holdings Seeks Buyer for Healthcare Assets
Prospect Medical Holdings, the parent company of Nix Health, wants a buyer for a downtown San Antonio hospital and four… Read more
Logistics Firm Takes 100K SF at Goodman’s Murray Hill Facility in NJ
OmLog, a global logistics service provider for luxury fashion products, leased more than 100,000 square-feet at Goodman Industrial Center Murray… Read more
West Orange Township Buys 138 Acres from Private Club
HFF has brokered the $11.1-million sale of a nearly 138-acre development site in West Orange, NJ. The firm marketed the… Read more
NAI Hanson Tapped to Lease High-Occupancy Upper Bergen Park
NAI James E. Hanson has been named the exclusive leasing agent for the Allendale Industrial Park, a 370,000-square-foot, seven-building flex/industrial… Read more
Where Retirees Are Headed, and Where They’re Coming From
For decades, it has been a cliché: retirees pulling up stakes from harsher winter climes up north, and living out… Read more
Paramount Assets Launches Franchisee Service in NJ
Paramount Assets has launched Franchise Connect, a free program aimed at helping franchises and small businesses grow in New Jersey and prospective franchisees… Read more
Celularity Relocates in Full-Building Florham Park Lease
Celularity has signed a long-term lease for the entire 147,215-square-foot office building at 170 Park Ave. in Florham Park, NJ.… Read more